Tradequip Blog & Oilfield Industry News

FourPoint Energy Announces New Equity Financing with Quantum Energy Partners and Closes the Acquisition of Jointly Owned Properties in the Texas Panhandle FourPoint Energy, LLC announced today a new equity financing and the closing of a strategic upstream and midstream acquisition in the Anadarko Basin. Quantum Energy Partners has agreed to invest $489 million in common equity in […]

PREDATOR DRILLING ACQUIRES ASSETS OF J.B. HUNT GAS AND OIL DRILLING Two Great Companies Prove the Sum is Greater Than the Parts Midland, Texas: Predator Drilling LLC, a subsidiary of Predator Drilling Inc. of Red Deer, Alberta, has acquired all assets of J. B. Hunt Gas and Oil Drilling of Midland, Texas in an all […]

GATE Energy has been selected as the provider for facility commissioning of the Leviathan Project Platform for Noble Energy Mediterranean Ltd. The associated scope includes topside commissioning planning, onshore commissioning execution and offshore commissioning services of the Production Platform for the Leviathan Field Development Project. Leviathan is a natural gas mega project offshore Israel with […]

Government data indicates American output hit an all-time high last week, signaling the resilience of North American drilling as oil prices begin another recovery. The U.S. produced 9.62 million barrels of oil per day through November 3rd, the Energy Information Administration (EIA) said today, overtaking the previous high that occurred back in June 2015. The agency’s Petroleum […]

American Business Conferences’ flagship Permian Production Optimization Congress returns to Houston on January 23, 24 & 25, rebranded as the New Artificial Lift Designs & Production Optimization Technologies Permian Basin Congress 2018, packed with E&P case studies and dollar-driven solutions to… ‘Maximize Production Out Of Existing Assets’ ‘Reduce Lifting Costs & Downtime’ ‘Reduce Well Failure Frequency’ The January 2018 […]

ADIPEC Creates Opportunities to Make New Connections, Drive Business Growth  UAE Capital is at Crossroads of Global Energy Industry    Abu Dhabi, UAE –  This year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) will give oil and gas professionals an unrivalled platform to meet potential new business partners from around the world, organisers said […]

Dr. Shahram Farhadi will lead cognitive AI leader’s efforts in the energy sector. GLENDALE, Calif., Oct. 16, 2017 /PRNewswire/ — Beyond Limits, an artificial intelligence (AI) and cognitive computing company, today announced it has appointed Dr. Shahram Farhadi as the Head of Oil and Gas Technologies. Shahram will lead Beyond Limits as the company continues to develop next […]

HOUSTON – PESA, the national trade association for the oilfield service, supply and manufacturing sector, offers an introduction to the industry with the highly-acclaimed Oil & Gas 101 seminar October 11-12 at Baker Hughes, a GE company.   As the service and supply sector has become more technologically advanced and specialized, a thorough and broad […]

Like all of you, our team at Tradequip International watched with dismay as Hurricane Harvey wreaked havoc in your hometowns. The storm’s devastation in such a vast area has struck at the heart of the oil and gas industry. Now, and for years to come, it has drastically affected many of you who are our […]

On behalf of our Board of Directors, Members and Staff:PESA is proud to be based in Houston, and we know many of our members and their families have been impacted directly by the path of Hurricane Harvey. Our thoughts and prayers continue to be with all who have experienced tremendous losses and for strength in […]

Hurricane Harvey Aid As the news continues to show the dramatic and widespread damage and flooding in Houston and along the Texas Gulf Coast, our hearts go out to the thousands of SPE members who may have been affected. SPE has made a contribution of USD 50,000 to the American Red Cross for Harvey disaster […]

The YouCaring team is working with JJ Watt and the Houston Texans to support the victims of Hurricane Harvey. JJ has personally contributed $100,000 to the cause, JJ Watt’s Houston Flood Relief Fund. The campaign quickly surpassed its initial $200,000 goal and is now halfway to its $1,000,000 goal, as of this writing. It appears to […]