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Latest oil wells Stories

2014-03-03 23:24:26

Artificial Lift market report segments the global market in the oil and gas industry, on the basis of product types, and geography. (http://www.marketsandmarkets.com/Market-Reports/artificial-lift-systems-market-879.html) (PRWEB) March 03, 2014 The report "Artificial Lift Systems Market: By Types (Rod Lift, ESP, PCP, Gas Lift) and Geography - Global Trends and Forecasts To 2018" defines and segments the global artificial lift market with analysis and forecasting of the global...

2014-02-20 08:31:03

LONDON, Feb. 20, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:World Well Stimulation Materials Market Unconventional resources development to fuel demandGlobal demand for well stimulation materials is expected to register doubledigit annual growth through 2017, boosted by high oil prices, efforts to maximize productivity of wells both old and new, and a shift in activity to shale formations and other unconventional production environments, where...

2014-02-18 08:24:05

LONDON, Feb. 18, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: World Subsea Hardware Market Forecast 2013-2017 Subsea Hardware spend forecast to double to $124 billion Douglas-Westwood forecast spend during 2013-2017 to double to $124 billion compared to the preceding five-year period. Deepwater activity is booming in the 'Golden Triangle'; Brazil, West Africa and the Gulf of Mexico, which is forecast to account for 44% of total subsea hardware...

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...

2014-02-10 12:21:43

LONDON, Feb. 10, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: Analysis of the North American Shale Services Market Streamlined Supply Chain and Advanced Contracting Strategies are Key to Sustainability With an increase in demand and the high price for oil and gas, unconventional resource exploitation is identified as a lucrative opportunity for producers, which drives the demand for servicing equipment. This study discusses the driving and...

2014-02-10 08:30:31

DUBAI, UAE, February 10, 2014 /PRNewswire/ -- Canadian Energy Equipment Manufacturing FZE ("CEEM"), a UAE oilfield specialist equipment manufacturer with facilities in Ras Al Khaimah and Dubai, has announced that UMW Oil & Gas Corporation Berhad ("UMW Oil & Gas") has purchased one of its Advanced Hydraulic Workover Units ("AHWU"). (Logo: http://photos.prnewswire.com/prnh/20140210/668200 ) The total order value is for USD2.8 million and...

2014-01-30 08:24:10

CALGARY, Jan. 30, 2014 /CNW/ - Packers Plus Energy Services Inc., the innovator of open hole multi-stage completions systems, has completed the acquisition of Texas-based companies Eagle Downhole Solutions, LLC (majority position) and CMC Machine Works, LLC. Dan Themig, President and CEO of Packers Plus said, "these strategic acquisitions will allow Packers Plus to diversify our product offering for our clients and position us for accelerated growth in the United States and...

2014-01-20 08:21:04

Bidding opens January 21 for an array of tubulars, construction, processing, production, marine, drilling and well-service equipment WASHINGTON, Jan. 20, 2014 /PRNewswire/ -- Liquidity Services, Inc. (NASDAQ: LQDT), a global solutions provider in the reverse supply chain with leading online marketplaces for surplus assets, is conducting an online auction on behalf of Murphy Oil Corporation. The auction will sell pipe and drilling equipment no longer needed in Murphy's daily operations at its...

2014-01-08 16:22:09

SAN ANTONIO, Jan. 8, 2014 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced it has renewed its drilling contracts with Ecopetrol for all eight of its drilling rigs in Colombia effective January 1, 2014. Pioneer recently operated six rigs for Ecopetrol under contracts that expired on December 31, 2013. The renewed contracts have a one-year fixed term and a slight improvement in day rates as compared to the current contracts. "We are very pleased to renew these...

2014-01-08 08:21:18

DUBAI, United Arab Emirates, Jan. 8, 2014 /PRNewswire/ - Packers Plus Energy Services Inc. has increased production rates and decreased costs for TransAtlantic Petroleum Ltd. (NYSE MKT:TAT) (TSX:TNP) in Turkey. Over the last eight months, the two companies have installed the Packers Plus StackFRAC(®) open hole multi-stage completion system and have seen initial production rates increase as much as 300%. By using the Packers Plus StackFRAC system in the Teslimkoy and Middle...


Word of the Day
monteith
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'
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