Quantcast

Latest Petroleum geology Stories

2014-05-02 23:06:14

MarketReportsOnline.com adds "Global Jack-up Rig Market Report: 2014 Edition" report to its research store. Dallas, Texas (PRWEB) May 02, 2014 Jackup rigs are mobile, self-elevating drilling platforms equipped with legs that can be lowered to the ocean floor until a foundation is established to support the drilling platform. Once a foundation is established, the drilling platform is then jacked further up the legs so that the platform is above the highest expected waves....

2014-05-01 16:24:27

HOUSTON, May 1, 2014 /PRNewswire/ -- Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in Texas, today announced that it has entered into an agreement to refinance and restructure its outstanding long-term loan. The existing loan has an outstanding balance of $7.3 million, carries an annual interest rate of 12%, and requires amortizing principal payments from March 2014 to maturity in August 2015. Under the...

2014-04-30 08:24:46

SALT LAKE CITY, April 30, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) today reported estimated production rates based on the production test on the Tuchola-4K well originally reported on April 21, 2014. The calculated absolute open flow rate for the Tuchola-4K well was 117 million cubic feet per day (Mmcf/d), compared to the calculated absolute open flow rate for the Tuchola-3K well of 98 Mmcf/d. The estimated initial stabilized production rate for the two wells combined is...

2014-04-30 00:20:22

BOURBON confirms its objective of 8-10% growth in revenues for 2014 with a slight increase in the EBITDAR/revenue margin PARIS, April 30, 2014 /PRNewswire/ -- - Quarterly revenues rose 7.9% (at constant rates) partly due to a 7.1% increase in the size of the fleet. 1st quarter activities were impacted sequentially by seasonal effects in the North Sea and in South East Asia. - The fleet utilization rate excluding Crewboats was over 90%,...

2014-04-29 08:27:49

TSXV Trading Symbol: MVN CALGARY, April 29, 2014 /PRNewswire/ - Madalena Energy Inc. (TSXV: MVN) (the "Company" or "Madalena") is pleased to provide selected financial and operational information for the three months and year ended December 31, 2013 and the Company's 2013 year end reserves. Copies of the Company's consolidated financial statements for the year ended December 31, 2013, the related management's discussion and analysis and the Annual Information Form (the...

2014-04-28 16:24:16

LAFAYETTE, La., April 28, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced success on the deep water Cardona South well at Mississippi Canyon 29. Stone operates and owns a 65% working interest in the well. The Cardona South well (MC 29 #5 well) encountered over 275 feet of net oil pay in three separate sections of the well. The Cardona South success extends the productive zone of the Mississippi Canyon 29 TB-9 well to the adjacent fault block to the south...

2014-04-28 16:24:08

DALLAS, April 28, 2014 /PRNewswire/ -- The report "Subsea Well Access and BOP System Market by Type [Well Access System Type (Riserbased WAS and Riserless WAS) and BOP Type (Annular BOP and RAM Type BOP)] and Geography - Global Trends & Forecasts to 2019", defines and segments the global well access and BOP market with analysis and forecasts of the global revenue. The global subsea well access market is estimated to grow from over $3.2 Billion in 2014 to nearly $4.1...

2014-04-28 16:23:56

LONDON, April 28, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report: ROVs in the Oil & Gas Industry 2013-2023http://www.reportbuyer.com/energy_utilities/oil_gas/rovs_oil_gas_industry_2013_2023.html Report Details The global ROV market has been growing rapidly over the last years. The primary reason for this development has been the advancement in offshore technologies which has lead to the introduction of more complex subsea infrastructure and to an...

2014-04-28 12:24:35

After Tour of Region, Sean McGarvey Denounces Anti-Keystone Zealots For Misinformation Campaign WASHINGTON, April 28, 2014 /PRNewswire-USNewswire/ -- Upon returning from a tour of the Canadian oil sands region, Sean McGarvey, president of North America's Building Trades Unions, today chastised the radical environmental movement for perpetrating a deliberate misinformation campaign upon the American public with regard to oil sands development and the Keystone pipeline. McGarvey visited the...

2014-04-28 12:23:37

CALGARY, April 28, 2014 /PRNewswire/ - (TSX-V: PFC) - PetroFrontier ("PetroFrontier") is pleased to announce that the OzAlpha-1 well located in Exploration Permit 104 in the Northern Territory, Australia has been successfully drilled and cased by Statoil Australia Theta B.V. (the "Operator"). All of the planned open hole well evaluation activities have been completed and are now being analyzed. A total of 196 metres of core were recovered in a continuous coring process, which...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.