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Last updated on April 19, 2014 at 13:20 EDT

Latest Petroleum production Stories

2014-04-18 12:21:24

When completed, will be first fixed wellhead platform installed off the coast of Newfoundland & Labrador, Canada HOUSTON, April 18, 2014 /PRNewswire/ -- Arup, a multidisciplinary engineering and consulting firm with a reputation for delivering innovative and sustainable designs, announced today that it has been selected by Husky Energy to carry out the detailed engineering design (DED) for the White Rose Extension Project (WREP) concrete gravity structure. Subject to partner, corporate and...

2014-04-16 20:23:33

DUBLIN, April 16, 2014 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/bdnmt3/artificial_lift) has announced the addition of the "Artificial Lift Systems Market by Type, Component & Countries - Trends & Forecast to 2018" [http://www.researchandmarkets.com/research/bdnmt3/artificial_lift ] report to their offering. <start_newscom> (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) This report covers the...

2014-04-16 16:23:58

NEW RIG ADDITIONS DRIVE IMPROVED MARGINS LONDON, April 16, 2014 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today reported first quarter 2014 net income of $256 million, or $0.99 per diluted share, compared to $174 million, or $0.68 per diluted share, for the fourth quarter 2013. Results for the fourth quarter of 2013 included an after-tax charge of $36 million, or $0.14 per diluted share, relating to an asset impairment. Excluding the impairment charge, net income for the...

2014-04-15 12:24:02

HOUSTON, April 15, 2014 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") reported today that production from its Marshall County, West Virginia operations has resumed with no restrictions following the successful re-routing of natural gas volumes through the Williams operated midstream system and the return to service of the pipeline that transports condensate from the field to processing facilities. Gastar currently has 50 wells producing, with seven additional...

2014-04-15 12:23:52

LONDON, April 15, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report: France Oil and Gas Report Q1 2014 Includes 3 FREE quarterly updates BMI View:Since the 2011 Fukushima Daiichi nuclear disaster and the 2012 presidential elections, Frenchdependence on nuclear energy has been under the spotlight and has been set to be diluted in favour ofrenewables. President Hollande has restated a goal of reducing nuclear generation from 75% to 50% of theelectricity mix....

2014-04-15 08:23:43

HOUSTON, April 15, 2014 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) today announced that the board of directors has elected Gregory L. Ebel to serve as chair of the board of directors. Mr. Ebel, who has been president and chief executive officer since January 2009, replaces William T. Esrey who is retiring after serving as chair for the past five years. The company also announced that F. Anthony Comper has been elected as independent lead director. Mr. Comper, originally elected to...

2014-04-15 08:23:31

HOUSTON, April 15, 2014 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) has declared a quarterly cash dividend on its common stock of $0.335 per share, or $1.34 per share on an annualized basis. The dividend is payable on June 10, 2014 to shareholders of record at the close of business on May 9, 2014. http://photos.prnewswire.com/prnvar/20061030/CLM051LOGO Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America's leading pipeline and midstream companies. Based...

2014-04-15 08:23:08

Reports Production Status on Fences Area Wells SALT LAKE CITY, April 15, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) reported that the Tuchola-4K well reached its primary objective, the lower Zechstein Ca1 formation at 2,740 meters, approximately 60 meters high to last year's Tuchola-3K well. The Tuchola-4K well was then cored and drilled to 2,810 meters, its current depth, with strong gas shows observed throughout. This 70 meter interval was then logged, showing gas...

2014-04-14 12:22:55

HOUSTON, April 14, 2014 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced the completion of its Blades 33H-1 (66.7% WI) well in Tangipahoa Parish, Louisiana. The well has achieved a peak 24-hour average production rate to date of 1,270 barrels of oil equivalent ("BOE") per day, comprised of 1,250 barrels of oil and 115 Mcf of gas on a 14/64 inch choke from an approximate 5,000 foot lateral. The well landed in the Company's lower target, was drilled and...

2014-04-11 12:20:16

TULSA, Okla., April 11, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) plans to announce financial results for first quarter 2014 before the market opens on Tues., May 6. Management will discuss first-quarter earnings and outlook for the remainder of 2014 during a conference call with analysts at 1:30 p.m. Eastern the same day. To join the conference call, dial (888) 466-4462 and provide code 1956876. Investors also may listen to the call via the partnership's...