Service & Supply

Calfrac Well Services reports Q3 loss, revenue more than doubles from year ago

Tuesday, November 2, 2021, 5:59 AM MDT

Calfrac Well Services Ltd. reported a loss in its latest quarter as its revenue more than doubled compared with a…

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Air charter helps Albertans benefit from Texas oil development

Thursday, October 28, 2021, 6 AM MDT

The oil industry in Texas has been a driving force of the North American economy for decades. Spanning parts of…

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Baker Hughes joins Halliburton in Ida-fuelled earnings hit

Thursday, October 21, 2021, 6:53 AM MDT

Another disappointment to jolt the oil-services sector: Baker Hughes Co. reported a third-quarter earnings stumble that included pain from Hurricane…

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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…

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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,…

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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…

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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.…

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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…

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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…

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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…

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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…

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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…

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