Quantcast

Latest Oilfield terminology Stories

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...

2014-07-31 00:20:44

CAMARILLO, CA, July 30, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company") (TSX: BKX) is pleased to announce that its indirect wholly owned subsidiary BNK Petroleum (US) Inc. ("BNK US") has obtained a new US$100,000,000 credit facility ("new facility") from Morgan Stanley Capital Group Inc. ("MSCGI"). The initial commitment amount of the new reserve-based facility is US$15,900,000. The proceeds from the new facility are intended to fund drilling of Caney shale oil wells in...

2014-07-30 16:25:11

HOUSTON, July 30, 2014 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that the company has finalized a 2 1/2 year contract with Rosneft Oil Company, in conjunction with North Atlantic Drilling Ltd., for the provision of the jackup drilling rig Energy Endeavour. According to the agreement, any break rights expire after 100 days, after which the contract will commence in direct continuation upon the release of the rig by the current client. The company...

2014-07-29 20:21:40

Maintains 2014 production guidance of 101,000 - 106,000 boe per day CALGARY, July 29, 2014 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX: PWT) (NYSE: PWE) ("Penn West", "we", "our", "us" or the "Company") today reported second quarter 2014 average production of 108,130 barrels of oil equivalent ("boe") per day (64 percent oil and liquids) and maintained 2014 production guidance of 101,000 - 106,000 boe per day. Penn West also reported other key operating results for the second...

2014-07-28 12:24:15

Strong Momentum for Advanced Modern Land Rigs Increases the Pace of Operational Demands on the Company WEST CHESTER, Pa., July 28, 2014 /PRNewswire/ -- Schramm, Inc., a world class manufacturer of mobile, land-based hydraulic drill rigs used extensively in the global energy industry, announced today that industry veteran Bobby Bryan has been appointed to the newly created position of Chief Operating Officer (COO) based in West Chester, PA. The position was created to manage the...

2014-07-23 23:18:47

The Latin America Drilling fluid and Completion fluid Market Report defines and segments the drilling fluid and completion fluid market in Latin America with analysis and forecast of revenue. http://www.micromarketmonitor.com/market/latin-america-drilling-fluid-completion-fluid-9727352154.html. (PRWEB) July 22, 2014 The Latin America Drilling fluid and Completion fluid Market Report defines and segments the drilling fluid and completion fluid market in Latin America with analysis and...

2014-07-23 23:18:41

The Middle East Drilling fluid and Completion fluid Market report defines and segments the drilling fluid and completion fluid market in Middle East with analysis and forecast of revenue. http://www.micromarketmonitor.com/market/middle-east-drilling-fluid-completion-fluid-3201014125.html. (PRWEB) July 22, 2014 The Middle East Drilling fluid and Completion fluid Market report defines and segments the drilling fluid and completion fluid market in Middle East with analysis and forecast of...

2014-07-23 23:13:17

GN Solids Control System for oil gas drilling rig gets the CE markeing for entering the Europe market, gives the signal to show the Chinese made high standard drilling products are now accepting and popularizing in the developed countries. Houton,Texas (PRWEB) July 23, 2014 GN Oil gas drilling solids control system complete line of products get the CE marking certificate for entering Europe market by DNV. Recent years, Chinese drilling equipment manufacturers are growing fast. Now more...

2014-07-23 23:03:52

The Europe Drilling fluid and Completion fluid Market report defines and segments the drilling fluid and completion fluid market in Europe with analysis and forecast of revenue. http://www.micromarketmonitor.com/market/europe-drilling-fluid-completion-fluid-9196506726.html. (PRWEB) July 23, 2014 The Europe Drilling fluid and Completion fluid Market Report defines and segments the drilling fluid and completion fluid market in Europe with analysis and forecast of revenue. The drilling fluid...


Word of the Day
baudekin
  • A rich embroidered or brocaded silk fabric woven originally with a warp of gold thread.
'Baudekin' seems to be an alternative form of 'baldachin,' from the Italian 'Baldacco,' Baghdad, the city where the material was made.
Related