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2014-10-13 04:20:42

HONG KONG, Oct. 13, 2014 /PRNewswire/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that its Enping 24-2 oilfield has commenced production. Enping 24-2 oilfield is located in the Pearl River Mouth Basin of the South China Sea with an average water depth of approximately 86~96 meters. The main production facilities include one drilling and production platform, one floating production storage and offloading unit (FPSO) and 17 producing wells....

2014-10-13 04:20:36

Lackluster Derivative Demand, Falling Crude and Naphtha Prices LONDON, Oct. 13, 2014 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market continued to fall in September, following the drop in upstream energy prices, according to the just-released monthly Platts Global Petrochemical Index (PGPI). The PGPI is a benchmark basket of seven widely used petrochemicals and is published by Platts, a leading global energy, petrochemicals and metals information provider...

2014-10-10 08:21:27

FORT WORTH, Texas, Oct. 10, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of September 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 71,800 producing a rig utilization rate of 71%, compared to 74% and 69% in August 2014 and September 2013, respectively. During the month, Basic's fluid service truck count increased by 21 to 1,045. Fluid...

2014-10-10 08:21:25

- Well count increases 5.4% compared to the third quarter 2013 HOUSTON, Oct. 10, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the U.S. onshore well count for the third quarter 2014 was 9,566 wells, up 110 wells or 1% compared to the second quarter 2014. Compared to the third quarter 2013, the well count was up 491 wells or 5%. Compared to the second quarter 2014, the well count increased most notably in the Williston (up 45 wells or 7%),...

2014-10-09 20:20:41

Production Surpassed Average 69 Billion Cubic Feet Per Day In the Lower 48 DENVER, Oct. 9, 2014 /PRNewswire/ -- Natural gas production in the lower 48 United States averaged 69.1 billion cubic feet per day (Bcf/d) in September, breaking its previous monthly average high for the ninth consecutive month, according to Bentek Energy®, an analytics and forecasting unit of Platts. The September production rate was up 4.8 Bcf/d from the same month one year ago. On September 15(th),...

2014-10-09 16:23:02

LONDON, Oct. 9, 2014 /PRNewswire/ -- Noble Corporation (NYSE: NE) today announced that its report of drilling rig status and contract information has been updated as of October 9, 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. The Company owns and operates one of the...

2014-10-09 16:22:50

LONDON, Oct. 9, 2014 /PRNewswire/ -- About Independent Lubricant ManufacturersIndependent lubricant manufacturers are those that do not have their own refineries; they source base oil from suppliers. The major suppliers of base oil for independent lubricant manufacturers are oil refineries and petroleum companies. Independent lubricant manufacturers process these oils with additives to produce lubricants that are specialized and used for niche applications. They focus mainly on the...

2014-10-09 12:23:03

Production Surpassed Average 69.0 Billion Cubic Feet Per Day In the Lower 48 DENVER, Oct. 9, 2014 /PRNewswire/ -- Natural gas production in the lower 48 United States averaged 69.1 million cubic feet per day (Bcf/d) in September, breaking its previous monthly average high for the ninth consecutive month, according to Bentek Energy®, an analytics and forecasting unit of Platts. The September production rate was up 4.8 Bcf/d from the same month one year ago. On September 15(th),...

2014-10-09 12:21:05

Event to Highlight Advanced Auto Technology Being Developed To Increase Fuel Economy & Reduce Greenhouse Gas Emissions ANN ARBOR, Mich., Oct. 9, 2014 /PRNewswire-USNewswire/ -- A variety of advanced technology vehicles and components including clean diesel, electric vehicles, hybrid and alternative fuels will be highlighted today at the Environmental Protection Agency's (EPA) 2014 Vehicle Technology Showcase. http://photos.prnewswire.com/prnvar/20120201/MM46474LOGO The event is being held at...

2014-10-09 08:21:44

HOUSTON, Oct. 9, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a long term frame agreement with Wintershall Norge AS to supply subsea production systems for its developments offshore Norway. The first call-off under the frame agreement, covering subsea equipment for Wintershall's Maria field, has been awarded. This initial call-off has an estimated value of $280 million in revenue. The frame agreement expands FMC Technologies' already...


Latest Petroleum Reference Libraries

0_2d32b95d634235dd48b1f1b3e5949a2e
2010-10-07 16:05:32

The Seismometer is an instrument designed to measure the motions of the ground. This includes seismic waves generated by earthquakes, nuclear explosions, and other seismic sources. Records of these activities allow seismologists to map the interior of the Earth, and locate and measure the size of the different sources. There are also seismographs, which is sometimes used in place of the word seismometer. However, a seismograph is the older instrument in which the measuring and recording...

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Word of the Day
ambsace
  • Bad luck; misfortune.
  • The smallest amount possible or the most worthless thing.
The word 'ambsace' comes from a Latin word meaning 'both'.