Liz Hampton

Colorado regulators approve tougher rules for new oil and gas wells

24 Nov 2020

DENVER Colorado's oil and gas regulator on Monday approved tougher permitting rules for new oil and gas wells, including requiring a 2,000-foot (610 meter) separation between wells and homes or public spaces, from the current 500-foot setback.

Oil operators get DUCs in a row, adding fracking crews to boost output

06 Nov 2020

DENVER U.S. frackers have been bringing back equipment to boost production even with oil prices languishing around $40 a barrel, tapping into a backlog of drilled wells left uncompleted (DUCs) when oil prices crashed in the spring.

Can Liberty Oil maverick's corporate culture survive the U.S. shale bust?

29 Oct 2020

DENVER Chris Wright stands out as an oilman who might be more at home in Silicon Valley than the shale fields of North Dakota.

Liberty Oilfield sees frac activity 'modestly ahead' of anticipated levels

28 Oct 2020

Liberty Oilfield Services on Wednesday said hydraulic fracturing activity was trending "modestly ahead" of anticipated levels and it expected roughly a 20% spike in its active fleets for the fourth quarter from the third quarter.

Patterson-UTI sees drilling activity picking up through early next year

22 Oct 2020

U.S. oilfield services firm Patterson-UTI Energy expects activity to continue to improve through at least the first quarter of 2021, Chief Executive Andy Hendricks told investors on Thursday during an earnings call.

Baker Hughes posts third straight quarterly loss as demand still hurt

21 Oct 2020

Oilfield services provider Baker Hughes Co reported a third straight quarterly loss on Wednesday and warned that activity may be lower next year, as a coronavirus-induced slump in commodity prices continued to hurt demand for equipment and services.

Halliburton eyes slimmer shale industry but more profitable future

19 Oct 2020

The U.S. shale industry will continue to shrink, but energy companies will emerge from the COVID-19 pandemic downturn stronger, Halliburton's Chief Executive Jeff Miller told investors on Monday.

Schlumberger posts third straight quarterly loss as oil rout hits services demand

16 Oct 2020

Top oilfield services provider Schlumberger NV on Friday posted its third straight quarterly loss as this year's slump in oil demand and prices due to the COVID-19 pandemic cut demand for its services.

World News