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Latest Petroleum geology Stories

2014-02-24 16:21:51

LAFAYETTE, La., Feb. 24, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced success on the development segment of the deep water Cardona well at Mississippi Canyon 29. Stone operates and owns a 65% working interest in the well. The Cardona well (MC 29 #4 well) encountered 84 feet of net oil pay in the development section of the well. The company is currently running casing to protect this zone while drilling the exploration section of the well. The Cardona...

2014-02-24 08:23:52

STW Oilfield Remediation to clean oil based drilling cuttings and oily sludge from oil storage tank bottoms in Texas and New Mexico MIDLAND, Texas, Feb. 24, 2014 /PRNewswire/ -- STW Resources Holding Corp. (OTC QB: STWS) announced today it is creating a new subsidiary to engage in the reclamation of oil based drilling cuttings and the oil sludge from cleaning out oil storage tanks, initially in the West Texas Permian and Delaware Basins with roll out plans in the Eagle Ford Basin in...

2014-02-21 23:04:50

Geometrics Inc. recently sold a new P-Cable ultra high-resolution 3D seismic streamer system to NCS Subsea for it's SAFE-BAND venture with Geotrace and Spec Partners. The purpose of the multi-client project is to obtain detailed data regarding safety-related geohazards in the Gulf of Mexico. San Jose, CA (PRWEB) February 21, 2014 Geometrics, Inc., a provider of geophysical data acquisition equipment, today announced that NCS SubSea, a provider of marine navigation and geoscience...

2014-02-21 08:22:07

232 Million Barrels of Proved plus Probable (2P) Reserves; NPV of US$2.24 billion Average Production First Quarter to Date 19,700 bopd CALGARY, Feb. 21, 2014 /PRNewswire/ - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) is pleased to provide the results of its December 31, 2013, independent reserves evaluation. Evaluations were conducted by RPS Energy Canada Ltd. (RPS) for the Patos-Marinza oilfield, Albania, and by DeGolyer and McNaughton Canada Ltd....

2014-02-20 12:22:42

Continues expansion by adding crews and equipment to Permian Basin and Eagle Ford operations in January MIDLAND, Texas, Feb. 20, 2014 /PRNewswire/ -- STW Resources Holding Corp. (OTC QB: STWS) ("STW" or the "Company") announced today that its 75% owned subsidiary STW Energy has expanded operations in South Texas and has increased Permian Basin services by adding additional crews and equipment. STW Energy has added salespeople, and 20 field operations employees to meet the high...

2014-02-19 08:24:04

SALT LAKE CITY, Feb. 19, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) announced today that drilling is underway on the Company's Tuchola-4K well. The well is located approximately 800 meters west of the Company's Tuchola-3K discovery that was completed in 2013. That well tested at a rate of approximately 5 million cubic feet per day with traces of condensate from a dolomite section in the Ca1 Zechstein formation at a depth of approximately 2,700 meters. The primary...

2014-02-18 16:21:11

LAFAYETTE, La., Feb. 18, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced exploration discoveries at its deep water Amethyst and deep gas Tomcat prospects. Stone operates and owns a 100 percent working interest in both discoveries. The deep water Amethyst exploration well in Mississippi Canyon block 26 encountered approximately 90 feet of net hydrocarbon pay in one interval which suggests a commercial discovery. Analysis of logging, coring and fluid data...

2014-02-18 12:23:14

ONE YEAR EXTENSION GRANTED ON COOPER TORONTO, Feb. 18, 2014 /CNW/ - Eco (Atlantic) Oil & Gas Ltd. ("Eco Atlantic" or the "Company") (TSX-V: EOG, NSX: EOG) is pleased to announce that it has received an updated Gross Prospective Unrisked Resource Lead Report ("Report") prepared by Gustavson Associates LLC ("Gustavson") of Colorado, USA, on Block 2012A ("Cooper") in the Walvis Basin, offshore Namibia. The Report was prepared in accordance with Canadian National Instrument 51-101...

2014-02-18 08:24:20

SALT LAKE CITY, Feb. 18, 2014 /PRNewswire/ -- Richfield Oil & Gas Company (OTCQX: ROIL) ("Richfield" or the "Company"), an independent exploration and production company, has completed an extensive study of data related to its Liberty #1 discovery well in the Central Utah Overthrust. The study reviewed large volumes of data collected through services provided by Weatherford International, Halliburton, and Baker Hughes, as well as prominent energy scientists and laboratories. Based...

2014-02-18 08:24:05

LONDON, Feb. 18, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: World Subsea Hardware Market Forecast 2013-2017 Subsea Hardware spend forecast to double to $124 billion Douglas-Westwood forecast spend during 2013-2017 to double to $124 billion compared to the preceding five-year period. Deepwater activity is booming in the 'Golden Triangle'; Brazil, West Africa and the Gulf of Mexico, which is forecast to account for 44% of total subsea hardware...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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