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Latest Oilfield terminology Stories

2014-08-26 16:23:47

SALT LAKE CITY, Aug. 26, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN), today announced that drilling has started at the Baraniec-1 well in the Company's 49% owned Fences license in west-central Poland. The well targets a 3-D defined Rotliegend sandstone structure at a depth of approximately 3,885 meters. Baraniec-1 will be the fifth well in the Lisewo area in the eastern portion of the Fences license. Other Fences Drilling The Company also reported that the Karmin-1 well is...

2014-08-25 20:20:34

Stock Symbol: AEM (NYSE and TSX) TORONTO, Aug. 25, 2014 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) ("Agnico Eagle" or the "Company") is pleased to provide an update on its summer 2014 exploration activities at the new IVR project, located 50 kilometres northwest of the Meadowbank mine in Nunavut. The Company last reported results from this project in a news release dated July 30, 2014. Highlights include: -- Continuing expansion of IVR...

2014-08-21 12:23:48

SALT LAKE CITY, Aug. 21, 2014 /PRNewswire/ -- Boart Longyear (www.BoartLongyear.com), the world's leading integrated exploration drilling services, equipment and performance tooling provider, has been awarded a contract on August 1, 2014 for drilling services at the Magnum NGLs (Natural Gas Liquids) Storage Project at central Utah's Western Energy Hub. Magnum is building the first underground salt cavern NGLs storage facility in the Rocky Mountain region at the site, located 10 miles...

2014-08-19 16:22:41

SPRING, Texas, Aug. 19, 2014 /PRNewswire/ -- Jim Terry, CEO of Integrated Drilling Equipment Holdings Corp. ("IDE") (OTC: IRIG), announced today the appointment of Martin (Marty) Paulk, 52, as Senior Vice President of Sales, Marketing and Strategic Implementation, effective immediately. Prior to his appointment, Marty Paulk was the Senior Director-Global Technical Solutions and Strategy at Key Energy Services. Prior to his position at Key Energy Services, Mr. Paulk held leadership...

2014-08-13 20:21:18

HOUSTON, Aug. 13, 2014 /PRNewswire/ -- Sidewinder Drilling Inc. (the "Company") announced August 13, 2014 it will hold a conference call with bond investors on Friday, August 22, 2014 at 10:00 AM (Eastern Time) to discuss Second Quarter 2014 results. Call-in details will be provided via email to Sidewinder's existing bond holders. For those bond holders who are in need of the details and have not received them, please call the Company. Sidewinder was formed in 2011 by the...

2014-08-12 23:01:21

U.S. Congressman John Carter (R-Texas) visited Tolteq, a high-tech manufacturer that designs and produces innovative directional drilling guidance systems, a critical technology used for well placement commonly referred to in the industry as Measurement While Drilling (MWD). Cedar Park, Texas (PRWEB) August 12, 2014 During his visit to Tolteq, Congressman Carter was exposed to the ruggedized hardware and sophisticated electronics that have allowed energy companies to successfully tap into...

2014-08-12 08:22:58

FORT WORTH, Texas, Aug. 12, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of July 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 73,300 producing a rig utilization rate of 69%, compared to 74% and 71% in June 2014 and July 2013, respectively. During the month, Basic's fluid service truck count increased by three to 1,019. Fluid service truck...

2014-08-05 08:24:15

HOUSTON, Aug. 5, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of July 2014, the Company had an average of 207 drilling rigs operating in the United States and nine rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average...

2014-08-01 16:21:49

MONCTON, NB, Aug. 1, 2014 /CNW/ - Major Drilling Group International Inc. ("Major Drilling") (TSX: MDI) is pleased to announce that it has completed the previously announced acquisition of the assets and business of Taurus Drilling. Through this acquisition Major Drilling is entering into the underground percussive/longhole drilling sector with operations in Canada, the U.S. and Mexico. Pursuant to this transaction, Major Drilling has acquired 39 drill rigs, together with...

2014-08-01 16:21:26

Bolt-on Acquisition Expands Specialty Oil Field Products and Services Offering INDIANAPOLIS, Aug. 1, 2014 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership") a leading independent producer of specialty hydrocarbon and fuel products, today announced that it acquired substantially all of the assets of privately-held Specialty Oilfield Solutions, Ltd. ("SOS") on August 1, 2014 for total cash consideration of $30.0 million. Founded...


Word of the Day
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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