Tag Archives: oilfield

Tiger Capital Group Provides Capital Infusion to Commander Oilfield Services

   Tiger Capital Group announced that it has provided Commander Oilfield Services, LLC (“Commander”) with a $5 million capital infusion that allows the company to add premium assets and expand its service lines to meet strong customer demand in the Permian Basin. Commander, which was formed by Scott Milliren, Kyle Greemon and Norwegian private equity firm Norse Partners, is using the funds […]

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Intelligent Drones Push the Boundaries of Oil & Gas Inspection

  Drones are not new to industry or the oil and gas sector. They have been used by companies that are offering full-service video, or to capture survey photographs for some time.  However, Renner Vaughn, director of oil and gas at commercial drone operator, Cape, believes that there is a major gap between what companies […]

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Permian 3.0 Shows U.S.’s Biggest Oil Field May Have More to Give

  Call it Permian, version 3.0. That’s how Tim Dove, who leads Pioneer Natural Resources Co., refers to new well designs his company says are now pumping 35 percent more oil than their predecessors. And Pioneer’s not alone: Rivals are also boasting of huge improvements resulting from new-look technology, indicating that the biggest U.S. oilfield […]

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80 Companies Join PESA Membership Luncheon Featuring Chris Fussell

Former Navy SEAL and New York Times bestselling author Chris Fussell gave a keynote address during PESA’s Membership Luncheon on October 30. Fussell, leadership consultant for McChrystal Group and author of “One Mission: How Leaders Build a Team of Teams,” spoke to the audience about how to make organizations flatter and more interconnected, taking his […]

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Mexico Deputy Secretary of Energy Meets with PESA Executives

Mexico Deputy Secretary of Energy for Hydrocarbons Aldo Flores-Quiroga met with PESA Executives on October 18 over a private lunch hosted by the PESA Mexico Task Force. The Secretary shared insights into Mexico’s developments, including the transformation of its oil and natural gas industry with 67 E&P companies now having a presence in the country. The […]

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GE, Baker Hughes Complete Merger

GE Oil & Gas and Baker Hughes completed their planned merger, which will create an entity that offers GE’s digital solutions and Baker Hughes domain expertise as oilfield services provider.                                                   […]

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PESA Committees Collaborate to Address Recovery Planning

The PESA Human Resources and Supply Chain Committees jointly hosted a Recovery Planning Seminar on May 23 at GE Oil & Gas. The seminar addressed recovery planning activities and the impact of current market instability. Leading industry executives shared strategies on positioning organizations to maintain lead times while controlling costs through human capital management. The […]

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Texas Oil and Gas Jobs on the Upswing

  Oil companies across Texas increased payrolls by nearly 12,000 jobs in the six months through April. Experts attribute the increase to the industry’s steady recovery along with the shale boom in the Permian basin of West Texas. The latest gain over the last six months pushed the total number of oil and gas jobs […]

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The DNA of Oil Wells: U.S. Shale Enlists Genetics to Boost Output

A small group of U.S. oil producers has been trying to exploit advances in DNA science to wring more crude from shale rock, as the domestic energy industry keeps pushing relentlessly to cut costs and compete with the world’s top exporters. Shale producers have slashed production costs as much as 50 percent over two years, […]

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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 – Oil & Gas 101: Preparing Future Energy Leaders for a New Global Market

Oil & Gas 101: Preparing Future Energy Leaders for a New Global Market PESA’s Emerging Leaders Committee held one of their signature events, Oil & Gas 101, in September sponsored by GE Oil & Gas. Oil & Gas 101 is a shared-knowledge platform where industry experts provide a comprehensive technical overview of the oil and […]

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PESA News – PESA takes the Lead to Launch The WISE Program Powered by PinkPetro

PESA takes the Lead to Launch The WISE Program (Women Investing in Self and Energy) Powered by PinkPetro PESA’s Engagement Committee promotes diversity within PESA culture and in the industry. As part of this effort, the committee collaborates on strategic partnerships to strengthen our impact. PESA is proud to be the founding association of WISE […]

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