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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...

2014-07-10 23:04:47

MarketResearchReports.Biz presents this most up-to-date research on "Global Drilling Machine Industry 2014". Albany, NY (PRWEB) July 10, 2014 Market Research Report on Global Drilling Machine Industry was a professional and depth research report on Global Drilling Machine industry that you would know the world's major regional market conditions of Drilling Machine industry, the main region including North American, Europe and Asia etc, and the main country including United...

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...

2014-07-07 08:22:34

HOUSTON, July 7, 2014 /PRNewswire/ -- Paragon Offshore Limited (to be converted to Paragon Offshore plc) ("Paragon"), in preparation for its previously announced spin-off from Noble Corporation (NYSE: NE) ("Noble"), announced today that, subject to market and other conditions, it intends to offer for sale $1.185 billion in aggregate principal amount of senior unsecured notes due 2022 and 2024 in a private offering that is exempt from registration under the Securities Act of 1933, as...

2014-07-03 12:22:37

HOUSTON, July 3, 2014 /PRNewswire/ -- Virtus Oil and Gas Corporation (OTCBB: VOIL) ("Virtus" or the "Company") today reiterates its existing business plan and addresses third party reports. Virtus Oil and Gas is an early stage exploration company that was founded with the mission of acquiring and developing onshore oil and gas working interests in proven basins in the United States, such as the Central Utah Thrust Belt Region. The Company's ultimate strategic focus is the development of oil...

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...

2014-07-01 08:24:23

HOUSTON, July 1, 2014 /PRNewswire/ -- Virtus Oil and Gas Corporation (OTCBB: VOIL) ("Virtus" or the "Company") today announced it has entered into an agreement with Seismic Exchange, Inc. (SEI) to purchase approximately 30,360 acres (47.438 miles(2)) of 2D seismic data, enabling the Company to initiate phase one of its exploration program. 2D Seismic Data Acquisition Virtus signed a Master License Agreement and a Seismic License Agreement with SEI for the acquisition of 2D seismic...

2014-06-30 08:23:39

Agreement to Provide Substantial Natural Gas to BG LNG Facility HOUSTON, June 30, 2014 /PRNewswire/ -- Noble Energy, Inc. (NYSE: NBL) today announced the execution of a non-binding Letter of Intent (LOI) between the Leviathan field partners and BG International Limited (BG) for the supply of natural gas from the Leviathan field, offshore Israel, to BG's existing natural gas liquefaction (LNG) facilities in Egypt. The LOI contemplates a total gross sales quantity of up to 3.75...

2014-06-26 08:22:44

DUBLIN, June 26, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/xfw6dn/subsea_pumps) has announced the addition of the "Subsea Pumps Market by Type, by Application & by Geography - Global Trends & Forecast to 2018" report to their offering. http://photos.prnewswire.com/prnh/20130307/600769 This report estimates the subsea pumps market in terms of value. The value market is estimated in terms of number of subsea processing projects already...

2014-06-21 23:01:15

Demand for ultra-deep water rigs is very high and is increasing due to sustained high oil prices and also the desire of oil & gas companies to achieve production targets is driving the demand in all the regions. http://www.micromarketmonitor.com/market-report/ultra-deep-water-reports-5515041891.html (PRWEB) June 21, 2014 On the account of high prices, offshore oil and gas production has been gradually increasing over the decades and has picked up momentum strongly over the past few...


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