oil & gas assets

OilfieldServices

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

OilfieldServices
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.

  • Your access to oilfield service sector
  • Single copy pricing; Incl hard copy & email version
  • Increase understanding of field services & infrastructure
  • 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


$ 695 /Yr

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Headline
Publication
News Date
Baker Hughes CEO admits YE17 results to miss target
The head of Baker Hughes, a GE company acknowledged that the company’s YE17 performance will not reach the level projected when the merger agreement was announced. CEO Lorenzo Simonelli said earnings...
Sep 29, 2017
Patterson-UTI to acquire directional driller MS Energy
Patterson UTI Energy increased its position in North American unconventionals by agreeing to acquire the second largest directional driller in the US for 8.8 million shares of its stock and $75...
Sep 29, 2017
Seadrill files for Ch. 11; plan would dump $1.5B of debt
SeaDrill files for Ch. 11; plan would dump $1.5B of debt Seadrill Ltd. has filed for bankruptcy after warning for months of a Chapter 11 reorganization. The plan, created after more than a year of...
Sep 29, 2017
Hurricanes take a bite out of Flotek Industries, CB&I
Hurricane damage will cut $5 million from Flotek Industries’ revenues in Q3, a sizeable hit for a company that had $85 million in Q2 revenue. Most other oilfield services reported limited impact from...
Sep 29, 2017
Rowan negotiating to buy assets of Maersk Drilling
Rowan Companies is reportedly in talks the purchase of the drilling business of A.P. Moller-Maersk, which is divesting its energy operations to focus on transportation. The acquisition would be a...
Sep 29, 2017
Uncertainty expected to A&D follow OFS into 2018
At a presentation just 65 days into his job as CEO of the new Baker Hughes, Lorenzo Simonelli had a message to deliver about the future: “In the short term, challenging, but the...
Sep 29, 2017
Novomet investor opens door to Halliburton bid
Russian nanoindustry investor Rusnano remains open to selling equipment producer Novomet to Halliburton, CEO Anatoly Chubais told reporters on Sept. 22. Whether Halliburton still wants to make a bid...
Sep 29, 2017
Select & Rockwater delay completion of merger
Select Energy Services and Rockwater Energy Solutions agreed to extend the end date in the plan of merger from Nov. 1 to Dec. 31. The shareholders of Rockwater will own 35.6% of Select after the...
Sep 29, 2017
Key completes sale of Russian well intervention business
Key Energy Services has closed on the sale of its well intervention business in Russia to an undisclosed buyer for an undisclosed amount. “The sale of Key’s Russian Business marks the culmination of...
Sep 29, 2017
Turnbridge’s Brigade buys GlobeLTR well servicing
Denver-based Brigade Energy Services acquired the well servicing division of Permian-focused GlobeLTR Energy for an undisclosed amount. Brigade is a portfolio company of Turnbridge Capital Partners...
Sep 29, 2017

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