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2014-09-19 12:22:29

3D seismic uncovers two geo structures with a potential of 300,000 Barrels of Crude Oil. NEWCASTLE, Wyo., Sept. 19, 2014 /PRNewswire-iReach/ -- Kingdom Exploration, LLC. announced its purchase of working interest in the Roaring Fork Project with plans to drill two (2) wells in Graham County, Kansas to an approximate depth of 3,900'. With the use of proprietary 3D seismic our geophysicists discovered two structures with a potential of 300,000 producible barrels of oil. Photo -...

2014-09-19 12:22:16

DALLAS, Sept. 19, 2014 /PRNewswire/ -- Southwest Bank, 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 $0.269639 per unit, payable on October 15, 2014, to unitholders of record on September 30, 2014. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions. Underlying Sales...

2014-09-19 12:22:14

DALLAS, Sept. 19, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.094779 per unit, payable on October 15, 2014, to unit holders of record on September 30, 2014. This month's distribution decreased from the previous month due to increased capital expenditures relating to the drilling in July of the initial two vertical wells of the 2014 program for the Waddell Ranch....

2014-09-19 08:23:06

Production from Prolific Shale Plays Up 31.5% Compared to Year Ago Levels DENVER and HOUSTON, Sept. 19, 2014 /PRNewswire/ -- Oil production from shale formations in North Dakota and Texas increased by more than 78,000 barrels per day (b/d) in August or 3.1% in August, according to Bentek Energy, an analytics and forecasting unit of Platts, a leading global provider of energy, petrochemicals, metals and agriculture information. The latest data shows that South Texas, Eagle Ford oil...

2014-09-19 08:22:18

HOUSTON, Sept. 19, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that one of its subsidiaries has entered into an agreement to acquire the Texas-based pressure pumping assets of a privately held company. The acquisition includes 143,250 horsepower of hydraulic fracturing equipment, which was manufactured in 2011 and 2012, and provides Patterson-UTI with two additional bases of operations and employees to support customer activity in the Eagle Ford and...

2014-09-19 00:20:27

LONDON, September 19, 2014 /PRNewswire/ -- As HPHT wells become more prevalent throughout the global oil and gas industry, the need to master the methodology behind the most costly and technically demanding drilling and completions projects in the world grows also. Industry-leading operators and technology providers will be speaking at the 10th Annual HPHT Wells Summit, a two-day conference providing a 360 degree overview of the techniques used to implement and optimise...

2014-09-18 16:22:18

DUBLIN, Sept. 18, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Micro Market Monitor : Global Drill Pipe Market Research" report to their offering. http://photos.prnewswire.com/prnvar/20130307/600769 Drill pipe, is drilling rental equipment which has a great importance in global oilfield equipment rental market. It's a hollow thick walled pipe which allows drilling mud to be pumped down through the pipe. These pipes have various sizes and its length depends...

2014-09-18 12:23:45

AUSTIN, Texas, Sept. 18, 2014 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/MKT: FPP) today provided an update on recent drilling activity. FieldPoint successfully recompleted its University Z1 well in Andrews County Texas. The well formerly produced from the Devonian formation but was perforated and acidized in the Wolfcamp zone and has begun to produce oil. The jet pump was re-installed, but a casing repair will be required before the well begins full production. The...

2014-09-18 12:23:13

LNG Prices Increased 19.8% Month over Month, but Fell 15.8% Year over Year LONDON, Sept. 18, 2014 /PRNewswire/ -- Prices of spot liquefied natural gas (LNG) for October delivery to Asia gained 19.8% on a month over month to an average $12.826/MMBtu per million British thermal units (/MMBtu), according the latest Platts Japan/Korea Marker (Platts JKM(TM)) for month-ahead delivery released today at the 2014 Platts LNG Forum in London. This marked the first month-over-month increase...

2014-09-18 08:23:59

HOUSTON, Sept. 18, 2014 /PRNewswire/ - Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) today announced that it has entered into a Letter of Intent with Schlumberger Technology Corporation (Schlumberger) whereby Schlumberger, at its own cost, will conduct an in-depth technical evaluation of the potential redevelopment of the Milnesand and Chaveroo oil fields, located in Chaves and Roosevelt Counties, New Mexico. Schlumberger will utilize in-house experts in primary, secondary...


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
humgruffin
  • A terrible or repulsive person.
Regarding the etymology of 'humgruffin,' the OED says (rather unhelpfully) that it's a 'made-up word.' We might guess that 'hum' comes from 'humbug' or possibly 'hum' meaning 'a disagreeable smell,' while 'gruffin' could be a combination of 'gruff' and 'griffin.'