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WolfePak Software’s Charlie Wolfe Steps Down as CEO #OilmanNEWS 2017 September-October People Texas 

WolfePak Software’s Charlie Wolfe Steps Down as CEO

WolfePak Software LLC, a leading provider of financial, accounting and regulatory compliance software to the oil and gas industry, announced that founder and CEO Charlie Wolfe is stepping down as the CEO of the company. Wolfe remains a significant shareholder and member of the WolfePak board of directors, and becomes a senior adviser to the company. “In his new role,... Read More
Texas is a Top Net Energy Supplier Among States Texas 

Texas is a Top Net Energy Supplier Among States

EIA recently released State Energy Data System estimates for net energy supply, which provide data on each state’s total primary energy production and consumption. Wyoming, Texas, Pennsylvania, West Virginia, and North Dakota ranked as the top five net suppliers of energy in 2015. Overall, 12 states produced more primary energy than they consumed, while 38 states and the District of Columbia were... Read More
Networking Site Oilpro Shutting Down Permanently #OilmanNEWS Texas 

Networking Site Oilpro Shutting Down Permanently

Houston-based Oilpro.com, an energy networking site, announced today that it will shut down permanently. The social networking site for oil and gas professionals will go offline at the end of business August 2. In an email sent to members, the site is allowing users to download any content they would like to save. “It is with great sadness that we announce... Read More
Weir Oil & Gas Completes Acquisition of KOP Surface Products Texas Upstream 

Weir Oil & Gas Completes Acquisition of KOP Surface Products

Weir Oil & Gas, a leading upstream provider of pressure pumping and pressure control equipment and services, today announced it has completed its acquisition of KOP Surface Products, a provider of advanced pressure control wellhead technologies, systems and services. The acquisition, announced in mid-June, reflects Weir’s commitment to global expansion, with a significant focus on Asia Pacific. The value of... Read More
ConocoPhillips Releases Financial Report for Second Quarter #OilmanNEWS 2017 September-October Texas Upstream 

ConocoPhillips Releases Financial Report for Second Quarter

ConocoPhillips—its latest financial report released on July 27—reported a significant step forward in the move to meet financial and operational goals. The Houston, Texas-based firm has, like many of its competitors, been attempting to improve its financial position during these past few years as the oil price has lingered around a relatively low position. As large oil and gas companies... Read More
Trendsetter Engineering Successfully Completes STIM Well Projects #OilmanNEWS 2017 September-October Innovation & Technology Texas 

Trendsetter Engineering Successfully Completes STIM Well Projects

Trendsetter Engineering has successfully completed live well operations with their new 15,000 psi subsea hydraulic intervention system (referred to as STIM). The STIM system, which had previously been utilized for subsea hydrate remediation work, has now completed seven subsea projects in the GOM since November 2016, in water depths ranging from 2,500 feet to 7,200 feet. The recent live well... Read More
Kinder Morgan Finds Backers for Pipeline Expansion #OilmanNEWS 2017 September-October Texas 

Kinder Morgan Finds Backers for Pipeline Expansion

Houston, Texas-based Kinder Morgan has secured financing for its $5.5 billion pipeline in Canada, reports the Houston Chronicle. The pipeline, which will transfer crude from the Canadian oil sands region to Vancouver, British Columbia, will be backed by four Canadian banks. The Toronto-Dominion Bank, The Royal Bank of Canada, The Canadian Imperial Bank of Commerce, and the Bank of Nova... Read More
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