News/Media

The FortisReport

Surprise Profitability Of Shale Oil Is The Greatest Threat To Higher Oil Prices

Despite OPEC extending production cuts oil has fallen to under $50 per barrel. The U.S. shale oil industry has shown itself to be surprisingly resilient to weaker oil prices.

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Fracking Saves Americans $180 Billion Annually On Gasoline

By 2016, the average price of Brent crude had fallen to $43.55, and net imports had fallen to 4.9 million BPD. In 2016 the U.S. paid out $78 billion for oil and finished products -- a decline of $312 billion.

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Fortis To Continue Adding To Designed Solutions

Fortis has assembled the latest generation completion and workover packages in our areas of operations.

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JP Morgan Slashes Its 2018 Oil Price Forecast By $11

The U.S. shale-vs-OPEC-cuts tale has been the predominant theme in oil markets this year, and like the cartel’s output cut, it will be rolling over into next year as well.

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US shale oil output projected to rise by more than 100,000 barrels a day for a fourth straight month

Shale oil production in the United States is expected to jump again in July, marking the fourth straight month the Department of Energy has forecast monthly growth above 100,000 barrels a day.

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News/Media

Fortis Energy Services, Inc. Named World Oil Awards Finalist for Best Outreach Program for Fortis4Vets Initiative

World Oil announced today that Fortis Energy Services has been named a finalist in the World Oil Awards category of Best Outreach Program for its Fortis4Vets program.

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Fortis Energy Services Named to 2015 Inc. 5000 List of Fastest Growing Private U.S. Companies

Fortis Energy Services, Inc., a rapidly expanding national oil and gas service company providing well service throughout the Rocky Mountain and Northeast regions announced today that it has once again been recognized by Inc. Magazine as one of America’s fastest growing privately held companies.

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Nathan Conway, CEO of Fortis Energy Services, Discusses the Impact Lower Oil Prices Have on Michigan Jobs

In a recently released interview with Jay Greene, staff blogger for Crains Detroit, Nathan Conway discussed the economic realities and consequences lower oil prices have on employment in Michigan.

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CNN Interviews Fortis Energy Services CEO Nathan Conway

Nathan Conway, CEO of Fortis Energy Services tells CNN’s Richard Quest how his service company has been able to navigate the downturn in North Dakota oil prices by implementing efficient and lean practices.

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Fortis Energy Services to Exhibit at the 2015 DUG EAST Conference

Fortis Energy Services, an industry leader in oil and gas well services, will be exhibiting at this year’s DUG EAST Conference in Pittsburg, Pennsylvania. DUG EAST is the leading conference for producers and service companies in the both the Marcellus and Utica shale and will take place Wednesday, June 24th through Thursday, June 25th.

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Fortis Energy Services, Inc. Named “Oilfield Service Company of the Year”

Fortis Energy Services has been named Oilfield Service Company of the Year by the Oil & Gas Awards in recognition of their Health, Safety and Environmental Programs, Operational Excellence, Innovation, Corporate Social Responsibility.

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Fortis Energy Services CEO Nathan Conway Addresses Students at MSU Graduation Ceremony in Minot, North Dakota

Nathan Conway returned to his alma mater when he served as the keynote speaker and addressed the 2015 graduating class of Minot State University. The commencement ceremony was held in the MSU Dome at 10 am on May 15, 2015, and more than 775 undergraduate and graduate student.

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Fortis Energy Services Launches “FortiSafe Certified,” An Industry First Safety Program Covering Man and Machine

In a total commitment to safety, Fortis Energy Services announces the launch of “FortiSafe Certified” a behavioral based safety program that exceeds all federal, state and industry standards.

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Nathan Conway/CEO of Fortis Energy Services Recognized by the Employer Support for Reserve and Guard (ESGR)

In a total commitment to safety, Fortis Energy Services announces the launch of “FortiSafe Certified” a behavioral based safety program that exceeds all federal, state and industry standards.

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Fortis Energy Continues Growth with New Equipment and Services for the Rocky Mountain and Northeast Regions

Fortis Energy Services took delivery of their 15th workover rig in December and combined with new ancillary equipment, launched the Designed Solutions Initiative

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Fortis Energy Services Among Finalists from Seven Countries and Three Continents in Attendance at the 2014 the Platts Global Energy Awards

Fortis Energy Services executive team were among 500 attendees at the 2014 Platts Global Energy Awards Dinner held December 11 in New York.

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Archive

Fortis Energy Services Participates in America Saves Week

Fortis Energy Services took delivery of their 15th workover rig in December and combined with new ancillary equipment, launched the Designed Solutions Initiative