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Latest Petroleum engineering Stories

2014-08-18 16:21:42

Record Attendance Expected as Professionals Across All Segments of the Unconventional Arena Converge for Integrated Event TULSA, Okla., Aug. 18, 2014 /PRNewswire-USNewswire/ -- The second edition of the Unconventional Resources Technology Conference (URTeC) takes center stage 25-27 August at the Colorado Convention Center in Denver, CO. The 2014 event highlights unconventional resource possibilities in North America and around the world, as well as takes an in-depth look at existing...

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...

2014-07-31 04:22:06

Conference Call Scheduled for Today, 10:30 a.m. Central Time HOUSTON, July 31, 2014 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today reported net income of $23.0 million, or $1.00 per share, on revenues of $176.6 million for the quarter ended June 30, 2014. Logo - http://photos.prnewswire.com/prnh/20120503/MM00528LOGO President and CEO Gary Kolstad commented, "The CARBO production enhancement business, based upon our Design, Build, and Optimize the Frac(TM) technologies, strengthened in...

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 23:13:17

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 20:21:17

Makes Decision to Reduce Number of US-based Events In Move to Address Industry Needs TULSA, Okla., July 23, 2014 /PRNewswire-USNewswire/ -- The Society of Petroleum Engineers (SPE), a partner with the American Association of Petroleum Geologists (AAPG) and the Society of Exploration Geophysicists (SEG) in the Unconventional Resources Technology Conference (URTeC), announced plans to focus its regional U.S. unconventional oil and gas efforts on this one event. The move follows...

2014-07-11 08:21:59

FORT WORTH, Texas, July 11, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of June 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 71,600 producing a rig utilization rate of 74%, compared to 70% and 79% in May 2014 and June 2013, respectively. During the month, Basic's fluid service truck count decreased by one to 1,016. Fluid service truck...

2014-07-08 08:21:59

HOUSTON, July 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2014 was 1,336, down 14 from the 1,350 counted in May 2014, and up 3 from the 1,333 counted in June 2013. The international offshore rig count for June 2014 was 314, down 12 from the 326 counted in May 2014, and down 23 from the 337 counted in June 2013. The average U.S. rig count for June 2014 was 1,861, up 2 from the 1,859 counted in May 2014, and...

2014-07-03 08:21:22

HOUSTON, July 3, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of June 2014, the Company had an average of 204 drilling rigs operating in the United States and six rigs in Canada. For the three months ended June 30, 2014, the Company had an average of 201 drilling rigs operating in the United States and three rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number...


Word of the Day
Cthulhu
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.
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