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Latest Petroleum production Stories

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....

2014-06-05 23:05:52

African Well Intervention Services Market focuses on specific application, technology, geography. http://www.micromarketmonitor.com/market/africa-well-intervention-8035766802.html. (PRWEB) June 05, 2014 Africa endows vast quantities of fossil energy resources. Further, the continent has witnessed frequent and substantial new discoveries of oil and gas reserves. In the past 20 years, oil reserves in Africa grew by over 25%, while gas reserves grew over 100%. Africa’s rich oil fields and...

2014-06-05 23:04:34

With more than 4,500 professionals expected to attend (September 15-17 at the Henry B. Gonzalez Convention Center in San Antonio, Texas) and a concurrent midstream program augmenting the upstream topical agenda, attendees will benefit from relevant content and unmatched networking. Houston, Texas (PRWEB) June 05, 2014 Oil and gas producers forecast spending $23-$30 billion in the Eagle Ford region this year. Their CAPEX investments will go toward drilling and completing wells, building...

2014-06-05 16:24:04

LONDON, June 5, 2014 /PRNewswire/ -- Noble Corporation (NYSE:NE) today announced that its report of drilling rig status and contract information has been updated as of June 5, 2014. The report, titled "Fleet Status Report," can be found on the Company's Web site www.noblecorp.com, under the "Investor Relations" section of the Web site. About Noble CorporationNoble is a leading offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries,...

2014-06-05 16:23:18

LONDON, June 5, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:Offshore Drilling Market By Services (Contract Drilling, Directional Drilling, Logging While Drilling), Applications (Shallow Water, Deepwater, Ultra-Deepwater) And Geography-Global Trends & Forecasts To...

2014-06-05 12:33:48

HOUSTON, June 5, 2014 /PRNewswire/ -- Canyon Midstream Partners, LLC ("Canyon") today announced it has entered into gathering and processing agreements with XTO Energy Inc. ("XTO"), a subsidiary of Exxon Mobil Corporation, and Apache Corporation ("Apache") for midstream services on Canyon's James Lake System. In addition, Canyon announced it has expanded its cryogenic gas processing plant in Ector County, Texas (the "James Lake Plant") from 70 million cubic feet per day (MMcf/d) to...

2014-06-05 08:22:36

DUBLIN, June 5, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/qwwt4l/drilling_fluids) has announced the addition of the "North American Drilling Fluids Market Report 2014 - Forecasts to 2019" report to their offering. http://photos.prnewswire.com/prnh/20130307/600769 Drilling fluids play an important role in the drilling process for bore wells, mineral extraction and oil and gas extraction. During drilling, drilling fluids are pumped down the drill...

2014-06-04 16:21:53

DENVER, June 4, 2014 /PRNewswire/ -- Escalera Resources Co. (NASDAQ: ESCR) today announced that it has entered into a letter agreement (the "Letter Agreement') to jointly initiate the development, construction and operations of a gas-to-liquids ("GTL") plant to be located in Cheyenne, Wyoming (the "GTL Plant"). Escalera Resources Co. ("Escalera" or the "Company") and Wyoming GTL, LLC ("WYGTL") will jointly own Escalera GTL, LLC ("EGTL"), through which the initial phase of the GTL...

2014-06-04 12:22:35

HOUSTON, June 4, 2014 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that a subsidiary has received notice of termination of its drilling contract for the mid-water semisubmersible Ocean Vanguard from Statoil ASA, its customer for the rig. The contract provides for a dayrate of approximately $454,000 and was estimated to conclude in accordance with its terms in late February 2015. Diamond Offshore disputes Statoil's basis for terminating the contract and...


Word of the Day
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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