Latest news

AOGR: “Multiple-Basin Analyses Affirm Performance of Regional Frac Sands”

January 14, 2021

“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…

Reuters: “OPEC crude output cuts should help U.S. shale profits in 2021”

January 11, 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…

LIBERTY AND SCHLUMBERGER CLOSE NORTH AMERICAN PRESSURE PUMPING TRANSACTION

January 4, 2021

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%…

Flipping the Barrel: “Our Greatest Asset? Our People” with Ron Gusek, President of Liberty Oilfield Services.

December 17, 2020

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…

Chris Wright Bloomberg Markets Interview

November 11, 2020

Liberty CEO, Chris Wright, was interviewed on Bloomberg Markets to discuss oil demand and prices.  

Reuters: “Can Liberty Oil Maverick’s Corporate Culture Survive the U.S. Shale Bust?”

October 29, 2020

“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: “Liberty Oilfield Beats Earnings Expectations as Fracking Business Shows Glimmers of Life”

October 28, 2020

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…

Chris Wright Barron’s Interview – ‘Fracking’ Used to Be the Future of Oil Drilling. This Company is Betting it’s Not Dead Yet.

September 28, 2020

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 on the Power Hungry Podcast

September 22, 2020

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…

Energy 360 Ron Gusek Interview

September 21, 2020

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