The U.S. pressure pumping market is down overall, but the demand for modern equipment isn't as affected. ProPetro is one of the service suppliers that has already upgraded most of its fleets and now ...
High demand for next-generation fleets, such as electric frac spreads and dual-fuel frac spreads supports pricing premiums over and above those afforded by the tight equipment supply. Industrywide ...
For example, electric frac spreads are currently experiencing increased demand as E&P firms seek to reduce their carbon footprint in well production. Liberty continues its efforts in commercializing ...
HOUSTON - U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells at a time in the Permian basin, the company told Reuters, in an ...
CHONGQING, China, June 21 (Reuters) - On a flattened mountaintop a two-and-half-hour drive south of Chongqing in southwest China, a fleet of towering, red fracking trucks pumps chemicals and sand into ...