It’s that time of year again. Budget season has started to wind down as we head into October. Frac crews are starting to get released as we cut from the year highs back in April of 482 active spreads to now around 395. Although around one-third of the total domestic...
Renegade Services News
Where is the intersection of technology advantages and value in the oilfield? A Golden Goose Egg Story
Clearly, technology has improved modern life throughout the cycles of the industrial revolution through what we think of technology today1. The line in the sand has seemingly blown away in the wind in terms of the crossover point of growth spending versus return on...
How Upgrading Completion Sites With Automated Frac Equipment Could Lead To A Profitable Industry Turnaround For Q4
It goes without saying that the oil and gas sector, as a whole, has underperformed financially in the last year. Since August 1st, the Oil Well Services and Equipment Industry segment is down roughly 13%1. E&P companies haven’t fared much better, and international...
ATCE 2019 – Calgary, Alberta CA #futureoffrac
Early season snow certainly didn’t put a damper on this year’s ATCE in Calgary! Whether you flew into the winter wonderland or drove, the sunshine eventually came out during three days of tech talks, exhibits, and Rocky Mountain scenery! We would like to thank...
A Week of Reflection – Long Term Sustainability as a Whole
“Whaddya Got?”(1) An iconic ice-breaker to any meeting run by the late T. Boone Pickens is a well-timed snapshot of those walking into the beginning of this chaotic week, unaware of the volatility and uncertainty in global oil and gas markets. In any case, the energy...
An Operators Perspective on Safety
Eliminating the Hazard With GunHandler - The Wireline Tool Wrangler If there has been one constant in the oilfield over the last century, it’s the backing of a strong and dedicated workforce. The labor component of oil and gas operations is equally important as is its...
World Oil ShaleTech™ Hydraulic Fracturing Forum: Summer 2019 – Q & A
On Thursday, August 22nd, 2019, Scott Van Vuuren, Executive Sales, Automated Frac Equipment, was the 3rd presenter on the World Oil ShaleTech™ webcast. Below are the Questions that were asked during the webcast. Skip to 38:20 for Scott's presentation. Q: Is...
SUMMARY – EVERCORE ISI Energy | Oilfield Services, Equipment & Drilling – July 2018
#futureoffrac Earlier this month, Evercore ISI, an investment banking market research group focused on oilfield services, equipment, and drilling, released a market exposé The Next Revolution in Frac. The report acknowledges the strong industry demand for U.S. shale...
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FracLock Press Release
Renegade Wireline Services announced today that is has introduced a product offering automation-ready technology to the completions hardware market in the oil & gas services sector called FracLock™.