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Latest Oil well Stories

2014-10-24 12:23:51

Continued Focus On Driving Production Growth LONDON, Oct. 24, 2014 /PRNewswire/ -- Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces an update on production and drilling at its 100% controlled and operated Smoky Hill and Jolly Ranch projects in the Denver-Julesburg Basin, Colorado. Highlights -- Average gross oil production from all wells in the calendar month of September 2014 was 1,804 barrels per day ("bbls/day") and is...

2014-10-23 08:26:34

HOUSTON, Oct. 23, 2014 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) announced today that it has published the October Fleet Status Report ("the Report"). The Report includes the Hercules Offshore Rig Fleet Status (as of October 23, 2014), which contains detailed contract information for each of the Company's drilling rigs. The Report also includes the Hercules Offshore Liftboat Fleet Status Report, which contains information by liftboat class for September 2014, including...

2014-10-23 08:26:13

Completions Confirm Strong Productivity in Recently Announced Discovery OKLAHOMA CITY, Oct. 23, 2014 /PRNewswire/ -- Continental Resources, Inc. ("Continental" or the "Company") (NYSE: CLR) today announced continued success in its recently unveiled Springer play in the South Central Oklahoma Oil Province (SCOOP). Logo - http://photos.prnewswire.com/prnh/20120327/DA76602LOGO "Four new wells further confirm the repeatability and growth potential of Continental's new discovery, the Springer play...

2014-10-23 08:25:39

Contracts Awarded to Two New Drillships HOUSTON, Oct. 23, 2014 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today reported third quarter 2014 net income of $53 million, or $0.38 per share, compared to net income of $95 million, or $0.68 per share, in the third quarter of 2013. Revenues in the third quarter of 2014 were $738 million, compared to revenues of $706 million in the third quarter of 2013. The Company today announced plans to retire and scrap six of its mid-water...

2014-10-23 08:25:07

Company generates nearly $1 billion in cash flow -- Production at Christina Lake averaged more than 68,000 barrels per day (bbls/d) net in the third quarter, an increase of 30% when compared with the same period a year earlier. -- Foster Creek production averaged almost 57,000 bbls/d net in the quarter, 15% higher than the same quarter in 2013. -- Cenovus achieved first production from its Foster Creek phase F expansion in September. --...

2014-10-22 20:21:06

LONDON, Oct. 22, 2014 /PRNewswire/ -- Drill pipe, is drilling rental equipment which has a great importance in global oilfield equipment rental market. It's a hollow thick walled pipe which allows drilling mud to be pumped down through the pipe. These pipes have various sizes and its length depends upon its application. Large quantities of drill pipe are used while drilling through various types of subs. Drill pipe are made of steel and aluminum according to the American petroleum...

2014-10-21 16:23:59

HAMILTON, Bermuda, Oct. 21, 2014 /PRNewswire/ -- Third-Quarter Highlights Include: -- EPS of $0.39, excluding net charges from strategic transactions -- Operating revenues increased 12% sequentially -- Secured 9 awards for additional rigs: 3 PACE®-X for U.S. and 6 for International -- Repurchased $250 million of common stock -- Repurchased $22 million face value of 6.15% 2018 notes Nabors Industries Ltd. (NYSE: NBR) today reported third-quarter 2014...

2014-10-21 16:23:18

SANTIAGO, Chile, Oct. 21, 2014 /PRNewswire/ -- GeoPark Limited ("GeoPark") (NYSE: GPRK), the Latin American oil and gas explorer, operator and consolidator with operations and producing properties in Chile, Colombia, Brazil, Argentina and Peru[1], announces today its 3Q2014 operational update. http://photos.prnewswire.com/prnvar/20130603/MX24008LOGO-b Oil and gas production increased 66% to a record 21,548 boepd, compared to 3Q2013 - led by strong and continuing growth from GeoPark's Llanos...

2014-10-20 20:23:32

CAMARILLO, CA, Oct. 20, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is providing an update on its Tishomingo Field, Caney shale oil operations in Oklahoma as well as its Polish shale gas project. Tishomingo Field, Oklahoma The Company's latest Caney shale oil well, the Hartgraves 1-5H well (100% interest) is flowing back after being completed with the Company's largest hydraulic stimulation to date. Over the last 5 days the well has been flowing at...

2014-10-20 16:23:14

- Three Permian Basin horizontal wells averaged 1,300 Boe per day on peak 24-hour IP tests DENVER, Oct. 20, 2014 /PRNewswire/ -- Resolute Energy Corporation ("Resolute", the "Company," "we," "us" or "our") (NYSE: REN) today updates certain operating data, provides horizontal well results and provides information for its scheduled conference call to discuss results for the quarter ended September 30, 2014. Our drilling during the third quarter and into the fourth quarter has...


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