Archives for December 2019
Drilling Down: The 10 longest horizontal wells in Texas
Most horizontal wells can be measured in feet but some of them can literally be measured in miles. Source: FuelFix
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Report: Overhauling oilfield service business models a priority in 2020
A new report from Deloitte lays out a battle plan for the struggling oilfield service sector to return to profitability. Source: FuelFix
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Schlumberger inks deal to expand artificial intelligence in the oil field
Oilfield service giant Schlumberger has inked a deal to expand the use of artificial intelligence technology in the oil patch. Source: FuelFix
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McDermott gets delisting warning from New York Stock Exchange
McDermott has been trading for below $1 per share since Nov. 8 and has yet to recover. Source: FuelFix
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U.S. rig count sits at 799
The nation’s number of operating oil and gas rigs was unchanged this week. Source: FuelFix
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