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Last updated on April 19, 2014 at 13:20 EDT

Latest Petroleum Stories

2014-04-14 12:22:55

HOUSTON, April 14, 2014 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced the completion of its Blades 33H-1 (66.7% WI) well in Tangipahoa Parish, Louisiana. The well has achieved a peak 24-hour average production rate to date of 1,270 barrels of oil equivalent ("BOE") per day, comprised of 1,250 barrels of oil and 115 Mcf of gas on a 14/64 inch choke from an approximate 5,000 foot lateral. The well landed in the Company's lower target, was drilled and...

2014-04-14 12:20:51

LOVELAND, Colo., April 14, 2014 /PRNewswire/ -- VanDyne SuperTurbo(TM) Inc. has completed a Series C equity financing round of $15 million. The round was led by Northwater Capital's Intellectual Property Fund with participation by existing investors in the Company. Proceeds from the financing are being invested into the final phase of commercialization of the SuperTurbo(TM) technology. The SuperTurbo(TM) technology integrates the functions of supercharging and turbocharging into a...

2014-04-13 23:00:28

Kurdistan region 'Iraq', — Iraq's largely autonomous Kurdistan region opened the doors to a joint venture refinery operation between Black Diamond Oil Co. and the Rezhwan Co. The new oil refinery will start refining Taq Taq crude oil next week with 1,500 tons being refined on a daily bases. Erbil Kurdistan (PRWEB) April 13, 2014 Kurdistan region 'Iraq', — Iraq's largely autonomous Kurdistan region opened the doors to a joint venture refinery operation between...

2014-04-11 08:25:20

DUBLIN, Apr.11, 2014 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/dgnkhn/fracking ) has announced the addition of the "Fracking Chemicals and Fluid Market by Fluid & Well Type, and by Chemicals - Global Trends & Forecasts to 2018" report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769) Fracking (hydraulic fracturing) is the propagation of fractures through layers of rock using pressurized fracturing fluid . This...

2014-04-11 08:21:13

- Well count increases 4% compared to the first quarter 2013 HOUSTON, April 11, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the U.S. onshore well count for the first quarter 2014 was 8,853 wells, down 230 wells or 3% compared to the fourth quarter 2013. Compared to the first quarter 2013, the well count was up 319 wells or 4%. Due to improved drilling efficiencies, the average US onshore drilling rig now produces 3% more wells compared to the same...

2014-04-10 23:26:12

The fracking fluids market revenue will grow to $20.4 billion by 2018, with a CAGR of 9.6% from 2013 to 2018. http://www.marketsandmarkets.com/Market-Reports/fracking-chemicals-fluid-market-1317.html (PRWEB) April 10, 2014 The report "Fracking Chemicals and Fluid Market by Fluid & Well Type, and Chemicals (Acid, Surfactant, Biocide, Gelling Agent, Cross Linker, Breaker, Scale & Corrosion Inhibitor, Clay & Iron Control, Friction Reducer) — Global Trends & Forecasts...

2014-04-10 23:04:59

CTi reports strongest fiscal quarter for revenue generation and sales backlog Los Angeles, CA (PRWEB) April 10, 2014 Cavitation Technologies, Inc. ("CTi") (CVAT) (Berlin & Stuttgart: WTC) has just completed the third quarter of its fiscal year 2014 and is pleased to report that the Company generated its strongest quarter to date in regards to revenues and sales back log. As previously stated, CTi projected third quarter revenues of $1.2 to $1.3 million and expects the final...

2014-04-10 16:22:04

LONDON, April 10, 2014 /PRNewswire/ -- Noble Corporation (NYSE:NE) today announced that its report of drilling rig status and contract information has been updated as of April 10, 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 Corporation Noble is a leading offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries,...

2014-04-10 16:21:25

Down 550,000 Barrels Per Day from February on Saudi, Iraqi and Libyan Cuts LONDON, April 10, 2014 /PRNewswire/ -- Platts - Oil production from the Organization of the Petroleum Exporting Countries (OPEC) plunged 550,000 b/d from February to 29.56 million b/d in March -- its lowest level since mid-2011 -- according to the latest Platts survey of OPEC and oil industry officials and analysts. The decline followed February production of 30.11 million b/d and was mainly attributable to...

2014-04-10 12:29:57

DUBLIN, Apr. 10, 2014 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/xsbjkr/drilling_fluids ) has announced the addition of the "Drilling Fluids (Drilling Mud) Market & Completion Fluids Market by Types, Application Areas & Geography - Forecast to 2018" report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769) Drilling fluids and completion fluids are critical for any drilling and exploration activity carried onshore or...


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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