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Latest oil wells Stories

2012-11-14 08:26:31

RICHARDSON, Texas, Nov. 14, 2012 /PRNewswire/ -- Mark A. Plummer, Owner and Chairman of Chestnut Exploration & Production, Inc. (formerly Chestnut Petroleum, Inc.), is pleased to announce a successful finish to Chestnut Well Service's second operational quarter. The company now has two 500-horsepower NOV workover rigs in service. "We are very pleased to have this bolt-on auxiliary service company working in conjunction with our oil exploration and production company. The company has been...

2012-11-05 00:20:33

HOUSTON, Nov. 5, 2012 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) and CGGVeritas (NYSE: CGV, Euronext) announced today a collaborative relationship to improve shale reservoir exploration. Using reservoir models that integrate log-derived, near-wellbore geomechanical and petrophysical properties from Baker Hughes with calibrated seismic data from CGGVeritas, operators can optimize well placement and completion design earlier in the asset lifecycle for more efficient well...

2012-10-24 04:03:14

Clean Water Systems & Stores Inc has teamed up with Brumby Pumps to offer free advice and assistance to users of bore hole and deep water wells. Clean Water Systems & Stores Inc recommends the Brumby air driven submersible pump to its customers and is offering water treatment advice and consulting to Brumby Pump's customers through its CleanWaterStore.com web site. Santa Cruz , California (PRWEB) October 23, 2012 The Brumby Pump is a unique, refined airlift pump driven by...

2012-10-22 07:20:20

HOUSTON, Oct. 22, 2012 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has formed a joint venture with Edison Chouest Offshore LLC. The new company will be based in Houston. Utilizing the subsea technologies, tooling and expertise of FMC Technologies, and the vessel, port logistics and ROV operations of Edison Chouest Offshore, the new company intends to provide integrated vessel-based subsea services for offshore oil and gas fields globally. Services to be offered...

2012-10-17 07:22:41

HOUSTON, Oct. 17, 2012 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Total E&P Angola for additional subsea equipment for the Pazflor field. The contract has an estimated value of $33 million in revenue. The Pazflor field is located in Block 17 offshore Angola. The initial subsea systems delivered to Total for the Pazflor field have been in operation for more than a year. FMC Technologies' scope of additional supply for...

2012-10-10 07:21:58

GRAND JUNCTION, Colo., Oct. 10, 2012 /PRNewswire/ -- Flow Data, Inc. today announced the launch of PADPro(TM), a customizable well site control management system that provides real time data to oil and gas producers through an easy-to-operate user interface. Powered by PADManager(TM) software, PADPro gives users ongoing access to decision-driving data through a user-friendly, intuitive display. (Photo: http://photos.prnewswire.com/prnh/20121010/NY89974) The system's PROVue(TM)...

2012-10-08 15:20:32

HOUSTON, Oct. 8, 2012 /PRNewswire/ -- Oceaneering International, Inc. (NYSE:OII) announced today that it has entered into a five-year charter for use of the Cade Candies, a multi-service subsea support vessel owned by Otto Candies LLC. The charter is expected to commence during the second quarter of 2013. This state-of-the-art, U.S. flagged vessel was built in 2010. It has an overall length of approximately 309 feet (94 meters), a Class 2 dynamic positioning system, accommodations for 69...

2012-10-01 06:22:21

DENVER, Oct. 1, 2012 /PRNewswire/ -- Grid Petroleum Corp. (OTCBB: GRPR): The Board of Directors is pleased to announce that Grid Petroleum has received a preliminary report of the initial flow testing of the Bardo Sand, the deepest potential pay zone of the Garcia #3 well. Bardo Sand (3' Potential Gas Pay; 13' Potential Oil Pay): The top of this sand was encountered at 3520' drill depth in the "Garcia" #3 well where it is present in the form of 2 lobes. The top lobe is 10' thick and has...

2012-10-01 02:33:10

WUXI, China, Oct. 1, 2012 /PRNewswire/ -- WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company"), a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG"), and other pipes and connectors, today announced that it has entered into a definitive agreement with Southern Tube LLC, an affiliate of Nippon Steel...

2012-10-01 02:23:19

CHICAGO, Oct. 1, 2012 /PRNewswire/ -- GE Oil & Gas, in conjunction with Scotland's First Minister, Alex Salmond, has announced plans for an $11 million expansion project of its Scotland-based Center of Excellence that will create 40 new jobs by 2013. The announcement comes as the First Minister hosted a round table discussion with key players in the oil & gas industry during his visit to Chicago last week, to reinforce the Scottish Government's commitment to U.S. investors...