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2014-07-15 08:23:13

HOUSTON, July 15, 2014 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) has declared a quarterly cash dividend on its common stock of $0.335 per share, or $1.34 per share on an annualized basis. The dividend is payable on Sept. 9, 2014 to shareholders of record at the close of business on August 12, 2014. http://photos.prnewswire.com/prnvar/20061030/CLM051LOGO Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America's leading pipeline and midstream companies....

2014-07-15 08:22:07

LAGOS, Nigeria, July 15, 2014 /PRNewswire/ -- Sahara Group's Upstream Company today announced results of drilling and testing in OPL274, where Sahara holds a 100% working interest. Sahara's upstream affiliate Enageed Resources Ltd completed the third well of a three-well onshore drilling program in the Edo State block and has demobilized its drilling rig, HPEB-187. Sahara's CEO and MD Tonye Cole remarked "Today marks an historic occasion for Sahara Group, for its...

2014-07-15 08:21:55

HOUSTON, July 15, 2014 /PRNewswire/ -- Antelope Oil Tool & Manufacturing Co., LLC ("Antelope") has acquired Advanced Composite Standoff SRL and Advanced Composite Systems SRL ("Advanced Composites"). Led by Dave Levie and Richard Baynham, Advanced Composites is a manufacturer and supplier of composite centralizers and other composite products used primarily in downhole oilfield applications. Its revolutionary Multilayer Composite Centralizer technology combines high wear...

2014-07-14 12:23:06

LONDON, July 14, 2014 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market climbed $26 per metric ton (/mt) in June, up 2% from the previous month and the first price increase in five months, 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 and a top source of...

2014-07-14 08:22:41

HONG KONG, July 14, 2014 /PRNewswire/ -- Anton Oilfield Services Group ("Antonoil" or the "Group", HKEx stock code: 3337), the leading independent oilfield services provider in China, is pleased to announce that the Group commences mobilization and operations of two drilling rigs in Erdos Basin. Through a centralized tender run by a client in the Erdos area early in the year, Antonoil won two annual contracts for these two drilling rigs, both were framework contracts with fixed prices...

2014-07-14 08:21:55

ZUG, Switzerland, July 14, 2014 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) entered into agreements with Rosneft for the sale of the Company's land drilling and workover operations in Russia and Venezuela. The consideration is $500 million in cash. The Russian rig operations include 61 land drilling crews and a fleet of workover rigs, essentially pulling units while the Venezuela operations include 6 land drilling rigs. The rig staffing is approximately 7,800 in Russia...

2014-07-14 04:21:44

Well suspended due to higher-than-expected pressures SINGAPORE and PORT MORESBY, Papua New Guinea, July 14, 2014 /PRNewswire/ -- InterOil Corporation (NYSE, POMSox: IOC) has suspended the Wahoo-1 well in PPL474 in Papua New Guinea after intersecting gas and higher-than-expected pressures that could compromise rig safety. Significant concentrations of methane, ethane, propane and butane have been recorded and are believed to be entering the well bore from permeable zones above the...

2014-07-11 16:21:30

LONDON, July 11, 2014 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) announced today that its board of directors has approved the spin-off of Paragon Offshore plc, a wholly-owned subsidiary of Noble, through a pro rata distribution of an aggregate of 84,753,393 Paragon ordinary shares to the holders of Noble ordinary shares. Noble shareholders will receive one ordinary share of Paragon for every three ordinary shares of Noble held at 5:00 p.m., New York City time, on the record date...

2014-07-11 16:21:23

HOUSTON, July 11, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its 2014 Second Quarter financial results on Wednesday, August 6. The Company expects to issue its earnings report that morning and will follow with a conference call at 10:00 a.m. Central time (11:00 a.m. Eastern time) to review the details of the report. Those interested in listening to the call by telephone may do so by dialing 719-325-2429. Alternatively, the call can...

2014-07-11 16:21:20

HOUSTON, July 11, 2014 /PRNewswire/ -- Paragon Offshore Limited (to be converted to Paragon Offshore plc) ("Paragon"), in preparation for its previously announced spin-off from Noble Corporation plc (NYSE:NE) ("Noble"), announced today the pricing of $500 million aggregate principal amount of Paragon's 6.75% senior unsecured notes due 2022 and $580 million aggregate principal amount of its 7.25% senior unsecured notes due 2024, in a private offering that is exempt from registration...


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
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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