Service & Supply
Precision Drilling’s Q3 revenue up more than 50% from year ago as drilling ramps up
Thursday, October 21, 2021, 6:33 AM MDT
Precision Drilling Corporation says it lost $38 million in its latest quarter as drilling ramped up and revenue rose more…
Baker Hughes CEO says remaining one company still makes sense
Tuesday, September 14, 2021, 6:46 AM MDT
Baker Hughes Co.’s stock outperformed its biggest oilfield services rivals last week after raising the question of splitting itself up,…
Oilfield services’ time to shine with ESG
Wednesday, August 25, 2021, 6 AM MDT
For oilfield services, focusing on environment, social and governance (ESG) efforts could be a differentiator when it comes to securing new contracts…
Halliburton sees ‘multi-year upcycle’ as oil services return
Tuesday, July 20, 2021, 6:54 AM MDT
Halliburton Co., the biggest provider of fracking services, is gearing up for several years of expansion in both the U.S.…
U.S. oilfield service jobs slow to recover pandemic losses
Wednesday, July 14, 2021, 7:03 AM MDT
American drillers have restored less than 20 per cent of the oilfield services jobs lost due to the pandemic, with…
Calfrac wins another fight with Wilks Brothers over recapitalization plan
Wednesday, July 14, 2021, 6:08 AM MDT
Calfrac Well Services Ltd. has won another round with Wilks Brothers LLC over its recapitalization plan. The Calgary-based oilfield services…
Cloud computing can drive collaboration and workflow efficiency for oil and gas companies
Wednesday, July 7, 2021, 6 AM MDT
Cloud computing can answer many challenges facing oil and gas companies by ensuring ideal data sets and visualization tools are…
Competition Bureau seeks to block Secure Energy's purchase of rival Tervita
Friday, July 2, 2021, 5:42 AM MDT
The Competition Bureau is seeking to block Secure Energy Services Inc. from buying rival Tervita Corp. because of what it…
Linking operational efficiency and ESG will drive future data usage, leaders tell webinar
Tuesday, June 29, 2021, 6 AM MDT
The Canadian oil and gas industry has a long history leveraging data to find reserves and turn those reserves into…
Ensign Energy Services to buy Canadian drilling assets from Nabors Industries
Friday, June 25, 2021, 5:58 AM MDT
Oilfield services company Ensign Energy Services Inc. says it has signed a deal to buy the Canadian drilling assets of…
Oilfield Services looking for data that provides a competitive edge
Wednesday, June 23, 2021, 5:58 AM MDT
It’s become an all-too-familiar reality: Thin operating margins, industry consolidation and the need to stay relevant as customers adopt new…
PSAC names new president and chief executive
Tuesday, June 22, 2021, 6:58 AM MDT
Gurpreet Lail has been named president and chief executive officer of the Petroleum Services Association of Canada. Her appointment is…