Reuters: “Can Liberty Oil Maverick’s Corporate Culture Survive the U.S. Shale Bust?”
October 29, 2020 at 06:05 pm EDT
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Reuters: 'Can Liberty Oil Maverick's Corporate Culture Survive the U.S. Shale Bust?'
October 29, 2020|News Stories
'Can Liberty Oil maverick's corporate culture survive the shale bust? Liberty and rival fracking firms have been hit hard. U.S. shale oil companies have cut budgets up to 30%, halting most new drilling and pushing several oilfield firms out of the business….Wright combines tech savvy and a wildcatter's passion for the oil business, said employees and executives familiar with the company. His downtown Denver headquarters echoes tech startups with industry get-togethers, ping pong tables and craft beer on tap, unlike the sprawling corporate campuses at larger rivals Schlumberger and Halliburton.'
← Denver Business Journal: 'Liberty Oilfield Beats Earnings Expectations as Fracking Business Shows Glimmers of Life'
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Liberty Oilfield Services Inc. published this content on 29 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2020 22:04:09 UTC
Liberty Energy Inc. is an integrated energy services and technology company. The Company is focused on providing hydraulic services and related technologies to onshore oil and natural gas exploration and production companies in North America. It offers customers hydraulic fracturing services, together with complementary services, including wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas delivery, data analytics, related goods (including its sand mine operations), and technologies. It primarily provides its services in the Permian Basin, the Williston Basin, the Eagle Ford Shale, the Haynesville Shale, the Appalachian Basin (Marcellus Shale and Utica Shale), the Western Canadian Sedimentary Basin, the Denver-Julesburg Basin, and the Anadarko Basin. The process of hydraulic fracturing involves pumping a pressurized stream of fracturing fluid (typically a mixture of water, chemicals and proppant) into a well casing or tubing.