Quantcast

Latest Petroleum production Stories

2014-05-23 12:22:23

HOUSTON, May 23, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE:PKD), an international provider of contract drilling and drilling-related services and rental tools to the energy industry, acquired a 1500 horsepower posted barge rig for its Gulf of Mexico drilling fleet in a transaction valued at approximately $12.25 million, using cash on hand. Built in 2011, the ready-to-work rig features drilling depth capacity of 18,000 feet, a top drive, three mud pumps, and living quarters...

2014-05-23 08:21:59

SALT LAKE CITY, May 23, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN), today announced that it has completed the flow portion of the dynamic reservoir test on the Tuchola-4K well located on its Edge license in north central Poland, where the Company holds 100% working interest. The well produced at a steady rate of approximately 15 million cubic feet of gas per day (Mmcf/d) and flared a total of 60 Mmcf over a four day period. The flow rate and the flowing wellhead pressure...

2014-05-22 23:02:59

Drilling and completion fluids are one of the key requirements for any drilling activity; offshore or onshore. http://www.micromarketmonitor.com/market-report/drilling-fluid-completion-fluid-reports-8062354106.html (PRWEB) May 22, 2014 The oil and gas drilling process generates two primary types of waste, namely drill cuttings and used drilling fluids. Most of the waste associated with oil and gas drilling activities can cause significant hazards to the environment. Hence, these need to...

2014-05-22 20:20:58

$150 Million Initial Commitment Refinances Debt and Funds 2014 Marcellus Shale Growth Program ST. MARYS, W. Va., May 22, 2014 /PRNewswire/ -- Trans Energy, Inc. (OTCQB: TENG), a pure play Marcellus Shale exploration and production company, today announced that its subsidiary, American Shale Development, Inc. ("ASD"), closed on a new credit facility with Morgan Stanley Capital Group Inc. ("Morgan Stanley") in the amount of $200 million. The facility closed and an initial amount of...

2014-05-21 23:04:37

The key market drivers for drilling and completion fluids are rapidly growing energy demand and exploration of hydrocarbons on new frontiers. http://www.micromarketmonitor.com/market-report/drilling-fluid-completion-fluid-reports-8062354106.html (PRWEB) May 21, 2014 Drilling and completion fluids are one of the most essential requirements for any drilling activity, whether carried onshore or offshore. The main purpose in using drilling and completion fluids is to provide lubrication,...

2014-05-21 08:24:02

DUBLIN, May 21, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/77745m/wireline_services) has announced the addition of the "Global Wireline Services Market by Type (Logging, Well Intervention, Completion), & Geography (Asia-Pacific, Europe, Middle East, Africa, North America, South America) - Forecast to 2019" report to their offering. http://photos.prnewswire.com/prnh/20130307/600769 Wireline services are used for a wide range of purposes. The...

2014-05-20 23:16:17

OrcaFlex Software for Riser Analysis Now Being Offered by Stewart Technology Houston, TX (PRWEB) May 20, 2014 Risers are integral to the oil and gas industry. These conduits are responsible for transferring materials from the seafloor to drilling facilities atop the water's surface. Risers can also transfer materials from the drilling facility to the seafloor. Because they are so essential to the oil and gas industry, companies need the assistance of engineering firms to ensure proper...

2014-05-20 23:11:14

This report provides a comprehensive review of the major market drivers, restraints, opportunities, winning imperatives, and key burning issues of the oil and gas accumulators market (http://www.marketsandmarkets.com/Market-Reports/oil-gas-accumulator-market-84277665.html). (PRWEB) May 20, 2014 The report “Oil and Gas Accumulators Market by Type (Bladder, Diaphragm and Piston), Application (Blowout Preventer, Mud Pumps and Offshore rigs), Geography - Global Trends & Forecast to...

2014-05-20 23:03:05

Africa Waste Management in Drilling Market is segmented on basis of applications, geographies and equipment. http://www.micromarketmonitor.com/market/africa-waste-management-in-drilling-4395511170.html (PRWEB) May 20, 2014 Within Africa, countries such as Nigeria and Angola are the most advanced countries where effective drilling waste management practices are implemented. Increasing offshore activities in the region will drive the waste services industry growth at a CAGR of 13.0% between...

2014-05-20 23:02:09

Buyers of drilling bits have moderate negotiating power with suppliers due to weakened demand as a result of the recent global economic crisis; however, bulk purchases can provide buyers potential cost savings. For these reasons and to help procurement professionals make better buying decisions faster, business intelligence firm IBISWorld has added a report on the procurement of drilling bits to its growing collection of procurement category market research reports. Los Angeles, CA (PRWEB)...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
Related