American Oil and Gas Reporter - August 2021 - 82

IndustryFocus: Companies, People and Products
Milestone Shares Report
On Sustainability Efforts
HOUSTON-Milestone Environmental
Services LLC, an independent provider
of energy waste sequestration, says its inaugural
sustainability report explains how
it helps energy companies shrink their
operations' greenhouse gas intensity.
" Since Milestone was founded in 2014,
we have innovated, engineered and built
advanced waste management solutions
that are simultaneously net negative for
carbon emissions and highly protective
of soil and groundwater, " says Milestone
President and Chief Executive Officer
Gabriel Rio. " This inaugural sustainability
report shares how Milestone's responsible
waste management technology and
processes help reduce greenhouse gas
emissions and safely reduce the carbon
impact of energy companies. "
The report says Milestone's operations
sequestered 279,000 metric tons of carbon
dioxide equivalent in 2020, a contribution
equal to removing 61,000 vehicles from the
road. By doing so, the report continues, the
company prevented 232,000 metric tons of
direct CO2e emissions that otherwise would
have occurred through land application.
In total, the company achieved a profound
GHG emissions profile of minus
226,212 metric tons of CO2e in 2020, including
direct, indirect and value chain
emissions, the report tallies. The company
had zero OSHA recordable safety incidents,
and zero incidents of noncompliance
associated with environmental impacts,
the report adds.
To read the sustainability report, visit
esg.milestone-es.com.
r
Reveal Enhances ORCHID To Simplify DAS Analysis
HOUSTON-Reveal Energy Services®
has released the latest version of its ORCHID
completions evaluation platform, which it
says supports interpretation and analysis
of distributed acoustic sensing (DAS) data
acquired from casing or dip-in fiber optics.
ORCHID 2021.2 now enables operators
to integrate DAS data with offset pressure,
microseismic, tracers, logs and geologic
information for a 360-degree interpretation
of the physics driving well, pad and unit
development performance, Reveal reports.
In addition to DAS support, ORCHID
2021.2 adds patent-pending functionality
to generate microseismic event density
volumes and interpret them from any orientation
in 3-D using independently rotatable
sampling regions of interest (SROI)
and interactive real-time color-map manipulation,
Reveal continues. The company
says this feature enables scientists and
engineers to place an SROI precisely
along a wellbore or principal stress direction,
interactively guided by the data.
" This latest release of ORCHID is a
milestone for Reveal Energy Services.
Operators have been using DAS data for
completion diagnostics for many years,
but the ability for in-house scientists and
engineers to quantify parent-child interactions,
perforation efficiency, and production
flowback with the data has been
limited by the lack of vendor-neutral,
third-party software platform, " says Reveal
CEO Sudhendu Kashikar. " The latest version
of ORCHID solves this problem. "
For more information, visit reveal-energy.com/orchid.
Patterson-UTI
Acquires Pioneer Energy Services
HOUSTON-PATTERSON-UTI Energy
Inc. says it has reached an agreement
to acquire Pioneer Energy Services Corp.
for approximately $295 million. Consideration
for this acquisition consists of
the issuance of as many as 26.3 million
shares of Patterson-UTI common stock
plus payment of $30 million of cash.
According to Patterson-UTI, the transaction:
·
Adds 16 super-spec drilling rigs to
Patterson-UTI's fleet of 150 super-spec
drilling rigs in the United States;
· Expands Patterson-UTI's geographic
footprint with the addition of eight padcapable
rigs in Colombia;
· Projects to be accretive to cash
flow and generate annual synergies of
Durabook says its Z14I
laptop combines a fully-rugged
design with
exceptional speed. By
using an 11th generation
Intel®
Core™
processor, the Z14I delivers
1.6x faster CPU
performance than the
previous model, Durabook
reports. The
company adds that
the latest NVMe PCIe
solid state drives enable
the laptop to
store up to 1 terabyte
and deliver read/write
speeds as fast as 2,500 megabytes a second. With its MIL-STD 810H certification, six-foot
drop resistance and Class 1, Division 2 classification, the Z14I can endure harsh
environments, the company assures. It says the Z141's other features include a sunlightreadable
display and a 16-hour battery life. For more information, visit www.durabook.com.
82 THE AMERICAN OIL & GAS REPORTER
r
more than $15 million;
· Complements Patterson-UTI's current
customer base and allows the company
to accelerate its super-spec rig count
growth into a market with improving demand;
and
· Enhances Patterson-UTI's focus on
reducing emissions, with additional rigs
capable of using natural gas as a primary
fuel source.
Patterson-UTI Chief Executive Officer
Andy Hendricks indicates his company
is proud to announce the acquisition. " Pioneer's
high-quality fleet of 17 drilling
rigs in the United States, of which 16 are
super-spec, will be a valuable addition to
our business, " he says. " Additionally,
many of these rigs are capable of substituting
cleaner-burning natural gas for
diesel, a technology that is becoming increasingly
important to operators for reduced
emissions.
" Following the closing of this transaction,
Patterson-UTI will own 166 super-spec
rigs in the United States, with
almost half these rigs equipped to utilize
alternative power sources for reduced
emissions, " Hendricks continues. " Furthermore,
this transaction expands our
geographic footprint into the international
markets with the addition of eight rigs in
Colombia, where Pioneer has worked for
14 years with an experienced operations
team and a well-established infrastructure. "
Patterson-UTI
and Pioneer say they
expect the transaction to close in the
fourth quarter of 2021.
❒
http://www.reveal-energy.com/orchid http://www.reveal-energy.com/orchid http://esg.milestone-es.com http://www.durabook.com

American Oil and Gas Reporter - August 2021

Table of Contents for the Digital Edition of American Oil and Gas Reporter - August 2021

Contents
American Oil and Gas Reporter - August 2021 - Intro
American Oil and Gas Reporter - August 2021 - Cover1
American Oil and Gas Reporter - August 2021 - Cover2
American Oil and Gas Reporter - August 2021 - Contents
American Oil and Gas Reporter - August 2021 - 4
American Oil and Gas Reporter - August 2021 - 5
American Oil and Gas Reporter - August 2021 - 6
American Oil and Gas Reporter - August 2021 - 7
American Oil and Gas Reporter - August 2021 - 8
American Oil and Gas Reporter - August 2021 - 9
American Oil and Gas Reporter - August 2021 - 10
American Oil and Gas Reporter - August 2021 - 11
American Oil and Gas Reporter - August 2021 - 12
American Oil and Gas Reporter - August 2021 - 13
American Oil and Gas Reporter - August 2021 - 14
American Oil and Gas Reporter - August 2021 - 15
American Oil and Gas Reporter - August 2021 - 16
American Oil and Gas Reporter - August 2021 - 17
American Oil and Gas Reporter - August 2021 - 18
American Oil and Gas Reporter - August 2021 - 19
American Oil and Gas Reporter - August 2021 - 20
American Oil and Gas Reporter - August 2021 - 21
American Oil and Gas Reporter - August 2021 - 22
American Oil and Gas Reporter - August 2021 - 23
American Oil and Gas Reporter - August 2021 - 24
American Oil and Gas Reporter - August 2021 - 25
American Oil and Gas Reporter - August 2021 - 26
American Oil and Gas Reporter - August 2021 - 27
American Oil and Gas Reporter - August 2021 - 28
American Oil and Gas Reporter - August 2021 - 29
American Oil and Gas Reporter - August 2021 - 30
American Oil and Gas Reporter - August 2021 - 31
American Oil and Gas Reporter - August 2021 - 32
American Oil and Gas Reporter - August 2021 - 33
American Oil and Gas Reporter - August 2021 - 34
American Oil and Gas Reporter - August 2021 - 35
American Oil and Gas Reporter - August 2021 - 36
American Oil and Gas Reporter - August 2021 - 37
American Oil and Gas Reporter - August 2021 - 38
American Oil and Gas Reporter - August 2021 - 39
American Oil and Gas Reporter - August 2021 - 40
American Oil and Gas Reporter - August 2021 - 41
American Oil and Gas Reporter - August 2021 - 42
American Oil and Gas Reporter - August 2021 - 43
American Oil and Gas Reporter - August 2021 - 44
American Oil and Gas Reporter - August 2021 - 45
American Oil and Gas Reporter - August 2021 - 46
American Oil and Gas Reporter - August 2021 - 47
American Oil and Gas Reporter - August 2021 - 48
American Oil and Gas Reporter - August 2021 - 49
American Oil and Gas Reporter - August 2021 - 50
American Oil and Gas Reporter - August 2021 - 51
American Oil and Gas Reporter - August 2021 - 52
American Oil and Gas Reporter - August 2021 - 53
American Oil and Gas Reporter - August 2021 - 54
American Oil and Gas Reporter - August 2021 - 55
American Oil and Gas Reporter - August 2021 - 56
American Oil and Gas Reporter - August 2021 - 57
American Oil and Gas Reporter - August 2021 - 58
American Oil and Gas Reporter - August 2021 - 59
American Oil and Gas Reporter - August 2021 - 60
American Oil and Gas Reporter - August 2021 - 61
American Oil and Gas Reporter - August 2021 - 62
American Oil and Gas Reporter - August 2021 - 63
American Oil and Gas Reporter - August 2021 - 64
American Oil and Gas Reporter - August 2021 - 65
American Oil and Gas Reporter - August 2021 - 66
American Oil and Gas Reporter - August 2021 - 67
American Oil and Gas Reporter - August 2021 - 68
American Oil and Gas Reporter - August 2021 - 69
American Oil and Gas Reporter - August 2021 - 70
American Oil and Gas Reporter - August 2021 - 71
American Oil and Gas Reporter - August 2021 - 72
American Oil and Gas Reporter - August 2021 - 73
American Oil and Gas Reporter - August 2021 - 74
American Oil and Gas Reporter - August 2021 - 75
American Oil and Gas Reporter - August 2021 - 76
American Oil and Gas Reporter - August 2021 - 77
American Oil and Gas Reporter - August 2021 - 78
American Oil and Gas Reporter - August 2021 - 79
American Oil and Gas Reporter - August 2021 - 80
American Oil and Gas Reporter - August 2021 - 81
American Oil and Gas Reporter - August 2021 - 82
American Oil and Gas Reporter - August 2021 - 83
American Oil and Gas Reporter - August 2021 - 84
American Oil and Gas Reporter - August 2021 - 85
American Oil and Gas Reporter - August 2021 - 86
American Oil and Gas Reporter - August 2021 - 87
American Oil and Gas Reporter - August 2021 - 88
American Oil and Gas Reporter - August 2021 - 89
American Oil and Gas Reporter - August 2021 - 90
American Oil and Gas Reporter - August 2021 - Cover3
American Oil and Gas Reporter - August 2021 - Cover4
https://www.nxtbook.com/nxtbooks/aogr/202404
https://www.nxtbook.com/nxtbooks/aogr/202403
https://www.nxtbook.com/nxtbooks/aogr/202402
https://www.nxtbook.com/nxtbooks/aogr/202401
https://www.nxtbook.com/nxtbooks/aogr/202312
https://www.nxtbook.com/nxtbooks/aogr/202311
https://www.nxtbook.com/nxtbooks/aogr/pbios_202310
https://www.nxtbook.com/nxtbooks/aogr/202309
https://www.nxtbook.com/nxtbooks/aogr/202308
https://www.nxtbook.com/nxtbooks/aogr/202307
https://www.nxtbook.com/nxtbooks/aogr/202306
https://www.nxtbook.com/nxtbooks/aogr/202305
https://www.nxtbook.com/nxtbooks/aogr/202304
https://www.nxtbook.com/nxtbooks/aogr/202303
https://www.nxtbook.com/nxtbooks/aogr/202302
https://www.nxtbook.com/nxtbooks/aogr/202301
https://www.nxtbook.com/nxtbooks/aogr/202212
https://www.nxtbook.com/nxtbooks/aogr/202211
https://www.nxtbook.com/nxtbooks/aogr/202210
https://www.nxtbook.com/nxtbooks/aogr/202209
https://www.nxtbook.com/nxtbooks/aogr/202208
https://www.nxtbook.com/nxtbooks/aogr/202207
https://www.nxtbook.com/nxtbooks/aogr/202206
https://www.nxtbook.com/nxtbooks/aogr/202205
https://www.nxtbook.com/nxtbooks/aogr/202204
https://www.nxtbook.com/nxtbooks/aogr/202203
https://www.nxtbook.com/nxtbooks/aogr/202202
https://www.nxtbook.com/nxtbooks/aogr/202201
https://www.nxtbook.com/nxtbooks/aogr/202112
https://www.nxtbook.com/nxtbooks/aogr/202111
https://www.nxtbook.com/nxtbooks/aogr/pbios_202110
https://www.nxtbook.com/nxtbooks/aogr/202109
https://www.nxtbook.com/nxtbooks/aogr/202108
https://www.nxtbook.com/nxtbooks/aogr/202107
https://www.nxtbook.com/nxtbooks/aogr/202106
https://www.nxtbook.com/nxtbooks/aogr/202105
https://www.nxtbook.com/nxtbooks/aogr/202104
https://www.nxtbook.com/nxtbooks/aogr/202103
https://www.nxtbook.com/nxtbooks/aogr/202102
https://www.nxtbook.com/nxtbooks/aogr/202101
https://www.nxtbook.com/nxtbooks/aogr/202012
https://www.nxtbook.com/nxtbooks/aogr/202011
https://www.nxtbook.com/nxtbooks/aogr/202010
https://www.nxtbook.com/nxtbooks/aogr/202009
https://www.nxtbook.com/nxtbooks/aogr/202008
https://www.nxtbook.com/nxtbooks/aogr/202007
https://www.nxtbook.com/nxtbooks/aogr/202006
https://www.nxtbook.com/nxtbooks/aogr/202005
https://www.nxtbook.com/nxtbooks/aogr/202004
https://www.nxtbook.com/nxtbooks/aogr/202003
https://www.nxtbook.com/nxtbooks/aogr/202002
https://www.nxtbook.com/nxtbooks/aogr/202001
https://www.nxtbook.com/nxtbooks/aogr/201912
https://www.nxtbook.com/nxtbooks/aogr/201911
https://www.nxtbook.com/nxtbooks/aogr/201910
https://www.nxtbook.com/nxtbooks/aogr/201909
https://www.nxtbook.com/nxtbooks/aogr/201908
https://www.nxtbook.com/nxtbooks/aogr/201907
https://www.nxtbook.com/nxtbooks/aogr/201906
https://www.nxtbook.com/nxtbooks/aogr/201905
https://www.nxtbook.com/nxtbooks/aogr/201904
https://www.nxtbook.com/nxtbooks/aogr/201903
https://www.nxtbook.com/nxtbooks/aogr/201902
https://www.nxtbook.com/nxtbooks/aogr/201901
https://www.nxtbook.com/nxtbooks/aogr/201812
https://www.nxtbook.com/nxtbooks/aogr/201811
https://www.nxtbook.com/nxtbooks/aogr/201810
https://www.nxtbook.com/nxtbooks/aogr/pbios_201810
https://www.nxtbook.com/nxtbooks/aogr/201809
https://www.nxtbook.com/nxtbooks/aogr/201808
https://www.nxtbook.com/nxtbooks/aogr/201807
https://www.nxtbook.com/nxtbooks/aogr/201806
https://www.nxtbook.com/nxtbooks/aogr/201805
https://www.nxtbook.com/nxtbooks/aogr/201804
https://www.nxtbook.com/nxtbooks/aogr/201803
https://www.nxtbook.com/nxtbooks/aogr/201802
https://www.nxtbook.com/nxtbooks/aogr/201801
https://www.nxtbook.com/nxtbooks/aogr/201712
https://www.nxtbook.com/nxtbooks/aogr/201711
https://www.nxtbook.com/nxtbooks/aogr/201710
https://www.nxtbook.com/nxtbooks/aogr/201709
https://www.nxtbook.com/nxtbooks/aogr/201708
https://www.nxtbook.com/nxtbooks/aogr/201707
https://www.nxtbook.com/nxtbooks/aogr/201706
https://www.nxtbook.com/nxtbooks/aogr/201705
https://www.nxtbook.com/nxtbooks/aogr/201704
https://www.nxtbook.com/nxtbooks/aogr/201703
https://www.nxtbook.com/nxtbooks/aogr/201702
https://www.nxtbook.com/nxtbooks/aogr/201701
https://www.nxtbook.com/nxtbooks/aogr/201612
https://www.nxtbook.com/nxtbooks/aogr/201611
https://www.nxtbook.com/nxtbooks/aogr/201610
https://www.nxtbook.com/nxtbooks/aogr/pbios2016_programguide
https://www.nxtbook.com/nxtbooks/aogr/201609
https://www.nxtbook.com/nxtbooks/aogr/201608
https://www.nxtbook.com/nxtbooks/aogr/201607
https://www.nxtbook.com/nxtbooks/aogr/201606
https://www.nxtbook.com/nxtbooks/aogr/201605
https://www.nxtbook.com/nxtbooks/aogr/201604
https://www.nxtbook.com/nxtbooks/aogr/201603
https://www.nxtbook.com/nxtbooks/aogr/201602
https://www.nxtbook.com/nxtbooks/aogr/201601
https://www.nxtbook.com/nxtbooks/aogr/201512
https://www.nxtbook.com/nxtbooks/aogr/201511
https://www.nxtbook.com/nxtbooks/aogr/201510
https://www.nxtbook.com/nxtbooks/aogr/201509
https://www.nxtbook.com/nxtbooks/aogr/201508
https://www.nxtbook.com/nxtbooks/aogr/201507
https://www.nxtbook.com/nxtbooks/aogr/201506
https://www.nxtbook.com/nxtbooks/aogr/201505
https://www.nxtbook.com/nxtbooks/aogr/201504
https://www.nxtbook.com/nxtbooks/aogr/201503
https://www.nxtbook.com/nxtbooks/aogr/201502
https://www.nxtbook.com/nxtbooks/aogr/201501
https://www.nxtbook.com/nxtbooks/aogr/201412
https://www.nxtbook.com/nxtbooks/aogr/201411
https://www.nxtbook.com/nxtbooks/aogr/201410
https://www.nxtbook.com/nxtbooks/aogr/201409
https://www.nxtbook.com/nxtbooks/aogr/pbios2014_programguide
https://www.nxtbook.com/nxtbooks/aogr/201408
https://www.nxtbook.com/nxtbooks/aogr/201407
https://www.nxtbook.com/nxtbooks/aogr/201406
https://www.nxtbook.com/nxtbooks/aogr/201405
https://www.nxtbook.com/nxtbooks/aogr/201404
https://www.nxtbook.com/nxtbooks/aogr/201403
https://www.nxtbook.com/nxtbooks/aogr/201402
https://www.nxtbook.com/nxtbooks/aogr/201401
https://www.nxtbook.com/nxtbooks/aogr/201312
https://www.nxtbook.com/nxtbooks/aogr/201311
https://www.nxtbook.com/nxtbooks/aogr/201310
https://www.nxtbook.com/nxtbooks/aogr/201309
https://www.nxtbook.com/nxtbooks/aogr/201308
https://www.nxtbook.com/nxtbooks/aogr/201307
https://www.nxtbook.com/nxtbooks/aogr/201306
https://www.nxtbook.com/nxtbooks/aogr/201305
https://www.nxtbook.com/nxtbooks/aogr/201304
https://www.nxtbook.com/nxtbooks/aogr/201303
https://www.nxtbook.com/nxtbooks/aogr/201302
https://www.nxtbook.com/nxtbooks/aogr/201301
https://www.nxtbook.com/nxtbooks/aogr/201212
https://www.nxtbook.com/nxtbooks/aogr/201211
https://www.nxtbook.com/nxtbooks/aogr/201210
https://www.nxtbook.com/nxtbooks/aogr/201209
https://www.nxtbook.com/nxtbooks/aogr/2012_pbios
https://www.nxtbook.com/nxtbooks/aogr/201208
https://www.nxtbook.com/nxtbooks/aogr/201207
https://www.nxtbook.com/nxtbooks/aogr/201206
https://www.nxtbook.com/nxtbooks/aogr/201205
https://www.nxtbook.com/nxtbooks/aogr/201204
https://www.nxtbook.com/nxtbooks/aogr/201203
https://www.nxtbook.com/nxtbooks/aogr/201202
https://www.nxtbook.com/nxtbooks/aogr/201201
https://www.nxtbook.com/nxtbooks/demo/aogr_clone
https://www.nxtbook.com/nxtbooks/aogr/201112
https://www.nxtbookmedia.com