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Tag Archives: oilfield services

A lot of businesses offer value to their customers, but do they practice their values in their business?

values, natural gas generator

Now, more than ever, people are talking about values. Not the kind you get at discount stores, or when plane fares go on sale, but the values that make people and businesses who and what they are. In today’s competitive marketplace, any company who has a specific set of core values that speaks to their customer base precisely, and the ...

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Halliburton to cut 5,000 more jobs

Halliburton to cut 5,000 more jobs

Oilfield services company Halliburton will eliminate 5,000 more jobs – about 8 percent of its global workforce. Ongoing market conditions led to the decision, according to a statement by Halliburton. As oil prices hover near $30 per barrel, producers struggle to remain viable. Benchmark U.S. crude sold for $33.07 on Thursday. “We regret having to make this decision but unfortunately ...

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IHS Names Sourcewater Inc an Energy Innovation Pioneer for 2016

IHS, the leading source of insight, analytics and expertise in critical areas that shape today’s business landscape, has named Sourcewater, Inc. an Energy Innovation Pioneer for 2016. Sourcewater will be featured at CERAWeek, the world’s premier energy industry gathering, to be held February 22-26 in Houston. Sourcewater, a spinout from MIT’s Energy Ventures program, is the first online marketplace for ...

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Failing fast, failing cheap innovation philosophy electrifies Windcreek Services

If you’ve never heard the phrase “fail fast, fail cheap,” then you’re working with the wrong company. According to Cody Williamson, the Sales and Marketing Director of Windcreek, “That truly is key. You scratch together the stuff that’s in the yard to see if that will actually work. It works on paper, now put it into practice. It’s important to ...

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U.S. regulators seek more concessions to OK Halliburton-Baker Hughes deal

Various Halliburton equipment being stored at the equipment yard in Alvarado, Texas June 2, 2015. While giants like Halliburton, Baker Hughes and Schlumberger are weathering the slump by cutting tens of thousands of jobs, small- and medium-sized firms that make up at least half of the nearly $100 billion a year U.S. oil services industry that provides fracking sand and specialized chemicals for fracking have been hit far harder than their large, cash-rich rivals by the downturn, experts say. Picture taken on June 2, 2015. REUTERS/Cooper Neill - RTX1GZSL

Halliburton Co <HAL.N> and Baker Hughes Inc <BHI.N> said U.S. antitrust officials were not satisfied with the concessions they offered to win approval for their proposed merger, and that officials said they would assess further proposals. The two oilfield service providers said it was unlikely they would be able to settle with the U.S. Department of Justice by Tuesday, the ...

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Windcreek Services announces certification in construction and installation of UL listed control panels

Windcreek, a turnkey solutions provider for energy, municipal and manufacturing industries, announces the addition of UL listed industrial control panels to their service and product line. Their team of experts can customize UL listed control panels to meet complex project and equipment demands. Gilette, Wyoming, December 12, 2015 –– Windcreek Services, Inc is now UL certified in the construction and installation ...

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US rig count declines by 28 this week to 709

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. this week declined by 28 to 709. Houston’s Baker Hughes said Friday that 524 rigs were seeking oil and 185 explored for natural gas. A year ago, with oil prices almost double the prices now, 1,893 rigs were ...

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Energy Pipeline: Support Company Profile — Symmetry Oilfield Solutions

Name of Company: Symmetry Oilfield Solutions Website: www.symmetryoilfield.com Services offered: Symmetry Oilfield Solutions is a small, family owned and local business representing a total solution for transforming contaminated soil and drill cuttings into a commercially viable reclamation and construction material. Whether the need is simply solidification, or complete bioremediation treatment, Symmetry has the solution. GeozorbTM, a proprietary solidification product, is ...

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