Latest Petroleum Stories

2014-07-21 12:23:27

DALLAS, July 21, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, 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 $0.231299 per unit, payable on August 14, 2014, to unitholders of record on July 31, 2014. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions....

2014-07-21 12:23:15

DALLAS, July 21, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.118511 per unit, payable on August 14, 2014, to unit holders of record on July 31, 2014. This month's distribution increased from the previous month due to both decreased operating expenses and lower capital expenditures offset by slightly decreased production of oil and a reduction of gas produced and...

2014-07-21 08:23:38

HOUSTON, July 21, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement which establishes a joint industry program that includes Anadarko Petroleum Corporation, BP, ConocoPhillips and Shell for the purpose of jointly developing a new generation of standardized subsea production equipment and systems designed to meet the challenges of producing oil and gas from deepwater reservoirs with pressures of up to 20,000 psi and temperatures of...

2014-07-21 08:23:00

MONCTON, NB, July 21, 2014 /CNW/ - Major Drilling is pleased to announce its entry into the underground percussive/longhole drilling sector with its agreement to purchase the operations of Taurus Drilling Services. This business operates in Canada, the U.S. and Mexico, providing underground percussive/longhole drilling to mining company clients. Through this purchase, Major Drilling will acquire 39 drill rigs, together with related equipment, inventory and contracts. In...

2014-07-21 08:21:54

Five-year agreement provides lower-cost domestic crude as part of Delta's fuel cost strategy ATLANTA and DALLAS, July 21, 2014 /PRNewswire/ -- Monroe Energy LLC, a subsidiary of Delta Air Lines (NYSE: DAL), has entered into a five-year agreement with Bridger, LLC, a leading midstream energy company, to supply 65,000 barrels of domestic crude oil daily to its refinery in Trainer, Pa. http://photos.prnewswire.com/prnvar/20090202/DELTALOGO The agreement, which will supply about...

2014-07-19 23:01:28

Transparency Market Research has announced the addition of the "Global Oil Storage Market: Industry Analysis, Size, Share, Growth and Forecast 2019" report to their offering. Browse the full report: http://www.transparencymarketresearch.com/oil-storage-market.html. Albany, New York (PRWEB) July 19, 2014 Global oil storage market is composed of many small independent owners and will experience growth in the coming future. This can be attributed to the demand for oil storage which...

2014-07-18 12:22:22

HOUSTON, July 18, 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 July 18, 2014. The report titled "Monthly Fleet Status Report" can be found on the Company's website at www.rowancompanies.com. Logo - http://photos.prnewswire.com/prnh/20120827/DA62568LOGO Notable events in the current report include: -- Rowan Renaissance: Rig is currently...

2014-07-17 16:21:53

DENVER, July 17, 2014 /PRNewswire/ -- Antero Resources (NYSE: AR) ("Antero" or the "Company") announced today second quarter 2014 operational highlights and an increase in its firm transportation position. http://photos.prnewswire.com/prnvar/20131101/LA09101LOGO -- Second quarter 2014 average net daily gas equivalent production was 891 MMcfe/d, a 94% increase over the prior year quarter and a 13% increase sequentially -- Second quarter 2014 average net daily...

2014-07-17 12:24:00

ALBANY, New York, July 17, 2014 /PRNewswire/ -- Transparency Market Research has released a new market report titled "CO2 EOR Market - Permian Basin Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019." According to the report, the CO2 EOR market in the Permian Basin accounted for 195,000 barrels per day in 2012 and is anticipated to reach 329,069 barrels per day in 2019, expanding at a CAGR of 7.0% from 2013 to 2019. Browse the full CO2 EOR Market...

2014-07-17 08:24:08

DALLAS, July 17, 2014 /PRNewswire/ -- RSP Permian, Inc. ("RSP" or the "Company") (NYSE: RSPP) today announced second quarter production, an increase to its previous production and capital expenditure outlook for 2014, an increase in its horizontal inventory, an expanded borrowing base under its credit facility, updated hedging and liquidity positions, and an update to its drilling operations. Highlights -- Strong Production Growth - Q2 2014 average daily production increased...

Latest Petroleum Reference Libraries

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
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'