Edition:
India

Liz Hampton

ProPetro's board audit finds 'multiple material' weaknesses

25 Feb 2020

U.S. oilfield services provider ProPetro Holding Corp said on Monday a board committee had found multiple material weaknesses related to its financial reporting and disclosures.

UPDATE 1-ProPetro's board audit finds 'multiple material' weaknesses

25 Feb 2020

Feb 24 U.S. oilfield services provider ProPetro Holding Corp said on Monday a board committee had found multiple material weaknesses related to its financial reporting and disclosures.

U.S. shale oil outlook darkens as by-product prices slide

21 Feb 2020

DENVER/NEW YORK U.S. shale oil drillers could scale back investment in production more quickly than previously expected this year after prices slid for what had been a lucrative by-product of their operations.

UPDATE 1-U.S. shale oil outlook darkens as by-product prices slide

21 Feb 2020

* Could deepen shale oil slowdown (Recasts, updates throughout)

Struggling U.S. shale producers lose profitable niche

21 Feb 2020

DENVER, Feb 20 Swooning prices for natural gas liquids (NGLs) such as butane and propane have dealt another blow to hard-hit U.S. shale producers, hampering the one market niche that had been supporting companies that slashed spending and reallocated rigs to bolster thin profits.

National Oilwell Varco warns virus fallout could hit supply chain

08 Feb 2020

U.S. oilfield equipment supplier National Oilwell Varco on Friday called the coronavirus a "wildcard" in the oil industry's outlook, with an extended outbreak potentially hurting access to Chinese-make materials and foreign sales.

Liberty Oilfield deploys new frac fleet, plans new build

06 Feb 2020

U.S. shale fracking services provider Liberty Oilfield Services activated its 24th hydraulic fleet in January and plans to build an additional fleet, the company said on Thursday.

UPDATE 1-Liberty Oilfield deploys new frac fleet, plans new build

06 Feb 2020

Feb 6 U.S. shale fracking services provider Liberty Oilfield Services activated its 24th hydraulic fleet in January and plans to build an additional fleet, the company said on Thursday.

Liberty Oilfield deploys new frac fleet, plans new build

06 Feb 2020

Feb 6 U.S. shale fracking services provider Liberty Oilfield Services activated its 24th hydraulic fleet in January, and plans to build an additional fleet, the company said on Thursday.

Chesapeake Energy, others sued for $1 million in fatal Texas oil-well blast

06 Feb 2020

Chesapeake Energy Corp and three oilfield service firms were sued by the daughter of a worker who suffered fatal injuries when a Texas oil well exploded in flames last month.

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