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2014-09-22 12:22:29

DUBLIN, Sept. 22, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Offshore Drilling Market by Services, Applications & by Geography - Global Trends & Forecasts to 2019" report to their offering. http://photos.prnewswire.com/prnvar/20130307/600769 Offshore drilling market has been witnessing high growth, due to increase demand and high oil prices in the international market.Exploration and development activities offshore have been increasing owing to...

2014-09-22 08:23:38

THE WOODLANDS, Texas, Sept. 22, 2014 /PRNewswire/ -- Newfield Exploration Company (NYSE: NFX) today closed on the sale of its Granite Wash assets. As previously announced, the purchase price was $588 million (after-tax proceeds were approximately $582 million). Proceeds will be used to call Newfield's 7(1/8 )% Senior Subordinated Notes due 2018. As a result of the sale, Newfield adjusted its 2014 production guidance and provided an estimate for its Granite Wash volumes in 2014-16....

2014-09-22 00:20:32

CAMARILLO, CA, Sept. 21, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is pleased to announce that Ray W. Payne has joined the Company as Vice President U.S. Operations. Mr. Payne has extensive unconventional experience and has held various engineering and management positions in North, South and East Texas, North Louisiana, the Permian Basin, the Rocky Mountain Regions as well as offshore Gulf of Mexico. He has held senior-level positions with large...

2014-09-21 23:02:42

ReportsnReports.com adds “2014 Market Research Report on Global Gas-to-liquid (GTL) Industry” market research report to its store. Dallas, Texas (PRWEB) September 21, 2014 The Global Gas-to-liquid (GTL) Industry is a professional and in-depth study on the current state of the Gas-to-liquid (GTL) industry in Global. The report provides a basic overview of the industry, including definitions, applications and industry chain structure. Global market analysis and Chinese domestic market...

2014-09-19 12:22:29

3D seismic uncovers two geo structures with a potential of 300,000 Barrels of Crude Oil. NEWCASTLE, Wyo., Sept. 19, 2014 /PRNewswire-iReach/ -- Kingdom Exploration, LLC. announced its purchase of working interest in the Roaring Fork Project with plans to drill two (2) wells in Graham County, Kansas to an approximate depth of 3,900'. With the use of proprietary 3D seismic our geophysicists discovered two structures with a potential of 300,000 producible barrels of oil. Photo -...

2014-09-19 12:22:16

DALLAS, Sept. 19, 2014 /PRNewswire/ -- Southwest Bank, as Trustee of the Cross Timbers Royalty Trust (NYSE - CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.269639 per unit, payable on October 15, 2014, to unitholders of record on September 30, 2014. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions. Underlying Sales...

2014-09-19 12:22:14

DALLAS, Sept. 19, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.094779 per unit, payable on October 15, 2014, to unit holders of record on September 30, 2014. This month's distribution decreased from the previous month due to increased capital expenditures relating to the drilling in July of the initial two vertical wells of the 2014 program for the Waddell Ranch....

2014-09-19 08:23:06

Production from Prolific Shale Plays Up 31.5% Compared to Year Ago Levels DENVER and HOUSTON, Sept. 19, 2014 /PRNewswire/ -- Oil production from shale formations in North Dakota and Texas increased by more than 78,000 barrels per day (b/d) in August or 3.1% in August, according to Bentek Energy, an analytics and forecasting unit of Platts, a leading global provider of energy, petrochemicals, metals and agriculture information. The latest data shows that South Texas, Eagle Ford oil...

2014-09-19 08:22:18

HOUSTON, Sept. 19, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that one of its subsidiaries has entered into an agreement to acquire the Texas-based pressure pumping assets of a privately held company. The acquisition includes 143,250 horsepower of hydraulic fracturing equipment, which was manufactured in 2011 and 2012, and provides Patterson-UTI with two additional bases of operations and employees to support customer activity in the Eagle Ford and...

2014-09-19 00:20:27

LONDON, September 19, 2014 /PRNewswire/ -- As HPHT wells become more prevalent throughout the global oil and gas industry, the need to master the methodology behind the most costly and technically demanding drilling and completions projects in the world grows also. Industry-leading operators and technology providers will be speaking at the 10th Annual HPHT Wells Summit, a two-day conference providing a 360 degree overview of the techniques used to implement and optimise...


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
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.