Latest news
“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…
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…
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…
Chris Wright is the CEO and chairman of Liberty Oilfield Services, a Denver-based company that provides hydraulic fracturing services to drillers. In this episode, Wright talks with Robert about his pioneering work on micro-seismic technology during the earliest days of the shale revolution, Liberty’s recent acquisition of some of Schlumberger’s assets and how that acquisition will make…
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