Liberty Oilfield Services
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The authors of this paper describe a project in which far-field diverters were pumped to mitigate wellbore sanding and production loss in existing parent wells. -
The all-stock deal doubled Liberty’s working pressure-pumping capacity without adding any debt to its balance sheet, while Schlumberger retains a 37% equity interest.
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Schlumberger is getting rid of its struggling OneStim business unit 2 years after an acquisition that doubled its size. It will get 37% of the shares of Liberty Oilfield Services, which said it will be the second-largest player in that sector.
