Fort Worth-based Baseline Energy Services LP recently opened a new facility to serve customers in the Uinta Basin. The center, situated in Roosevelt, Utah, is fully equipped to support that region’s mobile power generator fleet and will provide a full range of maintenance and repair services. To support Baseline’s mission, the new facility will be […]
Global O&G Contracts Value Surges in Q2
Global oil and gas contract activity received a boost from Petrobras’ key upstream contracts in the second quarter of 2024. The industry witnessed a notable 47 percent quarter-on-quarter increase in total disclosed value to reach $54.91 billion in Q2 2024 from $37.3 billion in Q1, reveals GlobalData, a data and analytics company. GlobalData’s latest report, “Oil […]
U.S. Oil and Gas Sector Defies Price Plunge
The EY US oil and gas reserves, production, and ESG benchmarking study reveals an industry demonstrating remarkable resilience and financial performance, despite facing a challenging economic landscape in 2023. The study, released Aug. 20, examines the 50 largest publicly traded exploration and production (E&P) companies, highlights the industry’s ability to navigate price fluctuations and maintain a […]
MidStream Company Expands Midland Basin Gas System
Brazos Midstream announced Aug. 15 the completion of several significant milestone projects consisting of major new-build pipelines and processing facilities located in the core of the Midland Basin, one of the most active oil and gas producing regions in the United States. Brazos’ buildout of new Midland Basin gas midstream infrastructure is anchored by the […]
Whitley Penn Named to a “Top 100”
Whitley Penn has been named a “Top 100 Firm” by INSIDE Public Accounting (IPA), ranking 35th in the annual ranking of the largest accounting firms in the nation. “It fills us with pride to be acknowledged as one of the Top 100 Firms by IPA,” stated Larry Autrey, CEO and Managing Partner of Whitley Penn. “This honor is a […]
Analyst Firm Ranks Drillers
Enverus, an energy-dedicated SaaS company that leverages generative AI across its solutions, has released on Aug. 27 a list of top drillers and customer rankings in the United States, as well as detailed drilling rig analytics. Included in the release is a compilation of exclusive tables showing the most active drillers by footage, ranking both the […]
Global IoT to Surpass $1.5T by 2029
The Internet of Things (IoT) has become a fundamental component of modern technology. According to an Aug. 30 notice from Stocklytics.com, the global IoT market is expected to earn $1.5 trillion in revenue by 2029. As the site’s financial analyst, Edith Reads, observes: “The demand for more technological advancements, widespread industry adoption, and a growing […]
Chain Maker Linked to Improvements
Kito Crosby, a leader in the lifting and securement industry, based in Richardson, Texas, has announced the completion of a major investment at its flagship manufacturing site of Peerless branded products in Winona, Minnesota. The multi-year, multi-million-dollar, project involved the design, installation, and startup of an advanced continuous plating system utilized in chain production. This […]
New Method Pioneered for Completions Data Transfer
Intelligent Wellhead Systems, a provider of automation and digitalization solutions to the oil and gas industry, along with ProFrac, a provider of hydraulic fracturing services, announced on July 2 what they describe as successful field tests utilizing MQTT (Message Queuing Telemetry Transport) protocol for the safe and efficient transfer and visualization of wellsite data during hydraulic fracturing operations. Working […]
Manufacturer Completes Alloy Tubulars Facility
Corrosion Resistant Alloys (CRA), a “just-in-time” manufacturer of corrosion-resistant alloy tubulars, announced the completion of construction at its state-of-the-art manufacturing facility in Brenham, Texas. The newly completed facility is designed to expand manufacturing capabilities and capacity, streamline processes, and respond to the dynamic needs of the industry and energy sectors. CRA states that this facility […]
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