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Last updated on April 20, 2014 at 21:20 EDT

Latest Petroleum production Stories

2014-01-24 23:22:54

The FT Synthesis, the heavy duty Nueman & Esser (NEA) compressors, a 3-Stage Aerzen Compressor, and associated power and processing equipment are a focus of the global oil and gas industry and its rapid expansion. Freiberg, Germany (PRWEB) January 24, 2014 Faith Asset Management Germany GmbH & Co. KG (FAM Germany), in conjunction with Niagara Worldwide, announces the orderly sale of all equipment at the former CHOREN Fischer-Tropsch Synthesis Refinery in Freiberg, Germany to make...

2014-01-24 12:21:02

BEDFORD, Texas, January 24, 2014 /PRNewswire/ -- PetroTech Oil and Gas Inc. (OTC: PTOG) (the "Company" or Petrotech") today announces the current Brown has recently been revaluated by a geologist that specializes in the Nowata, Oklahoma area and the company has initiated an expansion of the original development plan for the lease. The current evaluation disclosed a well-known oil-producing zone under the lease. The proposed 18 well drilling program will also include five of...

2014-01-23 23:20:38

GIA announces the release of a trend report on Artificial Lifts. Market for Artificial Lifts is projected to witness strong growth driven by increasing investments in petroleum exploration and drilling activities worldwide. San Jose, California (PRWEB) January 23, 2014 Follow us on LinkedIn – Artificial lifts facilitate in improving liquid flow out of wells through artificial means. Mature and aging wells especially require artificial lifting due to insufficient pressure for pushing up...

2014-01-23 23:20:30

GIA announces the release of a trend report on Drill Bits. Market for Drill Bits is expected to witness steady growth led by rising investments in drilling and mechanical projects. San Jose, California (PRWEB) January 23, 2014 Follow us on LinkedIn – Drilling continues to be an essential component of several mechanical projects and processes. The most important part of a drilling process is the drill bit, a powerful cutting tool designed for creating cylindrical holes, usually with a...

2014-01-23 12:24:05

Contract Win Places Company's Leading Technology and Equipment in Russia for First Time LEHIGH VALLEY, Pa., Jan. 23, 2014 /PRNewswire/ -- Air Products (NYSE: APD), the global leader in liquefied natural gas (LNG) technology and equipment, today announced it has signed an agreement with a consortium including Technip and JGC Corporation to implement the Yamal LNG Project. The LNG plant under construction on the Yamal Peninsula will mark the first time Air Products deploys its...

2014-01-22 16:22:32

HOUSTON, Jan. 22, 2014 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) announced today that it has published the January Fleet Status Report ("the Report"). The Report includes the Hercules Offshore Rig Fleet Status (as of January 22, 2014), which contains detailed contract information for each of the Company's drilling rigs. The Report also includes the Hercules Offshore Liftboat Fleet Status Report, which contains information by liftboat class for December 2013, including...

2014-01-22 16:21:01

LONDON, Jan. 22, 2014 /PRNewswire/ -- Noble Corporation (NYSE: NE) today reported fourth quarter 2013 net income of $174 million, or $0.68 per diluted share. Results for the fourth quarter included an after tax charge of $36 million, or $0.14 per diluted share, relating to an impairment taken on the FPSO Seillean. Excluding the impairment charge, net income for the fourth quarter would have totaled $210 million, or $0.82 per diluted share. For the third quarter of 2013, the Company...

2014-01-22 12:21:30

HOUSTON, Jan. 22, 2014 /PRNewswire/ -- Gastar Exploration, Inc. (NYSE MKT: GST) ("Gastar") announced today that its stockholders voted to approve the merger of Gastar with and into its subsidiary, Gastar Exploration USA, Inc., a Delaware corporation ("Gastar USA"), as part of a reorganization to eliminate Gastar's holding company corporate structure. Gastar and Gastar USA anticipate that the merger will be completed on or before January 31, 2014. J. Russell Porter, Gastar's...

2014-01-21 23:03:54

Attendees Have Unique Opportunity to Establish Partnerships Needed to Lay the Groundwork for the Next Round of Deals in the Midstream Sector Woodland Hills, CA (PRWEB) January 21, 2014 Building on successful Midstream Summits since 2007, Infocast has announced their 8th Annual Midstream Summit, scheduled on February 18-20, 2014 which will take place in Houston, Texas. Surging U.S. crude oil and natural gas production from unconventional resource plays is driving unprecedented demand for...

2014-01-21 20:20:43

DENVER, Jan. 21, 2014 /PRNewswire/ -- QEP Midstream Partners, LP (NYSE: QEPM) today announced that it will host a teleconference and webcast to discuss its fourth quarter and full year 2013 results beginning at 11:00 a.m. EST (9:00 a.m. MST) on Wednesday, February 26, 2014. QEPM will issue a combined fourth quarter financial and operations press release Tuesday, February 25, 2014 after the market closes. (Logo: http://photos.prnewswire.com/prnh/20130904/LA74347LOGO) The conference...