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Last updated on April 18, 2014 at 1:21 EDT

Latest Oil well Stories

2014-04-16 16:23:58

NEW RIG ADDITIONS DRIVE IMPROVED MARGINS LONDON, April 16, 2014 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today reported first quarter 2014 net income of $256 million, or $0.99 per diluted share, compared to $174 million, or $0.68 per diluted share, for the fourth quarter 2013. Results for the fourth quarter of 2013 included an after-tax charge of $36 million, or $0.14 per diluted share, relating to an asset impairment. Excluding the impairment charge, net income for the...

2014-04-15 12:24:02

HOUSTON, April 15, 2014 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") reported today that production from its Marshall County, West Virginia operations has resumed with no restrictions following the successful re-routing of natural gas volumes through the Williams operated midstream system and the return to service of the pipeline that transports condensate from the field to processing facilities. Gastar currently has 50 wells producing, with seven additional...

2014-04-14 12:22:55

HOUSTON, April 14, 2014 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced the completion of its Blades 33H-1 (66.7% WI) well in Tangipahoa Parish, Louisiana. The well has achieved a peak 24-hour average production rate to date of 1,270 barrels of oil equivalent ("BOE") per day, comprised of 1,250 barrels of oil and 115 Mcf of gas on a 14/64 inch choke from an approximate 5,000 foot lateral. The well landed in the Company's lower target, was drilled and...

2014-04-11 08:25:20

DUBLIN, Apr.11, 2014 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/dgnkhn/fracking ) has announced the addition of the "Fracking Chemicals and Fluid Market by Fluid & Well Type, and by Chemicals - Global Trends & Forecasts to 2018" report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769) Fracking (hydraulic fracturing) is the propagation of fractures through layers of rock using pressurized fracturing fluid . This...

2014-04-11 08:21:13

- Well count increases 4% compared to the first quarter 2013 HOUSTON, April 11, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the U.S. onshore well count for the first quarter 2014 was 8,853 wells, down 230 wells or 3% compared to the fourth quarter 2013. Compared to the first quarter 2013, the well count was up 319 wells or 4%. Due to improved drilling efficiencies, the average US onshore drilling rig now produces 3% more wells compared to the same...

2014-04-10 16:22:04

LONDON, April 10, 2014 /PRNewswire/ -- Noble Corporation (NYSE:NE) today announced that its report of drilling rig status and contract information has been updated as of April 10, 2014. The report, titled "Fleet Status Report," can be found on the Company's Web site www.noblecorp.com, under the "Investor Relations" section of the Web site. About Noble Corporation Noble is a leading offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries,...

2014-04-10 16:21:48

Updates progress on first Utica well HOUSTON, April 10, 2014 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") reported today that production from its Marshall County, West Virginia operations resumed Wednesday night at reduced rates following a 4-1/2 day shut-in that resulted from the rupture Saturday morning of a natural gas pipeline operated by Williams Partners. Gastar is currently producing at a gross rate of approximately 50 million cubic feet per day of...

2014-04-10 12:29:57

DUBLIN, Apr. 10, 2014 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/xsbjkr/drilling_fluids ) has announced the addition of the "Drilling Fluids (Drilling Mud) Market & Completion Fluids Market by Types, Application Areas & Geography - Forecast to 2018" report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769) Drilling fluids and completion fluids are critical for any drilling and exploration activity carried onshore or...

2014-04-09 12:22:54

HOUSTON, April 9, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its 2014 First Quarter financial results on Thursday, May 8. The Company expects to issue its earnings report that morning and will follow with a conference call at 10:00 a.m. Central time (11:00 a.m. Eastern time) to review the details of the report. Those interested in listening to the call by telephone may do so by dialing (480) 629-9645. Alternatively, the call can be...

2014-04-08 23:30:13

GN Solids America latest generation vertical cuttings dryer already tested successfully for drilling waste management. GN could also provide Decanter Centrifuge, Linear Motion Cuttings Drying Shaker, Screw Pump and Auger Conveyor for the oil gas drilling cuttings management. Houston,Texas (PRWEB) April 08, 2014 As a leading drilling waste management and solids control company, GN Solids America developed the first generation vertical cuttings dryer in 2011. After three years testing and...