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Serving the oilfield service sector with news, analysis and business opportunities.

PLS publishes news and analysis on the oilfield service sector through its OFS module. The gold banner report, published every 3 to 4 weeks, covers the active sector with news and analysis on drilling, completions, field operations and technology.

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  • Published every 3 weeks; 17+ issues per year
  • Covers drilling rigs, field services, completions, equipment, OFS performance, supply, costs
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News Date
Questfire given nod for meeting to approve takeover by Manitok
Questfire Energy has secured regulatory approval to hold a special meeting on Aug. 15 during which shareholders will be asked to approve the company’s previously announced $55.4 million acquisition...
Aug 08, 2017
People & Companies - August 7, 2017
Pacific Drilling CEO Christian Beckett has stepped down from his post and as a member of the board to pursue other opportunities. Paul Reese, the company’s current EVP and CFO, has been promoted to...
Aug 07, 2017
ALS sells oil & gas business at $471MM loss
Chicago-based Madison Industries, a privately held holding company of industrial firms, will pay $109 million for the oil and gas business of ALS, less than a fifth of what the Australian laboratory...
Aug 07, 2017
Deepocean acquires Africa-focused ROV operator Searov
Norwegian services provider DeepOcean acquired French company Searov, which owns and operates 10 remote-operated vehicles from bases in Congo and Gabon. Searov provides inspection, maintenance and...
Aug 07, 2017
Bristow Equipment Leasing can borrow up to $230 million
Bristow Equipment Leasing, a subsidiary of Houston-based Bristow Group, can borrow up to $230 million spread over 24 term loans. The company, which provides helicopter transport to offshore rigs on...
Aug 07, 2017
ION Geophysical at risk of being delisted
ION Geophysical will submit a plan within 45 days to prevent the seismic services company from being delisted by NYSE. The exchange gave ION written notice that the company has fallen below criteria...
Aug 07, 2017
Carbo reports all GOM supermajors have used its Kryptosphere
All supermajor E&Ps operating in the Gulf of Mexico have used Carbo Ceramics’ Kryptosphere HD proppant in deep high-stress wells. The Houstonbased company announced the milestone for its ceramic...
Aug 07, 2017
Trendsetter completes operations of subsea system
Trendsetter Engineering has completed live well operations with STIM, its new 15,000 psi subsea hydraulic intervention system. STIM has now completed seven subsea projects in the GOM since November...
Aug 07, 2017
Keppel to start delivering jackups to Borr next year
Keppel Offshore and Marine will deliver in 2018 two jackups to Borr Drilling, which took over the construction contracts of the two and three others when it bought Transocean’s jackup fleet this...
Aug 07, 2017
Subsea 7 gets $250MM in contract extensions off Brazil
Subsea 7 received contract extensions for three pipelay support vessels currently on long-term dayrate contracts offshore Brazil. These extensions have a combined value of $250 million. The firm...
Aug 07, 2017

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