Service & Supply

Wilks Brothers to make offer for Calfrac if recapitalization plan rejected

Wednesday, September 2, 2020, 6:40 AM MDT

Wilks Brothers LLC says it will make a takeover offer for Calfrac Well Services Ltd. if shareholders reject the company's…

Read Article

Shale loses another global giant after Schlumberger’s frack sale

Wednesday, September 2, 2020, 6:35 AM MDT

Schlumberger has become the biggest oil-service industry player yet to abandon frack work in North America, a sign that activity…

Read Article

Calfrac says U.S. court sides with company in fight with Wilks Brothers

Tuesday, September 1, 2020, 7:11 AM MDT

Calfrac Well Services Ltd. says a U.S. court has sided with the company in its fight with Texas-based Wilks Brothers…

Read Article

AltaGas approved to double propane exports

Thursday, August 27, 2020, 6:33 AM MDT

Just a little over a year after AltaGas Ltd. commissioned its new propane export terminal in Prince Rupert, the company…

Read Article

Texas suitor urges Calfrac shareholders to reject management restructuring plan

Wednesday, August 19, 2020, 6:17 AM MDT

A Texas suitor for Calgary-based Calfrac Well Services Ltd. is urging shareholders to reject a management recapitalization proposal favoured by…

Read Article

Calfrac Well Services rejects recapitalization offer from Wilks Brothers

Wednesday, August 19, 2020, 6:11 AM MDT

Calfrac Well Services Ltd. says a Texas company's proposed restructuring plan doesn't have sufficient support from unsecured noteholders and so…

Read Article

Australian oilfield buoys Total Energy Q2 report despite North American weakness

Wednesday, August 12, 2020, 4:18 PM MDT

Total Energy Services Inc. reported a 68 per cent decline in revenue in the second quarter due to a near…

Read Article

Oilfield services rival makes alternative plan to restructure Calfrac debt

Tuesday, August 4, 2020, 6:02 PM MDT

A Texas-based competitor that is also an investor and debtholder in struggling Calfrac Well Services Ltd. has put forward a…

Read Article

​Baker Hughes bracing for second wave of COVID-19 lockdowns

Wednesday, July 22, 2020, 6:44 AM MDT

Baker Hughes Company is bracing for a second wave of pandemic-induced lockdowns after the virus crippled economic activity around the…

Read Article

​Downstream integration creating value in natural gas complex: 2020 Top Operators Report

Wednesday, July 22, 2020, 6 AM MDT

Vertical integration has paid off for oil producers who have spread risk throughout the value chain while capturing increased revenues…

Read Article

Analysts split over $45 million drilling partner consolidation by Ensign Energy

Tuesday, July 21, 2020, 6:43 AM MDT

Analysts are split on the wisdom of Ensign Energy Services Inc.’s US$33.4-million move to buy out partner Halliburton Company’s stake…

Read Article

​Halliburton takes $2.1 billion writedown after fracking collapse

Monday, July 20, 2020, 6:29 AM MDT

Halliburton Company said revenue in North America, its largest market, collapsed by 57 per cent in the second quarter, underlying…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.