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Latest Extraction of petroleum Stories

2013-04-26 23:19:26

A recently added market report by Transparency Market Research on “Enhanced Oil Recovery Market - Global Forecast, Share, Trends, Size, Growth, And Industry Analysis, 2012 - 2018” is now available for pre-order. To browse the report, visit http://www.transparencymarketresearch.com/enhanced-oil-recovery.html Albany, New York (PRWEB) April 26, 2013 Enhanced oil recovery (EOR) is a term for the techniques used for boosting oil recovery by injecting chemicals, gas, or steam to force...

2013-04-08 12:22:26

LAFAYETTE, La., April 8, 2013 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) announced today that it has contracted an ENSCO 8500 series dynamically positioned deep water drilling rig for Stone's Cardona oil development program at Mississippi Canyon 29. Drilling on the first Cardona well is expected to commence during the second half of 2013 followed by the drilling of the Cardona South well. Stone plans to tie back both wells to the 100% owned Pompano platform with production...

2013-04-03 12:22:37

- Ticker Symbol Changed from UYMG to PTOG on OTC Pink Sheets - EAST HANOVER, N.J., April 3, 2013 /PRNewswire/ -- PetroTech Oil and Gas, Inc., (OTC Pink: PTOG), an oil and gas property acquisition and services company announced that it has legally changed its name From Unity Management Group Inc. to PetroTech OIL & GAS, INC. and its stock ticker symbol has been changed to "PTOG". The company previously acquired Unity Management Group, Inc., (OTC Pink: "UYMG") through a reverse...

2013-01-30 23:03:17

SR2020 3DProVSP reservoir monitoring images the physical and chemical effects of EOR-CO2 injection on the reservoir--tracking the spread of CO2 inside and potentially outside the reservoir, as well as the redistribution of oil and gas over time. SR2020's high resolution methods and data accuracy can help accelerate and increase recovery, provide insight into well and injectant placement, and reduce the cost of infrastructure and improve financial performance. Bakersfield, California (PRWEB)...

2013-01-17 20:21:28

CALGARY, Jan. 17, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: MQL) is pleased to provide an update on recent operations across its two key oil projects at Michichi and Lloydminster. These projects provide Marquee with a strong foundation of high netback oil production and provide a basis for repeatable development potential for the next several years. Following Marquee's fourth quarter disposition of its gas weighted Willesden Green property, Marquee is...

2013-01-07 08:22:49

Average Quarterly Production 16,160 bopd CALGARY, Jan. 7, 2013 /PRNewswire/ - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) is pleased to announce the following fourth quarter operational update. PRODUCTION, SALES AND OIL PRICES Average production for the fourth quarter was 16,163 bopd, representing a 3.5% increase from 15,616 bopd in the third quarter. While late November and early December production volumes were impacted by heavy rains, production...

2012-11-30 08:22:08

REGINA, SK, Nov. 30, 2012 /PRNewswire/ - What was once believed impossible became a reality on November 16(th): micro sensor motes were successfully sent into a Canadian heavy oil reservoir through an injection well and retrieved via a production well. This exciting result is from a field trial conducted by the PI Innovation Centre - a joint venture of the Canadian Petroleum Technology Research Centre (PTRC) and its Dutch-based partner INCAS(3) - in collaboration with Canadian...

2012-11-20 08:23:14

HOUSTON, Nov. 20, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced promising drilling results in the Dunvegan oil reservoir in the Kaybob development area in Alberta, Canada. Kaybob is a prolific area located 310 miles (500 km) northwest of Calgary that contains 16 known productive horizons; the Dunvegan play is one of the primary targets. The most recent of four Kaybob Dunvegan development wells - the 1-35 - tested at a rate of 300 barrels of oil per day...

2012-11-08 12:24:07

HOUSTON, Nov. 8, 2012 /PRNewswire/ -- Aztec Oil & Gas, Inc. (Pink Sheets: AZGS) announced that Aztec gained control over operations of the Guthrie Ranch field in Brown County, Texas, effectively in early 2012. After that, there was a period of time needed to inventory, clean up the former operator's (Ziegler Peru Inc.) presence, and implement the typical standard operations in the field to which Aztec is accustomed. There also had to be electrical service and vendor transfers occur in...

2012-11-06 08:22:29

CALGARY, Nov. 6, 2012 /CNW/ - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to report that it has been advised by the operator of the Cuisinier Oil Field of initial production testing results from recently drilled  wells. The Cuisinier Oil Field is located within the boundaries of the Barta sub-Block of Authority to Prospect ("ATP") 752P in the Cooper/Eromanga Basins in the State of Queensland, Australia. Bengal has a 25% working interest in the Cuisinier Oil...