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Latest Petroleum production Stories

2014-06-10 08:22:47

- Four new development projects that will significantly expand Summit Investments' current operating footprint in the Bakken Shale Play DALLAS, June 10, 2014 /PRNewswire/ -- Summit Midstream Partners, LLC ("Summit Investments"), the privately held company that owns and controls the general partner of Summit Midstream Partners, LP (NYSE: SMLP) and also owns a 56.8% limited partner interest in SMLP, today provided a commercial update for its wholly owned operating subsidiary,...

2014-06-09 16:22:19

INDIANAPOLIS, June 9, 2014 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT), a leading independent producer of specialty hydrocarbon and fuel products, today announced its investment as a joint venture partner in the construction of a commercial gas-to-liquids ("GTL") plant that is expected to produce 1,100 barrels per day of refined products, including waxes, drilling fluids, distillate and naphtha, from natural gas. The Lake Charles, Louisiana plant, which...

2014-06-09 16:22:09

DENVER, June 9, 2014 /PRNewswire/ -- Caliber Midstream Partners, L.P. ("Caliber") has appointed R. Poe Reed as President and Chief Executive Officer, effective June 9, 2014. In his role as President and Chief Executive Officer, Mr. Reed will be responsible for the overall leadership of the business as well as the execution of the company vision. He will be based at company headquarters in Denver, CO. Mr. Reed was previously Executive Vice President and Chief Commercial Officer for...

2014-06-09 12:23:11

TULSA, Okla., June 9, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that Michael Mears, chief executive officer, will present at the Credit Suisse MLP and Energy Logistics Conference at 1:15 p.m. Eastern on Tues., June 10 in New York City. A copy of the slide presentation and audio webcast will be available live on the day of the event on the partnership's website at www.magellanlp.com/webcasts.aspx. A replay of the webcast also will be...

2014-06-09 08:23:35

JOHANNESBURG, June 9, 2014 /PRNewswire/ -- Dear stakeholder, Sasol delivered a strong operational performance over the first nine months of the 2014 financial year, notwithstanding a still mixed macroeconomic environment. In the last quarter, oil prices remained flat, compared to both the first six months of the current financial year, as well as the comparable period in the previous year, while Henry Hub natural gas prices have increased slightly. The exchange rate depreciated by 20%...

2014-06-07 23:00:39

This research report categorizes the market for artificial lift components on the basis of lift types, its components and countries; forecasting revenues and analyzing trends in each of the submarkets.(http://www.marketsandmarkets.com/Market-Reports/artificial-lift-systems-market-1263.html) (PRWEB) June 07, 2014 The report “Artificial Lift Systems Market, by Types (ESP, PCP, Rod Lift), by Component (Pump, Motor, Separator, Cable, Pump Jack, Sucker Rod), by Countries (U.S., Canada,...

2014-06-06 16:21:03

HOUSTON, June 6, 2014 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced today that one of its subsidiaries has entered into a two-year drilling contract for the Rowan Relentless, the fourth and final drillship in Rowan's current construction program. The contract is with Freeport-McMoRan Oil & Gas LLC ("FM O&G"), a subsidiary of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), for operations in the U.S. Gulf of Mexico. The contract is...

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...

2014-06-06 08:20:42

Ready to Accept Applications from Spot Shippers TULSA, Okla. and HOUSTON, June 6, 2014 /PRNewswire/ -- BridgeTex Pipeline Company, LLC, a company owned by Magellan Midstream Partners, L.P. (NYSE: MMP) and Occidental Petroleum Corporation (NYSE: OXY), plans to begin the commissioning of the BridgeTex Pipeline in the third quarter of 2014. Given the significant need for crude oil transportation service from the Permian Basin to the Houston Gulf Coast area and in order to accommodate...

2014-06-05 23:13:22

As oil fields mature and unconventional extraction methods gain ground, growth in demand for water treatment and reuse is set to outstrip the wider water services market for oil and gas, according to a new report from GWI. (PRWEB) June 05, 2014 In 2014, the global market for water management services and technologies in the onshore oil and gas industry is estimated to be worth $37.9 billion. This figure is expected to grow at 6% a year, in line with increasing oil and gas production....


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.
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