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2014-09-19 00:20:27

LONDON, September 19, 2014 /PRNewswire/ -- As HPHT wells become more prevalent throughout the global oil and gas industry, the need to master the methodology behind the most costly and technically demanding drilling and completions projects in the world grows also. Industry-leading operators and technology providers will be speaking at the 10th Annual HPHT Wells Summit, a two-day conference providing a 360 degree overview of the techniques used to implement and optimise...

2014-09-18 12:23:45

AUSTIN, Texas, Sept. 18, 2014 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/MKT: FPP) today provided an update on recent drilling activity. FieldPoint successfully recompleted its University Z1 well in Andrews County Texas. The well formerly produced from the Devonian formation but was perforated and acidized in the Wolfcamp zone and has begun to produce oil. The jet pump was re-installed, but a casing repair will be required before the well begins full production. The...

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...

2014-09-16 23:03:05

Transparency Market Research has published a new report titled "Latin America Drilling Fluids Waste Management Market: Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" to its report store. Albany, New York (PRWEB) September 16, 2014 Transparency Market Research has released a new market report titled “Drilling Fluids Waste Management Market: Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the...

2014-09-15 16:23:36

SALT LAKE CITY, Sept. 15, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) reported that the Lisewo-2 well has started production at an initial gross rate of over 3 million cubic feet of gas per day (Mmcf/d). The Company's 49% share of this new production represents a 12% increase over the Company's average daily rate of 12.9 Mmcf/d equivalent during the first half of 2014. The Lisewo-2 well was completed in December 2013 and started delivering gas to the Lisewo facility just...

2014-09-15 16:23:25

HOUSTON, Sept. 15, 2014 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that the drillship Energy Searcher under contract in Nigeria, has experienced technical problems with the control hoses to the unit's blowout preventer. The repairs are underway and are expected to be completed soon allowing operations to resume within two (2) weeks. The Company expects its consolidated financial results for the third quarter 2014 to be negatively impacted by a...

2014-09-12 12:21:59

DUBLIN, Sept. 12, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Latin America Drilling Fluids Market (By Product Segment - Water-based, Oil-based and Synthetic Drilling Fluids): Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" report to their offering. http://photos.prnewswire.com/prnvar/20130307/600769 Rising offshore drilling activities coupled with a paradigm shift towards the development of shale gas and deep-sea reserves is...

2014-09-12 08:22:52

HOUSTON, Sept. 12, 2014 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) President and Chief Executive Officer Randall D. Stilley spoke recently at the Pareto Securities Oil and Offshore Conference in Oslo, Norway. In prepared remarks, the accompanying slides for which are available on Paragon's website at www.paragonoffshore.com, Stilley commented on the strength of the business, steady market outlook for the standard specification jackup business, and Paragon's history...

2014-09-11 08:29:50

DALLAS, September 11, 2014 /PRNewswire/ -- The report "Offshore Drilling Market by Services (Contract Drilling, Directional Drilling, Logging While Drilling), Applications (Shallow Water, Deepwater, Ultra-deepwater ) and Geography - Global Trends & Forecasts to 2019", published by MarketsandMarkets, defines and segments the global Offshore Drilling Market with analysis and forecast of the global market share. The Offshore Drilling Market is estimated to grow from $80.8...

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...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.