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2014-07-31 08:26:19

HOUSTON, July 31, 2014 /PRNewswire/ -- Ultra Petroleum Corp. (NYSE: UPL) today reported financial and operating performance for the second quarter of 2014. Highlights for the quarter include: -- Earnings of $81.2 million, or $0.52 per diluted share - adjusted((2)) -- Generated operating cash flow((1)) of $145.1 million, or $0.94 per diluted share -- Produced 58.5 Bcfe of natural gas and oil -- Increased oil production 154 percent year over year -- Generated...

2014-07-31 08:24:18

SAN ANTONIO, July 31, 2014 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended June 30, 2014. Highlights include: -- Production Services Segment revenue was $132.3 million in the second quarter, up 9% from the prior quarter. -- Well servicing rigs achieved a 101% utilization rate and an average hourly rate of $648. -- Drilling rig utilization is currently 90%, with 42 of our 56 working...

2014-07-31 04:22:06

Conference Call Scheduled for Today, 10:30 a.m. Central Time HOUSTON, July 31, 2014 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today reported net income of $23.0 million, or $1.00 per share, on revenues of $176.6 million for the quarter ended June 30, 2014. Logo - http://photos.prnewswire.com/prnh/20120503/MM00528LOGO President and CEO Gary Kolstad commented, "The CARBO production enhancement business, based upon our Design, Build, and Optimize the Frac(TM) technologies, strengthened in...

2014-07-31 04:21:08

CALGARY, July 31, 2014 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating and unaudited financial results for the three and six months ended June 30, 2014. HIGHLIGHTS -- Achieved average production of 52,089 boe/d during the second quarter of 2014, an increase of 12% as compared to 46,677 boe/d in the prior quarter and an increase of 22% compared to 42,813...

2014-07-31 00:20:44

CAMARILLO, CA, July 30, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company") (TSX: BKX) is pleased to announce that its indirect wholly owned subsidiary BNK Petroleum (US) Inc. ("BNK US") has obtained a new US$100,000,000 credit facility ("new facility") from Morgan Stanley Capital Group Inc. ("MSCGI"). The initial commitment amount of the new reserve-based facility is US$15,900,000. The proceeds from the new facility are intended to fund drilling of Caney shale oil wells in...

2014-07-30 23:08:12

GrandViewResearch.com has announced the addition of "Global Bitumen Market Analysis and Segment Forecasts to 2020" market research report to their database. View full report with TOC - http://www.grandviewresearch.com/industry-analysis/bitumen-market San Francisco, California (PRWEB) July 30, 2014 The global market for bitumen is expected to reach USD 95.77 billion by 2020, according to a new study by Grand View Research, Inc. Bitumen, primarily used in road construction...

2014-07-30 16:31:39

CALGARY, July 30, 2014 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") is pleased to report its second quarter 2014 operating and financial results. Second quarter production averaged a record 110,165 boe per day and funds from operations were a record $295.8 million ($0.93 per share). ARC's unaudited Condensed Interim Consolidated Financial Statements and Notes, as well as ARC's Management's Discussion and Analysis ("MD&A") for three and six months ended June 30, 2014 and...

2014-07-30 16:25:12

LONDON, July 30, 2014 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today reported second quarter 2014 net income of $235 million, or $0.91 per diluted share, compared to $256 million, or $0.99 per diluted share, for the first quarter of 2014. For the second quarter of 2013, net income totaled $177 million, or $0.69 per diluted share. Results for the second quarter of 2013 included $18 million, or $0.06 per diluted share, related to cancellation of a contract awarded to a jackup...

2014-07-30 16:25:11

HOUSTON, July 30, 2014 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that the company has finalized a 2 1/2 year contract with Rosneft Oil Company, in conjunction with North Atlantic Drilling Ltd., for the provision of the jackup drilling rig Energy Endeavour. According to the agreement, any break rights expire after 100 days, after which the contract will commence in direct continuation upon the release of the rig by the current client. The company...

2014-07-30 16:24:27

BOSTON, July 30, 2014 /PRNewswire/ -- ArcLight Capital Partners, LLC ("ArcLight") announced today that Republic Midstream, LLC ("Republic Midstream"), a newly-formed portfolio company, executed agreements with Penn Virginia Corporation (NYSE: PVA; "Penn Virginia") to construct and operate a crude oil gathering system, a central delivery terminal complex and an intermediate takeaway pipeline to serve Penn Virginia's prolific acreage position in the Eagle Ford Shale. The long-term,...


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
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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