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Denver Business Journal’s, Greg Avery: “Colorado oil and gas executives are crying foul over the environmental sustainability stance of outdoor apparel giant The North Face, accusing the oil industry’s downtown Denver neighbor of hypocrisy. The simmering corporate beef started after The North Face, owned by Denver-based VF Corp. (NYSE: VFC), in December rejected an order…
“Our American Stories”, Lee Habeeb, discusses The North Face’s refusal to sell jackets to Innovex and COGA’s response. “It started with a nice gesture. Adam Anderson, the CEO of Innovex Downhole Solutions, wanted to buy his employees a Christmas gift. So he ordered 400 North Face jackets and asked that their corporate logo be included.…
Liberty’s Howard Melcher, Mike Mayerhofer, Karn Agarwal and Ray Ellis, recently published a piece in E&P Plus magazine, “Shale frac designs move to just-good-enough proppant economics”, discussing the importance of proppant selection. “There is no clear evidence that higher conductivity proppants (either white sand versus regional sand or ceramic proppants versus white sand) result in…
Liberty is excited to share our 2020 Annual Report. In 2020 Liberty faced serious challenges, as did our industry, country, and the world. Liberty responded rapidly and decisively to the COVID-19 pandemic and to the subsequent plunge in business activity in the U.S. oil and gas industry. The safety of our team members and their…
“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…
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…
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%…
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…
Liberty CEO, Chris Wright, was interviewed on Bloomberg Markets to discuss oil demand and prices.
“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…