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Latest Oil well Stories

2014-07-30 08:25:11

TSXV Trading Symbol: MVN OTC Trading Symbol: MDLNF CALGARY, July 30, 2014 /PRNewswire/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF), is pleased to announce that it has approved a CDN$ 36 million budget for the remainder of 2014 and to provide an overview of the Company's operational priorities through the 2015 calendar year. Key Focus Areas and Company Priorities: Madalena is positioned within the Argentine energy sector with a solid...

2014-07-30 08:24:20

Cash flow up 37% on higher volumes and prices -- Combined oil sands production at Foster Creek and Christina Lake averaged almost 125,000 barrels per day (bbls/d) net in the second quarter, up 33% from a year earlier. -- Production at Christina Lake averaged nearly 68,000 bbls/d net in the second quarter, an increase of 77% when compared with the same period a year earlier as phase E reached its design...

2014-07-29 20:21:40

Maintains 2014 production guidance of 101,000 - 106,000 boe per day CALGARY, July 29, 2014 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX: PWT) (NYSE: PWE) ("Penn West", "we", "our", "us" or the "Company") today reported second quarter 2014 average production of 108,130 barrels of oil equivalent ("boe") per day (64 percent oil and liquids) and maintained 2014 production guidance of 101,000 - 106,000 boe per day. Penn West also reported other key operating results for the second...

2014-07-29 08:26:12

WELLESLEY, Massachusetts, July 29, 2014 /PRNewswire/ -- BCC Research [http://www.bccresearch.com ] (www.bccresearch.com [E:\BCC Research\Company General Info\www.bccresearch.com ]) reveals in its new report, OILFIELD PROCESS CHEMICALS: GLOBAL MARKETS [http://www.bccresearch.com/market-research/chemicals/oilfield-process-chemicals-chm039c.html ] , the global market for oilfield process chemicals is expected to grow to nearly $9.7 billion by 2019, with a five-year compound...

2014-07-29 08:25:34

SALT LAKE CITY, July 29, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN), today announced that drilling is underway at the Karmin-1 well in the Company's Fences license in western Poland. The well is a planned test of a Rotliegend sandstone target at an estimated depth of 2,460 meters. The prospect is located on trend with the Zaniemysl-3 and Roszkow wells, two of the Company's highest producing discoveries. The Karmin-1 well is the first of three wells in the Fences area that...

2014-07-28 12:24:15

Strong Momentum for Advanced Modern Land Rigs Increases the Pace of Operational Demands on the Company WEST CHESTER, Pa., July 28, 2014 /PRNewswire/ -- Schramm, Inc., a world class manufacturer of mobile, land-based hydraulic drill rigs used extensively in the global energy industry, announced today that industry veteran Bobby Bryan has been appointed to the newly created position of Chief Operating Officer (COO) based in West Chester, PA. The position was created to manage the...

2014-07-26 23:01:05

The European Artificial lift market report defines and segments the artificial lift market in Europe with analysis and forecast of revenue. http://www.micromarketmonitor.com/market/europe-artificial-lift-services-9970946802.html (PRWEB) July 26, 2014 The European Artificial lift market report defines and segments the artificial lift market in Europe with analysis and forecast of revenue. The artificial lift market in Europe is estimated to grow from around $3.5 billion in 2013 to around...

2014-07-25 23:03:15

The North America Artificial lift market report defines and segments the artificial lift market in North America with analysis and forecast of revenue. http://www.micromarketmonitor.com/market/north-america-artificial-lift-services-3078565944.html (PRWEB) July 25, 2014 The North America Artificial lift market report defines and segments the artificial lift market in North America with analysis and forecast of revenue. The artificial lift market in North America is estimated to grow...

2014-07-24 08:24:53

HOUSTON, July 24, 2014 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today reported net income of $90 million, or $0.65 per share, for the second quarter of 2014, compared with net income of $185 million, or $1.33 per share, in the same period a year earlier. Revenues in the second quarter of 2014 were $692 million, compared with revenues of $758 million in the prior-year quarter. Net income for the quarter included $0.08 per share received from Niko Resources Ltd....

2014-07-23 23:23:23

An oil and gas sector company in Kilgore, Texas expands with help from Kilgore Economic Development Corporation's incentives, workforce and natural resources. Maverick Well Services plans to double in size over the next five years. Kilgore, TX (PRWEB) July 22, 2014 Incentives James Abell has been so busy maintaining oil wells over the last four years as president of Maverick Well Services that he failed to realize he had a partner willing to pump incentives back to him through the...


Word of the Day
toccata
  • In music, a work for a keyboard-instrument, like the pianoforte or organ, originally intended to utilize and display varieties of touch: but the term has been extended so as to include many irregular works, similar to the prelude, the fantasia, and the improvisation.
This word is Italian in origin, coming from the feminine past participle of 'toccare,' to touch.
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