pressure pumping
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New automated technology is making it possible to run pressure pumps for days on end.
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The new pressure-pumping company says that its new natural-gas-powered fleet is the most powerful of its kind in the US market and reduces the footprint on well pads by 70% vs. the average diesel fleet.
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The combined company will have a strengthened position in the Permian Basin, and plans to operate 17 hydraulic fracturing fleets in the region.
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SponsoredAmong the industry’s shortest and most advanced dissolvable frac plugs, Stinger delivered big to this Howard County, TX operator with time and cost savings.
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New report offers guidelines for pressure pumpers of the future.
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The company said it will avoid the pumping business's “structurally disadvantaged position” and instead focus on well servicing and water logistics.
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Expected to close 31 October, the deal will create one of the largest pressure pumpers in the US.
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Hydraulic fracturing is now a little bit easier for US shale operators thanks to readily available horsepower and in-basin sand.
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Higher oil prices and higher-intensity completions are increasing the need for US onshore pressure pumping horsepower. Will still recovering pressure pumpers and equipment manufacturers be able to step up?
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AFGlobal acquired the Axon pressure pump technology and product line from Amkin Technologies, a privately held oilfield equipment and technology developer.
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