Articles by Carolyn Davis

Subsea Technology Backlog Highest in Four Years, Says FMC

Subsea demand is strong and getting stronger, with a backlog for orders at the highest level in more than four years for Houston's FMC Technologies Inc., the company reported Wednesday. Read More

Nabors Says 'Rapidly Expanding Population' of Long-Length Horizontals Signals Stronger U.S. Market

Unconventional drilling in the U.S. onshore boosted Nabors Industries Ltd. quarterly revenues to their highest level in more than two years, as customers sought better technology to finesse their wells. Read More

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Rocky E&P Quarterlies Forecast on Oil Price Declines

Talk about natural gas oversupply may not be the big story when the domestic exploration and production sector unveils quarterly earnings reports over the next few weeks. Instead, conversations may center around the impact lower crude oil prices had on the third quarter, and how they may impact drilling plans into 2015, energy analysts said this week. Read More

Total’s Renowned De Margerie Dies in Jet Crash on Russian Runway

Total SA's board of directors scheduled an emergency meeting on Tuesday after the company’s charismatic and outspoken leader, Christophe de Margerie, 63, known to many in France and around the world as the "Big Moustache," died Monday night. Read More

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Shell Midstream to Seek $785M in IPO

Shell Midstream Partners LP, the oil and natural gas pipeline company backed by Royal Dutch Shell plc, will be seeking more than $785 million in an initial public offering on the New York Stock Exchange. Read More

Cutting Unconventional Well Costs a Balancing Act, Says Accenture

Oil and natural gas operators may be able to reduce the costs to drill and complete unconventional wells by up to 40% by integrating logistics, contractors and materials, Accenture research has found. Read More

North American Service Intensity at 'Unprecedented Levels,' Says Halliburton Chief

Halliburton Co.'s job board is sold out for equipment in North America as demand continues to increase for the amount of proppant and the amount of stages... Read More

Eagle Materials Nearly Doubles Frack Sand Capacity on CRS Acquisition

Dallas-based Eagle Materials Inc. has agreed to pay $225 million to buy hydraulic fracturing (fracking) sand producer CRS Proppants LLC to expand market share in the Permian Basin, Eagle Ford Shale and Midcontinent, as well as nearly double its sand capacity and reserves. Read More