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Latest Petroleum geology Stories

2014-05-06 12:21:51

DALLAS, May 6, 2014 /PRNewswire/ -- The report "Subsea Pumps Market by Type (Helico-Axial, ESP, Centrifugal, Twin-Screw, Hybrid, Counter-Axial), by Application (Subsea Boosting, Subsea Injection, Subsea Separation, Subsea Gas Compression) & by Geography - Global Trends & Forecast to 2018", defines and segments the Subsea Pumps Market with the analysis and forecast of the global revenue. Browse 63 market data tables with 32 figures spread through 171 pages and...

2014-05-06 08:24:44

Infill Drilling Confirms Further High Grade Gold Mineralization at QV1 Target TORONTO, May 6, 2014 /PRNewswire/ - Roxgold Inc. (ROG: TSX.V) ("Roxgold" or the "Company") is pleased to announce the latest results from its exploration program at Yaramoko's prospective Bagassi South Zone, where it continues to intersect high grade gold mineralization. Highlights from the current diamond drilling program at Bagassi South's QV1 target include: -- 226.76 grams per tonne ("gpt") gold over 3.1...

2014-05-06 04:21:11

SINGAPORE and HAMILTON, Bermuda, May 6, 2014 /PRNewswire/ -- AziPac Ltd. is a newly established exploration and production company focussed on exploring for oil and gas in the maritime basins offshore the Asia Pacific region and the Bay of Bengal. AziPac is backed by Seacrest Capital Group, the global energy investor. AziPac will be headquartered in Singapore. Portfolio At launch, AziPac has secured a number of exploration licences in the Southeast Asian offshore...

2014-05-05 08:22:22

HOUSTON, May 5, 2014 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) today announced that Tullow Guinea Limited ("Tullow") provided notice to the Government of Guinea and the other members of the Consortium that Tullow has lifted, with effect from 3 May 2014, its declaration of Force Majeure under the Production Sharing Contract (PSC) and the Joint Operating Agreement. Diligent efforts are being made to satisfy the conditions to resuming petroleum operations which include...

2014-05-05 08:22:21

HOUSTON, May 5, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2014, the Company had an average of 199 drilling rigs operating in the United States and one rig 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...

2014-05-05 04:20:46

ABERDEEN, United Kingdom, May 5, 2014 /PRNewswire/ -- Wood Group is proud to have delivered engineering support to the Subsea Well Response Project (SWRP), a joint industry project to further improve the prevention of, and response to, subsea well-control incidents. Contracted by Shell, on behalf of the SWRP team, Wood Group Kenny led the way and drew on the expertise of Wood Group Mustang and Wood Group PSN. The energy services company has been supporting the project since 2012,...

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%,...


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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