Latest Completion Stories

Current Production is in Excess of 6,000 BOE/d HOUSTON, April 23, 2013 /PRNewswire/ -- Sanchez Energy Corporation (NYSE: SN), a fast growing independent oil and gas company targeting the liquids-rich Eagle Ford Shale, Pearsall Shale, Austin Chalk, and Buda Limestone, today provided an operations update on the Company's activities. Summary Highlights Estimated first quarter 2013 production of 355 MBOE, an increase of 106% over the previous quarter and an increase of 320% as...

HOUSTON, Feb. 21, 2013 /PRNewswire/ -- PacWest Consulting Partners has just published the 12Q4 release of its PumpingIQ report, which monitors the global hydraulic fracturing market. PacWest analysis concludes that the gap between aggregate US hydraulic fracturing supply and demand peaked in the fourth quarter of 2012. PacWest estimates that US hydraulic fracturing capacity utilization in the fourth quarter of 2012 averaged 75%, resulting in an average capacity utilization of 83%...

HOUSTON, Jan. 31, 2013 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today reported net income of $19.8 million, or $0.86 per share, on revenues of $153.6 million for the quarter ended December 31, 2012. (Logo: http://photos.prnewswire.com/prnh/20120503/MM00528LOGO) President and CEO Gary Kolstad commented, "We are pleased to report record revenue in 2012. Despite a difficult industry environment, we also achieved total proppant sales volume of over 1.71 billion...

HOUSTON, Jan. 24, 2013 /PRNewswire/ -- ESG Solutions, an industry leader in microseismic technology and services, is pleased to announce the successful installation of a permanent microseismic acquisition system near Bakersfield, California. The system, consisting of multiple, time-synchronized downhole geophone arrays and surface acquisition units, will be used to monitor hydraulic fracturing and waterflood operations in a diatomite formation. (Logo:...

HOUSTON, Nov. 5, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) and CGGVeritas (NYSE: CGV, Euronext) announced today a collaborative relationship to improve shale reservoir exploration. Using reservoir models that integrate log-derived, near-wellbore geomechanical and petrophysical properties from Baker Hughes with calibrated seismic data from CGGVeritas, operators can optimize well placement and completion design earlier in the asset lifecycle for more efficient well...

DENVER, Oct. 1, 2012 /PRNewswire/ -- Grid Petroleum Corp. (OTCBB: GRPR): The Board of Directors is pleased to announce that Grid Petroleum has received a preliminary report of the initial flow testing of the Bardo Sand, the deepest potential pay zone of the Garcia #3 well. Bardo Sand (3' Potential Gas Pay; 13' Potential Oil Pay): The top of this sand was encountered at 3520' drill depth in the "Garcia" #3 well where it is present in the form of 2 lobes. The top lobe is 10' thick...

EUSTACE, Texas, Sept. 10, 2012 /PRNewswire/ -- It is with great pleasure that the management of Paradigm Oil and Gas, Inc. (OTC: PDGO) plans to launch the Centurion One Platform for exaction of oil from shallow formations. We expect to begin having the Centurion One operational within the next two weeks. Paradigm Management will be redesigning and rebuilding its mobile platform technology and deploying it as the Centurion One. "I believe we could begin making revenue for this product...

SHORT HILLS, N.J., Aug. 15, 2012 /PRNewswire/ -- Energy Capital Partners ("ECP" or "Energy Capital") today announced the completion of a recapitalization of Chieftain Sand and Proppant, LLC ("Chieftain Sand") on July 25, 2012. This is the first investment from Energy Capital's Mezzanine Opportunities Fund. Chieftain Sand is a growing producer of frac sand that meets strict technical specifications for use in the oil and gas industry. Frac sand is required to permanently prop open...

CANTON, Ohio, Aug. 7, 2012 /PRNewswire/ -- J-W Wireline Company is pleased to announce that it has opened a facility centrally located in the Utica Shale. The 7,500 square foot building sits on a 10 acre tract and will house our state of the art Wireline trucks capable of deep high-pressure perforating, multiple-zone completions, comprehensive cased-hole logging, pipe recovery and slickline. "We've been servicing this area for years but I'm excited to open an office here and know...

HOUSTON, March 13, 2012 /PRNewswire/ -- Baker Hughes Incorporated (BHI--NYSE) announced that its subsidiary has chartered a new state-of-the-art pressure pumping vessel that will provide offshore stimulation services to Maersk Oil in the North Sea. Upon completion, scheduled for late 2013, the Blue Orca(TM) will become the eighth vessel in the Baker Hughes fleet. "We are pleased to be working with Maersk Oil as we expand our current fleet into the North Sea," said Art Soucy,...