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Latest Petroleum geology Stories

2014-06-20 08:21:38

NEW YORK, June 20, 2014 /PRNewswire/ -- DryShips, Inc. (NASDAQ: DRYS) is an international provider of ocean transportation services for drybulk and petroleum cargoes through their ownership and operation of drybulk carrier vessels and oil tankers. The company also engages in offshore drilling services through their majority-owned subsidiary Ocean Rig UDW (ORIG), which specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. DryShips operates...

2014-06-19 08:23:48

TSXV: GGIOTC: GGIFF Frankfurt: RQM VANCOUVER, June 19, 2014 /PRNewswire/ - Further to its news release of May 14, 2014, Garibaldi Resources Corp. (the "Company" or "Garibaldi") is pleased to provide this progress report as drilling continues at the Silver Eagle target, Rodadero North in central Sonora State, Mexico. A fourth hole is now under way to test the geometry and dimensions of a promising high-grade, near-surface structure. Pending additional assay results are eagerly...

2014-06-19 08:23:30

AUSTIN, Texas, June 19, 2014 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/MKT:FPP) today provided an update on recent drilling activity. Phillip Roberson, FieldPoint President and CFO, stated, "I am very pleased with the performance of the second well of our Ranger Project, which has now begun production. We are expecting completion of the third and fourth wells of this project by approximately July 1. The Ranger Project, with our drilling partner Riley Exploration...

2014-06-16 16:21:31

HOUSTON, June 16, 2014 /PRNewswire/ -- Noble Energy, Inc. (NYSE: NBL) today announced that it has reached an agreement with BP Exploration & Production Inc. to acquire 50 percent of BP's interest in 17 deepwater exploration leases in the Gulf of Mexico. Each of the leases resides in the Atwater Valley protraction area, with Noble Energy acquiring a 50 percent working interest in 13 leases and an average 26 percent working interest in four leases. As part of the transaction,...

2014-06-12 08:22:20

FORT WORTH, Texas, June 12, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of May 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 71,300 producing a rig utilization rate of 70%, compared to 70% and 68% in April 2014 and May 2013, respectively. During the month, Basic's fluid service truck count increased by three to 1,017. Fluid service truck...

2014-06-09 08:23:26

Key well targeting substantial up-dip potential of the Banan Discovery CALGARY, June 9, 2014 /CNW/ - Oryx Petroleum Corporation Limited ("Oryx Petroleum" or the "Corporation") today announces that the Banan-2 appraisal well ("BAN-2") has been spudded in the Hawler license area in the Kurdistan Region of Iraq. Oryx Petroleum is the operator and has a 65% participating and working interest in the Hawler license area. Commenting today, Henry Legarre, Oryx Petroleum's Chief...

2014-06-06 08:21:51

LONDON, June 6, 2014 /PRNewswire/ -- The Federal Government of the Republic of Somalia ("the Federal Government") is pleased to announce that Soma Oil & Gas Exploration Limited ("Soma") has completed the offshore seismic acquisition programme across the Offshore Evaluation Area of 122,000 sq km as part of Soma's commitment under the Seismic Option Agreement ("SOA") agreed between the Federal Government and Soma on the 6th August 2013. The seismic acquisition...

2014-06-06 08:21:32

HOUSTON, June 6, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for May 2014 was 1,350, up 1 from the 1,349 counted in April 2014, and up 67 from the 1,283 counted in May 2013. The international offshore rig count for May 2014 was 326, down 3 from the 329 counted in April 2014, and down 1 from the 327 counted in May 2013. The average U.S. rig count for May 2014 was 1,859, up 24 from the 1,835 counted in April 2014, and...

2014-06-03 08:23:14

HOUSTON, June 3, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of May 2014, the Company had an average of 200 drilling rigs operating in the United States and two rigs in Canada. For the two months ended May 31, 2014, the Company had an average of 199 drilling rigs operating in the United States and two rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the...

2014-06-02 20:21:22

Bretaña-1WD Recovers Oil in Transition Zone, Increases Recoverable Oil Potential CALGARY, June 2, 2014 /PRNewswire/ - Gran Tierra Energy Inc. ("Gran Tierra Energy") (NYSE MKT: GTE, TSX: GTE), a company focused on oil exploration and production in South America, today provided an operations update for its 2014 work program. "Gran Tierra Energy's 2014 drilling campaign is well under way, and initial well test results are providing valuable insights for the Bretaña and Moqueta...


Word of the Day
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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