Service & Supply
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…
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…
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…
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…
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…
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…
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…
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…
Top Operators Report: A long, hard road for oilfield services sector hit with COVID-19
Thursday, July 16, 2020, 9:22 AM MDT
Canada’s oilfield services sector has struggled the last five years. Activity levels plummeted as operators adjusted capital expenditures in light…
Co-op announces tentative deal with Regina refinery workers
Friday, June 19, 2020, 6:07 AM MDT
The end could be in sight for a bitter labour dispute between the union and owner of Regina's oil refinery…
Calfrac Well Services shares rise 75%; oilfield company says it hired advisers
Wednesday, June 10, 2020, 6:17 AM MDT
Calfrac Well Services Ltd. says it is seeking advice on changes to its capital structure but doesn't know of any…
Interface Fluidics named Energy Excellence Awards champion for technique that shines new light into reservoir fluid dynamics
Wednesday, June 3, 2020, 6 AM MDT
The second annual Energy Excellence Awards (EEAs) program, presented by the Daily Oil Bulletin, uniquely recognizes energy excellence and focuses…
