Wednesday, March 12, 2025
Eying a shale rebound, Liberty Oilfield strikes deal with Schlumberger- oil and gas 360

Liberty Oilfield Services Grows Frac Fleet

Liberty Oilfield Services Inc. (ticker: LBRT) reported a net income of $54 million in Q1 2018 and the company deployed its frac fleets 20 and 21, under dedicated arrangements with existing customers in the quarter. For the first quarter of 2018, revenue grew 10% to $495 million from $449 million in the fourth quarter of 2017. Liberty said that Q1

Extraction Oil & Gas (XOG) Expands Operating Footprint with Oily Hawkeye

Q3 highlights Average net sales volumes of 62,884 BOEPD including 34,607 barrels per day (Bbl/d) of oil Net loss of $29.8 million, or ($0.20) per basic and diluted share Turned to sales 30 gross (27 net) operated wells with an average lateral length of approximately 7,900 feet, and completed 51 gross (34 net) wells with an average lateral length of

Success of Shale will Depend on New Oilfield Technologies to Shore Up Economics

Aug. 17: see oilfield tech that will play a critical role in the financial health of the shale industry If Q2 oil and gas company filings are representative of what’s going on in the industry, a lot of shale developers are proving that they can make money when oil is approaching $50 per barrel. Rig counts are up across the