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POSITIVE NEWS ONLY: With all the NEGATIVE our industry faces, we created this platform to ONLY SHARE POSITIVE NEWS and EVENTS

POSITIVE NEWS ONLY: With all the NEGATIVE our industry faces, we created this platform to ONLY SHARE POSITIVE NEWS and EVENTS

by Efrain Garcia | Jul 8, 2023 | Upstream News

POSITIVE NEWS ONLY: With all the NEGATIVE our industry faces, we created this platform to ONLY SHARE POSITIVE NEWS and EVENTS that bring good people together CONTROL THE NARRATIVE and Expand Our Networks. Comment Below if you Support Our Mission...
July 5th BREAKING:$370 Million Deal: Patterson-UTI Energy Announces Agreement to Acquire Global Drill Bit Company, Ulterra

July 5th BREAKING:$370 Million Deal: Patterson-UTI Energy Announces Agreement to Acquire Global Drill Bit Company, Ulterra

by Efrain Garcia | Jul 5, 2023 | Upstream News

“Ulterra is a Leading Provider of Highly Engineered Polycrystalline Diamond Compact (“PDC”) Drill Bits in North America with a Growing International Presence Consideration Comprised of $370 Million of Cash and 34.9 Million Shares of Patterson-UTI...
BREAKING: Woodside Approves Investment in Trion Development $7.2 billion total capital expenditure

BREAKING: Woodside Approves Investment in Trion Development $7.2 billion total capital expenditure

by Efrain Garcia | Jun 21, 2023 | Upstream News

“We have competitively tendered major scopes of the development resulting in approximately 70% of total capital expenditure forecast as lump sum or fixed rate. The tendering process and direct engagement with contractors have confirmed both capability and...
BREAKING: $4.7 Billion Deal – Civitas Resources to Enter Permian Basin through Transformative Transactions

BREAKING: $4.7 Billion Deal – Civitas Resources to Enter Permian Basin through Transformative Transactions

by Efrain Garcia | Jun 20, 2023 | Upstream News

Civitas Resources to Enter Permian Basin through Transformative Transactions Highly accretive acquisitions to balance portfolio, create immediate scale, and enhance capital allocation flexibility DENVER–(BUSINESS WIRE)– Civitas Resources (NYSE: CIVI)...
BREAKING June 15 -Patterson-UTI Energy and NexTier Oilfield Solutions to Combine in Merger of Equals, Creating Industry Leading Drilling and Completions Services Provider

BREAKING June 15 -Patterson-UTI Energy and NexTier Oilfield Solutions to Combine in Merger of Equals, Creating Industry Leading Drilling and Completions Services Provider

by Efrain Garcia | Jun 15, 2023 | Upstream News

“Comprehensive U.S. Oilfield Services Franchise to Enhance Drilling and Completions Value Creation Potential and Maximize Returns for Shareholders Combined $5.4 Billion Total Enterprise Value Drives Improved Free Cash Flow Generation and Strong Balance Sheet to...
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