News

Spring Newsletter 2017

The Spring Newsletter features ARM’s Geophysicists Expertise Reducing  Invasive Geotechnical Borings and Test Pits, which is Resulting in Significant Cost Savings for our Clients and more!  Click here to view full newsletter. ARM Group Inc.

New B.C. Water Sustainability Act changes regulation requirements for freshwater storage structures

The regulations for freshwater dams constructed in B.C. by the oil and gas industry changed in 2016 as a result of the B.C. government’s new Water Sustainability Act, which took effect at the end of February last year. In 2015, in advance of the new regulations taking effect, Progress Energy proactively worked with regulators and […] Progress Energy Canada Ltd. News

Plasticity by Dr Paul Paslay

Plastic response of materials is important in a wide range of problems in our industry, from the slip crushing of drill pipes and steam well casing cycling to sand production and casing compaction in depleted reservoirs. The Klever-Stewart tension burst limit in the ISO TR 10400 and API 5C3 are based on some of the principles of plasticity. The brittle burst equation and the Failure Assessment Diagram (FAD) in these

Centennial Resource Development Announces Commitments for Private Placement of Equity

DENVER, May 05, 2017 (GLOBE NEWSWIRE) — Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ:CDEV) today announced that it entered into an agreement to issue and sell 23.5 million shares of its Class A Common Stock to third-party investors in a private placement for gross proceeds of approximately $341 million. Centennial expects to use the net proceeds from the offering to fund its pending acquisition of certain undeveloped acreage