Quantcast
Last updated on April 19, 2014 at 17:21 EDT

Latest Petroleum production Stories

2014-02-10 16:23:36

FORT WORTH, Texas, Feb. 10, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of January 2014. Basic's well servicing rig count remained unchanged at 425. Well servicing rig hours for the month were 74,500, producing a rig utilization rate of 69%, compared to 61% and 67% in December 2013 and January 2013, respectively. During the month, Basic's fluid service truck count remained unchanged at 1,003. Fluid...

2014-02-10 12:23:51

LONDON, Feb. 10, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:World LNG Market Forecast 2013-2017LNG Capital Expenditure to DoubleA strong recovery in expenditure on LNG facilities now underway worldwide driven by a growing demand for natural gas. The new eighth edition of "World LNG Market Forecast" expects that global Capex will total nearly $228bn during the 2013-2017 period, an increase of 109% over the preceding five years.The spending surge...

2014-02-10 12:21:58

HOUSTON, Feb. 10, 2014 /PRNewswire/ -- Liberty Energy Corp. (OTCQB: LBYE) ("Liberty" or "the Company") an independent oil and gas company targeting onshore Texas oil conventional plays with a current focus on the Fort Worth Basin, today announces that the Company has executed terms with a drilling service company based in Abilene, Texas to joint venture with its shallow drilling program in Baylor and Archer Counties. The terms outlined called for participation in the forthcoming...

2014-02-10 12:21:43

LONDON, Feb. 10, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: Analysis of the North American Shale Services Market Streamlined Supply Chain and Advanced Contracting Strategies are Key to Sustainability With an increase in demand and the high price for oil and gas, unconventional resource exploitation is identified as a lucrative opportunity for producers, which drives the demand for servicing equipment. This study discusses the driving and...

2014-02-10 08:30:31

DUBAI, UAE, February 10, 2014 /PRNewswire/ -- Canadian Energy Equipment Manufacturing FZE ("CEEM"), a UAE oilfield specialist equipment manufacturer with facilities in Ras Al Khaimah and Dubai, has announced that UMW Oil & Gas Corporation Berhad ("UMW Oil & Gas") has purchased one of its Advanced Hydraulic Workover Units ("AHWU"). (Logo: http://photos.prnewswire.com/prnh/20140210/668200 ) The total order value is for USD2.8 million and...

2014-02-10 08:29:59

AUSTIN, Texas, Feb. 10, 2014 /PRNewswire/ --- FieldPoint Petroleum Corporation (NYSE/MKT:FPP) today announced the successful completion of the Ranger Unit 8A #1H in Lee County, Texas. This is the first well in the Ranger Project with FieldPoint's partner, Riley Exploration Group, LLC (Riley) of Blanchard, OK. FieldPoint President, Phillip Roberson, stated, "With less than 20% of the frac load recovered, we are very pleased with the well's current performance of over 160 barrels of...

2014-02-10 08:29:25

HOUSTON, Feb. 10, 2014 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced that Matt Ralls, Chief Executive Officer, is scheduled to present at the Credit Suisse 19(th) Annual Energy Summit being held at the Vail Cascade Resort in Vail, Colorado. The presentation is scheduled to begin at 9:40 a.m. Central Standard Time on February 12, 2014. (Logo: http://photos.prnewswire.com/prnh/20120827/DA62568LOGO) A live audio webcast of the presentation can...

2014-02-09 23:00:07

"Texas is once again leading the nation in oil field production and innovation. The Permian Basin is truly a game-changer in a global sense,” he concluded. Plano, Texas (PRWEB) February 10, 2014 Plano, Texas based Aegis Oil reports an oilfield discovery with its $300 million drilling campaign. CEO Reagan Beason confirmed today that a previously undiscovered zone was located in the Woodford Shale in Pecos County, Texas. Aegis’ drilling data and discoveries were further validated...

2014-02-08 23:01:25

Transparency Market Research Report added "Offshore Support Vessel Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019" to its database. Browse Full Report: http://www.transparencymarketresearch.com/offshore-support-vessel-market.html. Albany, New York (PRWEB) February 08, 2014 The primary function of offshore support vessels is transportation of goods and personnel to and from offshore oil platforms and other offshore structures. Increased...

2014-02-07 08:22:05

DUBLIN, Feb. 7, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/b3thnp/artificial_lift ) has announced the addition of the "Artificial Lift Systems Market by Type, Component & Countries - Trends & Forecast to 2018" report to their offering.(Logo: http://photos.prnewswire.com/prnh/20130307/600769) This report covers the artificial lift component market by key countries, which include U.S., Canada, Russia, China, and Venezuela. It provides detailed...