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Last updated on April 21, 2014 at 10:27 EDT

Latest Petroleum Stories

2014-03-21 08:21:05

HOUSTON, Texas, March 21, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that its pressure pumping operations in the Appalachian region have been negatively impacted by unusually severe weather during the first quarter. We now expect pressure pumping revenues of approximately $240 million for the first quarter, with a margin percentage of approximately 17%. The margin percentage is lower than we had projected as a result of having crews and equipment...

2014-03-21 08:20:11

DUBLIN, Mar. 21, 2014 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/5w2ddc/india_automotive ) has announced the addition of the "India Automotive Engine Oil Market Forecast & Opportunities, 2018" report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769) During the last decade, India witnessed a noteworthy development in the industrial sector. The increasing industrialization and commercialization along with the country's...

2014-03-20 16:23:42

HOUSTON, March 20, 2014 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced today that its monthly report of drilling rig status and contract information has been updated as of March 20, 2014. The report titled "Monthly Fleet Status Report" can be found on the Company's website at www.rowancompanies.com. http://photos.prnewswire.com/prnvar/20120827/DA62568LOGO Notable events in the current report include: -- J.P. Bussell: Awarded an estimated 209 day...

2014-03-20 16:23:34

Production capacity expected to reach 180,000 bbls/d CALGARY, March 20, 2014 /PRNewswire/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has received approval from the Alberta Energy Regulator (AER) for its 100%-owned Grand Rapids thermal oil sands project. The proposed project is located approximately 300 kilometres north of Edmonton, within the company's Greater Pelican Region in northern Alberta. Grand Rapids is expected to have production capacity of 180,000 barrels per day...

2014-03-20 16:23:30

INDIANAPOLIS, March 20, 2014 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT), a leading independent producer of specialty hydrocarbon and fuels products, today announced that members of management will attend the Howard Weil 42(nd) Annual Energy Conference at the Roosevelt Hotel in New Orleans on March 24, 2014. Calumet's latest investor presentation will be provided at this conference. Prior to Calumet's attendance at this conference, the Partnership will...

2014-03-20 16:23:19

THE WOODLANDS, Texas, March 20, 2014 /PRNewswire/ -- Independence Oilfield Chemicals, LLC (IOC) announced today the commercial offering of its new fluid-conveyed ParaFrac(TM) system--a chemical stimulation technology that safely delivers production treating chemicals deep into the reservoir to preemptively treat for costly wax- and asphaltene-related production issues. "Throughout the U.S., paraffin and asphaltene deposits adversely affect the production and economics of many...

2014-03-19 08:24:11

Well Completion Solutions Designed to Mitigate Risk and Reduce Costs HOUSTON, March 19, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) one of the world's largest oilfield service companies, and TMK, one of the world's largest producers of pipes for the oil and gas industry, announced today that they have signed a letter of intent to jointly develop integrated well completion solutions. Targeted at both onshore and offshore fields, the solutions will provide turnkey well...

2014-03-19 08:24:07

WUXI, China, March 19, 2014 /PRNewswire/ -- WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company"), a Chinese manufacturer of API ("American Petroleum Institute") and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG"), and other pipes and connectors, announced the disposals of two subsidiaries, Tuoketuo County Mengfeng Special Steel Co., Ltd. ("Mengfeng") and Liaoyang...

2014-03-19 08:22:17

On a Year-Over-Year Basis, April LNG Prices were up 2.7% SINGAPORE, March 19, 2014 /PRNewswire/ -- Prices of liquefied natural gas (LNG) for April delivery to Asia fell 6.7% to an average $18.113 per million British thermal units (/MMBtu) as the market finally began to cool off following recent historic highs, the latest Platts Japan/Korea Marker (JKM) for month-ahead delivery showed. The data reflects the daily Platts JKM for April assessed between February 16 and March 15 and...

2014-03-18 23:26:03

Growing focus on energy independence is expected to boost shale gas production over the next six years. View Report http://www.grandviewresearch.com/industry-analysis/shale-gas-industry. San Francisco, California (PRWEB) March 18, 2014 The global market for shale gas is expected to reach USD 67.02 billion by 2020, according to a new study by Grand View Research, Inc. Depleting conventional energy reserves across the globe has prompted the industry to shift focus towards developing...


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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