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Latest Directional drilling Stories

2014-10-20 16:23:14

- Three Permian Basin horizontal wells averaged 1,300 Boe per day on peak 24-hour IP tests DENVER, Oct. 20, 2014 /PRNewswire/ -- Resolute Energy Corporation ("Resolute", the "Company," "we," "us" or "our") (NYSE: REN) today updates certain operating data, provides horizontal well results and provides information for its scheduled conference call to discuss results for the quarter ended September 30, 2014. Our drilling during the third quarter and into the fourth quarter has...

2014-10-15 08:23:06

CALGARY, Oct. 15, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to announce an operations update and an upward revision to its corporate guidance for 2014. The Company has experienced strong drilling results and operational performance, while it has also been successful in improving its balance sheet strength by monetizing certain non-core, gas weighted properties at accretive metrics. As a result of its strengthened financial position and...

2014-09-26 16:22:04

DALLAS, Sept. 26, 2014 /PRNewswire/ -- Reports recently released by the U.S. Energy Information Agency (EIA) held no surprises for the oil and gas industry. Shawn Bartholomae praised, as the supreme oil and gas producing state, Texas continues to amaze the industry with its dominating position. The EIA report confirmed that Texas has doubled its oil production in the last three years with increases for every consecutive month since early 2011. Shawn Bartholomae, CEO of Prodigy...

2014-09-24 12:23:41

SALT LAKE CITY, Sept. 24, 2014 /PRNewswire/ -- Tower Arch Capital, in partnership with Founder and CEO Robert Myers IV, announced today it has completed the recapitalization of Hard Rock Directional Drilling, LLC. Hard Rock is a San Antonio, TX based specialty-boring and services company primarily serving the energy industry. Hard Rock is the partner of choice for energy and pipeline companies looking for safe and on-time performance with the toughest horizontal directional bores in...

2014-09-17 16:23:05

LONDON, Sept. 17, 2014 /PRNewswire/ -- The onshore mature oil & gas reserves shifts the focus of operator companies towards deep water offshore areas. The increasing demand of energy has pushed the exploration and production activities in the deep and ultra-deep region thereby growing the demand for the offshore drilling services. The escalated demand of these services is backed off by the increasing demand of energy and soaring capital expenditures by the various oil and gas...

2014-09-11 23:08:18

Oilfield Equipment Rental Market report provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. (http://www.marketsandmarkets.com/Market-Reports/oilfield-equipment-rental-market-1083.html) (PRWEB) September 11, 2014 The market study on "Oilfield Equipment Rental Market by Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves...

2014-09-08 12:22:36

Includes new technologies, extended workflows and drilling engineering enhancements HOUSTON, Sept. 8, 2014 /PRNewswire/ -- Paradigm(®) (www.pdgm.com) today announced the release of Sysdrill(®) 10, the latest version of its integrated suite of well planning and drilling engineering applications. This major upgrade is integrated with Peloton's WellView(®)/Masterview(®) corporate database for drilling and well operations, and includes a new jar placement module based on technology...

2014-09-08 08:23:07

HOUSTON, Sept. 8, 2014 /PRNewswire/ -- Gastar Exploration Inc. ("Gastar") (NYSE MKT: GST) is pleased to provide an operational update on recent well results and activity in the Utica/Point Pleasant play in West Virginia and in the Hunton Limestone play in north-central Oklahoma. Well Results The Simms U-5H well in Marshall County, West Virginia, Gastar's first Utica/Point Pleasant well, produced at an initial 48-hour gross sales rate of 29.4 MMcf/d of natural gas on a 30/64ths choke...

2014-09-05 20:20:18

MIDLAND, Texas, Sept. 5, 2014 /PRNewswire/ -- Mexco Energy Corporation (NYSE MKT:MXC) ("Mexco" or "the Company") today announced production results of three new wells in the "B" bench of the Wolfcamp formation in Reagan County, Texas. These wells produced at an average rate respectively of 877,713 and 883 barrels of oil equivalent ("Boe") per day, during the first eleven days of production through September 1, 2014 by centrifugal downhole pumps which were not operated at full...

2014-09-02 08:22:55

NATCHEZ, Miss., Sept. 2, 2014 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced it has entered into definitive agreements with private entities to acquire certain undeveloped acreage and oil and gas producing properties located in Midland, Andrews, Martin and Ector Counties, Texas for an approximate aggregate price of $212.6 million in cash, subject to customary purchase price adjustments with an effective date of May 1, 2014. The Company has...


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