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Latest Petroleum reservoir Stories

2010-06-14 08:28:00

HOUSTON, June 14 /PRNewswire-FirstCall/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced a $1 million donation to support petrophysics research at the University of Oklahoma Mewbourne School of Petroleum and Geological Engineering (MPGE). The donation will support the newly named Apache Petrophysics Research Center, including measurement of petrophysical properties of conventional and unconventional reservoirs such as tight gas sands and gas shales. "This donation links Apache's...

2010-03-10 06:25:00

NYSE Amex: BQI CALGARY, March 10 /PRNewswire-FirstCall/ - Oilsands Quest Inc. (NYSE AMEX:BQI) ("OQI" or "the Company") is evaluating the potential to develop its Axe Lake oil sands discovery in northwestern Saskatchewan using typical steam-assisted gravity drainage (SAGD) technology. OQI recently drilled 16 core holes across Axe Lake reservoirs to improve the understanding of the overburden characteristics and to test the potential for the overburden to act as a cap rock to contain steam...

2010-02-26 10:30:00

HOUSTON and ARMONK, N.Y., Feb. 26 /PRNewswire-FirstCall/ -- Shell (NYSE: RDSA) and IBM (NYSE: IBM) today announced a research collaboration that aims to extend the life of oil and natural gas fields. Shell sees potential to reduce the time and money required to model its reservoirs. IBM's long-standing analytics and simulation experience will meet Shell's strong subsurface and reservoir expertise to create a more efficient, more accurate picture of energy recovery. (Photo:...

2009-11-10 06:25:00

CUSIP # 678046 10 3 NYSE Amex: BQI CALGARY, Nov. 10 /PRNewswire-FirstCall/ - Oilsands Quest Inc. (NYSE AMEX:BQI) (the "Company) is providing an update on its Reservoir Testing Program and announcing its participation at the Canadian Heavy Oil Association conference on November 10th, 2009. In order to optimize a recovery process best suited to our reservoir, we have commenced field testing at our Axe Lake Test Sites. Our advanced laboratory studies and numerical reservoir...

2009-10-14 07:00:00

DENVER, Oct. 14 /PRNewswire-FirstCall/ -- Gasco Energy, Inc. (NYSE Amex: GSX) today announced detailed information on its California projects and provided an interim operations update on its Riverbend Project in Utah's Uinta Basin. California Projects - San Joaquin Basin Gasco's San Joaquin Basin leasehold interest as of September 15, 2009 is approximately 24,164 gross acres (19,215 net) in Kern and San Luis Obispo Counties of Southern California. The Company has secured industry...

2009-09-29 08:00:00

PASADENA, California, September 29 /PRNewswire-FirstCall/ -- - Buckingham Group and ViaLogy Finalize Three Reservoir Prospects - Additional Customer Contracts Signed - Major DOD Contract Win with Partner SAIC ViaLogy PLC (LSE: VIY) announces that it has finalized Project Agreements for three onshore oil prospects under a multi-site services contract with The Buckingham Group of San Angelo, Texas. The contract covers the use of ViaLogy's QuantumRD(TM) patented technology,...

2009-09-18 13:42:19

Heat-loving bacteria found in sediment in the Arctic Ocean could target undiscovered oil and gas reserves, scientists in Canada said. The thermophilic bacteria found off the Norwegian island of Spitsbergen are genetically similar to bacteria found at hot offshore oil reservoirs, said university researcher Casey Hubert, who led the investigation with the Max Planck Institute for Marine Biology in Germany. The Spitsbergen bacteria were found as dormant spores, which likely were transported to...

2009-07-07 15:31:00

HOUSTON, July 7 /PRNewswire-FirstCall/ -- Noble Energy, Inc. (NYSE: NBL) announced today results from its Tamar appraisal well, known as Tamar-2, offshore Israel in the Matan license. At a total depth of 16,880 feet and in 5,530 feet of water, the well is located approximately 3.5 miles northeast of the original discovery, Tamar-1. Drilled on the flank of the structure with the intent of confirming reservoir quality and continuity, the appraisal was also designed to confirm the projected...

2009-04-06 08:00:00

Report on initial tests performed at Quriyana-1 well BOGOTA, Colombia, April 6 /PRNewswire-FirstCall/ -- Ecopetrol S.A. (BVC: ECOPETROL, NYSE: EC) announced the confirmation of oil discovery at the Quriyana-1 well, located in the municipality of Orito, province of Putumayo, Colombia. (Logo: http://www.newscom.com/cgi-bin/prnh/20090209/ARM001LOGO ) Ecopetrol began drilling into the Quriyana-1 exploratory well on November 5, 2008 and reached a total depth of 8.445 feet (nearly 2.5...

2009-03-02 11:08:00

EDMONTON, March 2 /PRNewswire-FirstCall/ - Wavefront Energy and Environmental Services Inc. ("Wavefront"), a world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration is pleased to announce that a Calgary-based, oil and gas producer will apply Powerwave in a commercial project located in Saskatchewan. Wavefront President and CEO Brett Davidson stated, "Fractured oil reservoirs represent a challenging environment for secondary oil...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.