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2014-02-13 08:24:08

HOUSTON, Feb. 13, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from eni Muara Bakau BV to supply subsea systems for its deepwater Jangkrik Complex development offshore Indonesia. The order has an estimated value of $720 million in revenue if the full scope of the award is called off. FMC Technologies' scope of supply includes subsea trees, manifolds, jumpers and connection systems, umbilicals, tooling and associated topside and...

2014-02-12 23:02:54

Profound analysis and forecast on the bentonite market at different geographical scales can be found in the in-demand research study “Bentonite: 2014 Market Review and Forecast” designed by Merchant Research & Consulting and recently published by Market Publishers Ltd. According to the report, the world bentonite supply is likely to reach 15.5 million tonnes by 2016. London, UK (PRWEB) February 12, 2014 Since 2010, the world bentonite market has been on a recovery trend, mainly...

2014-02-10 12:21:58

HOUSTON, Feb. 10, 2014 /PRNewswire/ -- Liberty Energy Corp. (OTCQB: LBYE) ("Liberty" or "the Company") an independent oil and gas company targeting onshore Texas oil conventional plays with a current focus on the Fort Worth Basin, today announces that the Company has executed terms with a drilling service company based in Abilene, Texas to joint venture with its shallow drilling program in Baylor and Archer Counties. The terms outlined called for participation in the forthcoming...

2014-02-10 08:29:59

AUSTIN, Texas, Feb. 10, 2014 /PRNewswire/ --- FieldPoint Petroleum Corporation (NYSE/MKT:FPP) today announced the successful completion of the Ranger Unit 8A #1H in Lee County, Texas. This is the first well in the Ranger Project with FieldPoint's partner, Riley Exploration Group, LLC (Riley) of Blanchard, OK. FieldPoint President, Phillip Roberson, stated, "With less than 20% of the frac load recovered, we are very pleased with the well's current performance of over 160 barrels of...

2014-02-05 20:21:39

RIO DE JANEIRO, Feb. 5, 2014 /PRNewswire/ -- QGEP Participacoes S.A. (BMF&Bovespa: QGEP3, "Company") today announced the conclusion of the drilling and testing of the first horizontal well (7-ATL-2HP-RJS) of the Early Production System (EPS) of the Atlanta Field. Located in Block BS-4, Atlanta is a post-salt oil field 185 km off the coast of the city of Rio de Janeiro in the Santos Basin in water depth of approximately 1,500 meters. The well was drilled to a horizontal section...

2014-02-05 12:22:34

Solution helps companies comply with new SEC rule CHICAGO, Feb. 5, 2014 /PRNewswire/ -- The Securities and Exchange Commission's (SEC) new conflict minerals rule requires thousands of companies to perform due diligence to determine whether their products contain tin, tantalum, tungsten, or gold, determine the country of origin for those minerals and report their findings to customers and the SEC. To assist with this complex process, Crowe Horwath LLP, one of the largest public accounting and...

2014-02-04 23:20:59

Editor’s Note: Cesar Gongora is a worldwide authority on real time operations, drilling automation and remote technologies in the oil and gas industry. Houston, Texas (PRWEB) February 04, 2014 Genesis RTS™ welcomes Cesar Gongora as its Global Director of Real Time Operations, responsible for delivering state-of-the-art real time solutions for remote command and control and remote operations such as geo steering, directional drilling, M.W.D. and workflow integration between drilling,...

2014-01-22 08:23:51

WASHINGTON, Jan. 22, 2014 /PRNewswire/ -- Seven of the world's largest industry associations collaborate with Source Intelligence and Schulte Roth & Zabel LLP to launch the first cross-industry training and resource center, addressing SEC's Conflict Minerals compliance regulation. Source Intelligence has developed the Conflict Minerals Resource Center (CMRC) to support over 15,000 member companies who collectively generate over $3 trillion (USD) in GDP and hundreds of thousands of...

2014-01-20 08:20:38

REUTLINGEN, Germany, January 20, 2014 /PRNewswire/ -- iPoint-systems is market leader in the field of Conflict Minerals reporting software / Customers from 68 countries The software specialist iPoint-systems has reached a milestone: On 20th January, the 11,000th company registered as a user of the iPoint Conflict Minerals Platform (iPCMP). "This means iPoint has finally secured its position as the market leader for software in the field of Conflict Minerals reporting,"...

2014-01-16 08:22:42

BEDFORD, Texas, January 16, 2014 /PRNewswire/ -- PetroTech Oil and Gas Inc. (OTC: PTOG) (the "Company" or Petrotech") today announced that they have hired and paid the contractors to begin drilling the first new well on their Nowata lease in Oklahoma. They expect to have the equipment on the property by Friday or Monday at the latest, and will be drilling to 750' to the Bartlesville, with the average surrounding initial production rate of 20 to 39.5 barrels of oil per day....


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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