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Last updated on April 23, 2014 at 1:22 EDT

Latest Petroleum Stories

2014-04-15 08:22:25

HOUSTON, April 15, 2014 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced it has appointed Amerr Mahgoub as Vice President, Middle East Business Development. As the leader of Flotek's Middle Eastern business development and marketing team, Mahgoub will focus on development of new and existing markets for Flotek, including the development of markets served by the Flotek-Gulf Energy joint venture based in the Sultanate of Oman and the...

2014-04-14 12:24:42

CUT BANK, MT, April 14, 2014 /PRNewswire/ - Mountainview Energy Ltd. ("Mountainview" or "the Company") (TSXV: MVW) is pleased to announce significant 2013 year end reserve growth, highlighting success at the 12 Gage Three Forks play, for the year ended December 31, 2013. Selected reserve information is outlined below and should be read in conjunction with Mountainview's upcoming audited financial statements and related management discussion and analysis, which will be made...

2014-04-14 12:24:10

DENVER, April 14, 2014 /PRNewswire/ -- -- First quarter 2014 average net daily gas equivalent production is estimated to be 783 to 787 MMcfe/d, a 105% increase over the prior year quarter and 16% sequentially -- First quarter 2014 average net daily liquids production is estimated to be 16,000 to 16,500 Bbl/d, a 580% increase over the prior year quarter and 45% sequentially -- First quarter 2014 average realized natural gas price before hedging...

2014-04-14 12:23:51

HOUSTON, April 14, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue. FMC Technologies' scope of supply includes subsea manifolds, associated controls and connection equipment as well as key controls and connection components for subsea production trees. The Shah Deniz field is located...

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...


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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