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Latest Oilfield terminology Stories

2014-09-29 08:24:29

SALT LAKE CITY, Sept. 29, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) reported that 25 meters of Rotliegend core have been extracted from the Karmin-1 well from a depth of 2,466 meters to 2,491 meters. The core samples show gas saturated Rotliegend sandstone with good reservoir properties on visual examination. A drill stem test of the 25 meter interval yielded gas with no observable water at rates between 3.3 million and 5.8 million cubic feet per day (Mmcf/d). The...

2014-09-26 16:21:39

LONDON, Sept. 26, 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 August 2014 was 1,694 barrels per day ("bbls/day") -- Blackcomb 5-14 well at Arikaree Creek...

2014-09-25 08:29:38

HOUSTON, Sept. 25, 2014 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company") (NYSE: ICD) today announced that Byron A. Dunn, Chief Executive Officer, will present at the Johnson Rice Energy Conference in New Orleans, LA on Monday, September 29, 2014 at 1:35 p.m. Central Time. The company presentation to be used by Mr. Dunn can be accessed on the company's website at www.icdrilling.com in the Investor section. About Independence Contract Drilling, Inc. Independence...

2014-09-24 08:22:38

HOUSTON, Sept. 24, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold its conference call to discuss results for the third quarter ending September 30, 2014 on Thursday, October 23, 2014 at 9:00 a.m. Central Time. Participants can access the call by dialing (877) 280-4960 or (857) 244-7317 with the access code 50285712. The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at www.patenergy.com. A...

2014-09-23 23:03:27

The lucrative and high investment areas of subsea regions in the U.S. and Canada are also driving the exponential growth of the market. http://www.micromarketmonitor.com/market/north-america-drilling-fluid-completion-fluid-2200133703.html (PRWEB) September 23, 2014 The global water-based drilling & completion fluids market report defines and segments the concerned market with analysis and forecast of revenue. The market is estimated to grow from $6,394.7 million in 2013 to...

2014-09-22 12:23:13

WEST CHESTER, Pa., Sept. 22, 2014 /PRNewswire/ -- Schramm Inc., a world-class manufacturer of land-based hydraulic drilling rigs, today announced a partnership with FEMCO, an aftermarket parts manufacturer and emergency repair services provider, to support its customers operating in North Dakota, South Dakota and Texas. The service centers provide onsite, real-time, 24-hour technical support for local parts, as well as any hydraulic, electrical or mechanical issues. For Schramm...

2014-09-19 08:22:18

HOUSTON, Sept. 19, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that one of its subsidiaries has entered into an agreement to acquire the Texas-based pressure pumping assets of a privately held company. The acquisition includes 143,250 horsepower of hydraulic fracturing equipment, which was manufactured in 2011 and 2012, and provides Patterson-UTI with two additional bases of operations and employees to support customer activity in the Eagle Ford and...

2014-09-18 16:22:18

DUBLIN, Sept. 18, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Micro Market Monitor : Global Drill Pipe Market Research" report to their offering. http://photos.prnewswire.com/prnvar/20130307/600769 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...

2014-09-18 08:23:31

New Rig Will Allow for Faster, Safer and More Efficient Shale Drilling KEITHVILLE, La., Sept. 18, 2014 /PRNewswire/ -- Keithville Well Drilling, a private, Louisiana-based drilling company, today announced it has purchased and accepted delivery of the Schramm T250XD a new, land-based rig designed specifically for shale drilling. The company plans to immediately utilize the rig in the Haynesville Shale of Northwest Louisiana and East Texas....

2014-09-17 23:08:43

The global drill pipe market is thereby expected to grow at a CAGR of 7.9% from 2014 to 2019. Drill pipe market is highest in North America due to the high number of offshore and onshore drilling operations.(http://www.marketsandmarkets.com/Market-Reports/drill-pipe-market-220790381.html) (PRWEB) September 17, 2014 The report "Drill Pipe Market by Grade (API, Premium), Application (Onshore, Offshore) & Geography - Global Trends & Forecasts to 2019", published by...


Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
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