Tag Archives: Oil and Gas Industry

Saudi Arabia Signs $50 Billion Worth Of Oil Deals With The U.S.

U.S. companies signed billions of dollars worth of deals with Saudi Arabia’s oil and gas industry during President Donald Trump’s visit to the Kingdom over the weekend, boosting bilateral business ties while the oil market continues to follow the shale-OPEC rivalry. The US$110 billion worth of U.S.-Saudi defense capability deals made up for much of […]

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Rig Count Overview & Summary Count

Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Hughes initiated the monthly international rig count in 1975. The North American rig count is released weekly at noon central time on the last day […]

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PESA Welcomes New Member Companies

Please join us in welcoming two new members to PESA: BJ Services and Industrial Tax Consulting. BJ Services is a hydraulic fracturing, pressure pumping and cementing business headquartered in Tomball, Texas, with operations strategically located throughout North America. BJ Services’ President and CEO is Warren Zemlak.   Industrial Tax Consulting is a premier leader in […]

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TEAM Oil Tools Adds To TOMCAT™ Product Line

HOUSTON, TX (January 25, 2017) – TEAM Oil Tools (TEAM), an industry leading designer, manufacturer and supplier of quality completion tools, has developed the TOMCAT™ Fully Composite Frac Plug, an addition to the TOMCAT™ Product Line.   The TOMCAT™ Fully Composite Frac Plug utilizes high strength composite components to provide a dependable, durable and cost-effective […]

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A December to Remember – The Biggest US Drilling Gain in Three Decades

A December to remember – the biggest US drilling gain in three decades U.S. land drillers sent 2016 packing with a bang. Since May, the drilling recovery has looked exceptionally strong on a percentage basis. The December trend looked exceptionally strong on an absolute basis, too, with 65 U.S. rigs returning to work. December 2016 […]

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OIL SURGES AS MORE PRODUCERS JOIN OUTPUT CUTS

OIL SURGES AS MORE PRODUCERS JOIN OUTPUT CUTS Crude jumps after producers outside OPEC agree to scale back Oil prices surged Monday after more oil-producing nations agreed to slash production, a move aimed at pushing the oversupplied oil market into balance, or even a deficit, to prop up a crude market that had been stuck […]

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PESA News – PESA Joins Gulf Energy Alliance

PESA Joins Gulf Energy Alliance PESA is proud to recently have joined the Gulf Energy Alliance. Led by independent producers in the Gulf – Fieldwood Energy, Talos Energy, Energy XXI, and Arena Energy – the Alliance is dedicated to supporting policies and regulations that encourage investment, innovation, and job creation in the offshore energy industry […]

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PESA News – Jeff Boettiger, Schlumberger, Addresses Soft Skills Development

PESA Advisory Board Member Jeff Boettiger, Schlumberger, Addresses Soft Skills Development On November 8, the PESA Emerging Leaders Committee hosted its bi-monthly leadership forum with PESA Advisory Board Member Jeff Boettiger, NAM Industry Affairs Manager at Schlumberger. Leadership forums allow member company high performers to interact with industry executives through open dialogue structured around a […]

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PESA News – High Performer Spotlight

High Performer Spotlight: Christina Karapataki, Early Stage Technology Investments, Schlumberger What influenced your decision to enter the oil and gas industry? My background is in Chemical Engineering and very early on in my studies I was fascinated by how reliable energy supply affects every aspect of the economy and our lives. Given the importance of […]

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PESA News – PESA Welcomes New Advisory Board Members

PESA Welcomes New Advisory Board Members The PESA Advisory Board Members contribute to the direction of PESA, promote PESA participation within their own companies and strengthen PESA’s membership ranks via their personal industry connections. The PESA Board of Directors nominated and approved three new Advisory Board Members: Kyle Chapman, President, Completions and Production, Weatherford International; […]

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PESA News – PESA President Keynotes OilComm Conference and Exposition

PESA President Keynotes OilComm Conference and Exposition “While the work of our sector doesn’t get all the press or flashy headlines, innovation is central to the oilfield. Even though our industry is facing challenging economics, this commitment to innovation does not stop. We’re proud of our legacy as innovators, and I’m honored to work in an […]

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PESA News – PESA Promotes Business Intelligence Through Its CID Annual Meeting

PESA Promotes Business Intelligence Through Its CID Annual Meeting Credit professionals from PESA member companies gathered at the 2016 PESA Credit Interchange Division Annual Meeting on September 21-23 for networking opportunities, training on how to best utilize the CID platform, and presentations from industry experts. With more than 40 member companies, PESA-CID creates a unique […]

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