Baker Hughes have built a new deepwater fracturing tool that it claims can save companies “hundreds of millions of dollars”. The American-based oil service firm announced the new tool. DEEPFRAC. which eliminates certain steps of offshore fracturing operations and induces rapid stimulation of over 20 stages. On a recent job …
Read More »Baker Hughes Introduces Multi-Stage Fracturing Service for Deep Water
Conventional offshore stimulation systems are often limited to only five zones or ‘stages’ and these systems lack configuration flexibility.
Read More »Crude Oil Touches 3-Month Lows
The market is bearish because sentiment has turned
Read More »Oil Prices Slip 1 Percent
The oil market remains focused on the global rebalancing act.
Read More »Oil Ends the Year on High Note
Reuters reported. A two-rig rise in the oil rig count in the United States. the ninth weekly increase in a row. as reported by oilfield services provider Baker Hughes Inc. added to bearish sentiments.
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