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The US-based drilling contractor and well completions company will combine to form the second-biggest service company in North America.
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A concurrent deal to sell off some of the acquired assets to Northern Oil and Gas will effectively lower the acquisition cost to $1 billion.
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A Kimmeridge Energy executive said at the Unconventional Resources Technology Conference that he wants to "make unconventional resources investable in a low-carbon world."
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A slate of new pipeline projects are expected to help relieve the oil-rich region's associated gas bottleneck.
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The first long-haul overland conveyor system to deliver proppant is under construction in the Permian Basin.
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Driving change to encourage a new way of thinking about enterprise-level risk and potential hazards.
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The Swiss-based company Hydromea announced advances in underwater optical modem technology and development of an underwater monitoring system capable of daily data sweeps remotely.
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Cash from the Japanese transport specialists will be used to bring Deflin FLNG vessels to FID.
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In an industry where methane leaks and carbon dioxide storage are increasingly important concerns, finding new ways to seal leaks is a valuable skill.
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The seismic and well data investigation tool integrates work flows to provide a consistent analysis of reservoirs.
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Despite energy companies' enthusiasm for implementing digital technologies in drilling analysis, many predictions still include a high level of uncertainty.
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The startup known for helping introduce Bitcoin mining to the upstream industry is now also offering cloud computing using associated gas.
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