News Stories
AOGR: “Multiple-Basin Analyses Affirm Performance of Regional Frac Sands”
“Multiple-Basin Analyses Affirm Performance of Regional Frac Sands” By, Howard Melcher, Mike Mayerhofer, Karn Agarwal, and Ely Lolon. DENVER–Even after more than a decade of concentrated drilling and completion activity and tens of thousands of wells on production, optimizing the horizontal development of liquids-rich resource plays remains an incomplete science. Several questions have not…
Read MoreReuters: “OPEC crude output cuts should help U.S. shale profits in 2021”
HOUSTON (Reuters) – A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present for U.S. shale firms that have slashed costs, but any rise in prices spurred by the unexpected move may be just a modest stocking stuffer. U.S. crude oil production has fallen 2 million barrels…
Read MoreLIBERTY AND SCHLUMBERGER CLOSE NORTH AMERICAN PRESSURE PUMPING TRANSACTION
Supercharging Technology and Scale DENVER & HOUSTON–(BUSINESS WIRE)– Liberty Oilfield Services Inc. (NYSE: LBRT) and Schlumberger (NYSE: SLB) announced today the completion of the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada (“OneStim®”) to Liberty on December 31, 2020, including its pressure pumping, pumpdown perforating, and Permian frac sand businesses, in exchange for a 37%…
Read MoreFlipping the Barrel: “Our Greatest Asset? Our People” with Ron Gusek, President of Liberty Oilfield Services.
Thank you Flipping The Barrel Podcast for sharing Ron Gusek’s story! Tune in below to hear about Ron’s beginnings, management philosophies, and more on the Liberty story. https://www.flippingthebarrel.com/podcast/agco0a931xfl3q5g54xvjfvxexkrfo Ron grew up with a love for all things Mechanical. His father was a huge influence in his life, growing up outside of Edmonton, Canada spending…
Read MoreChris Wright Bloomberg Markets Interview
Liberty CEO, Chris Wright, was interviewed on Bloomberg Markets to discuss oil demand and prices.
Read MoreReuters: “Can Liberty Oil Maverick’s Corporate Culture Survive the U.S. Shale Bust?”
“Can Liberty Oil maverick’s corporate culture survive the shale bust? Liberty and rival fracking firms have been hit hard. U.S. shale oil companies have cut budgets up to 30%, halting most new drilling and pushing several oilfield firms out of the business….Wright combines tech savvy and a wildcatter’s passion for the oil business, said employees…
Read MoreDenver Business Journal: “Liberty Oilfield Beats Earnings Expectations as Fracking Business Shows Glimmers of Life”
Denver Business Journal reports on Liberty’s Q3 earnings. “Wright combines tech savvy and a wildcatter’s passion for the oil business, said employees and executives familiar with the company. His downtown Denver headquarters echoes tech startups with industry get-togethers, ping pong tables and craft beer on tap, unlike the sprawling corporate campuses at larger rivals Schlumberger…
Read MoreChris Wright Barron’s Interview – ‘Fracking’ Used to Be the Future of Oil Drilling. This Company is Betting it’s Not Dead Yet.
Barron’s Avi Salzman interviewed Liberty CEO, Chris Wright, to discuss the future of the industry and Liberty. “The rise of hydraulic fracturing, or fracking, is one of the most important technological breakthroughs of the past decade, turning the United States into the leading producer of oil in the world. But in the past year or…
Read MoreEnergy 360 Ron Gusek Interview
Liberty’s President, Ron Gusek, sat down with Oil & Gas 360 to discuss technology, ESG and the current business deal with Schlumberger. Check out the full interview below! Exclusive 360 Energy Expert Network Video Interview: Liberty Frac – on a roll to ESG and beyond
Read MoreLiberty partners with Samsara to help increase the safety, efficiency, and sustainability of our operations
Liberty has implemented the Samsara system across our fleets, improving accuracy of data, improving driver communications, and achieving big safety goals across our operations. To learn more about how Liberty has leveraged Samsara technology read the full case study or download the report below. Samsara Case Study
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