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Serving the oilfield service sector with news, analysis and business opportunities.

PLS publishes news and analysis on the oilfield service sector through its OFS module. The gold banner report, published every 3 to 4 weeks, covers the active sector with news and analysis on drilling, completions, field operations and technology.

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  • Single copy pricing; Incl hard copy & email version
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  • Published every 3 weeks; 17+ issues per year
  • Covers drilling rigs, field services, completions, equipment, OFS performance, supply, costs
  • Includes properties, oilfield services,
    rigs & equipment for sale
  • Incl discounts for other PLS products & events

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News Date
Aramco inks $4.5B in deals with global OFS firms
At the same time that deputy crown prince Mohammad Bin Salman Al Saud was orchestrating a purge of perceived dissident-elements, Saudi Aramco inked ~US$4.5 billion in deals with global oil services...
Nov 13, 2017
Slowing rig count doesn’t faze Q3 onshore earnings
Stagnant US rig count, sub-$50/bo WTI, even a historic storm abusing the Texas Gulf Coast – none of it stopped onshore Q3 earnings as margins and dayrates continued to rise. Offshore companies...
Nov 13, 2017
People & Companies - November 13, 2017
Essential Energy Services did not infringe on a patent of Packers Plus Energy Services, the Federal Court of Canada ruled. Packers Plus alleged in 2013 that certain methods associated with the Tryton...
Nov 13, 2017
Nabors-Tesco merger gets OK from US & Canada
Nabors Industries’ acquisition of Tesco Corp. has received antitrust clearance from the US Department of Justice and the Canada Competition Bureau. The companies are also seeking approval from...
Nov 13, 2017
Amec Foster Wheeler sells nuclear businesses for C$10MM
Wood agreed to sell Amec Foster Wheeler’s Nuclear Americas and Romania businesses to Kinectrics, a deal that doubles the size of the Toronto-based company. Kinectrics, which provides turnkey and...
Nov 13, 2017
Bankrupt Petrowest’s oilfield assets headed to lender
The assets of Petrowest are prepared for sale three months after the Calgary-based infrastructure company went into receivership. Crown Capital Partners, which was owed C$27 million...
Nov 13, 2017
BJ Services puts US coil tubing assets up for bid
BJ Services Co is closing its US coil tubing division and will put all of its assets up for auction in mid-November. The company has decided to increase its focus on hydraulic fracturing and...
Nov 13, 2017
CEO to buy helicopter firm HNZ & sell Asian ops to PHI
The CEO of HNZ Group intends to buy all the helicopter transport company’s shares and sell its Asian offshore operations to PHI. HNZ’s Don Wall is offering C$18.70 per share—a 43% premium—in the...
Nov 13, 2017
Matrrix acquisitions give WCSB another contract driller
MatRRix Energy Technologies Inc., a builder of drilling systems, has entered the Western Canadian Sedimentary Basin contract drilling market itself through two acquisitions totaling six rigs. The...
Nov 13, 2017
Newpark acquires mat services provider for $75MM
Newpark Resources agreed to buy Well Service Group for $75 million. The transaction adds a containment logistics and installation partner for Newpark’s mats segment, which posted record revenue in...
Nov 13, 2017

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