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2014-10-14 08:25:12

System Will Provide Greater Access and Takeaway Options for Producers HOUSTON, Oct. 14, 2014 /PRNewswire/ -- Asset Risk Management (ARM) (www.asset-risk.com) announced today that ARM Midstream, a wholly owned subsidiary of ARM, intends to construct a crude oil gathering system in the prolific Bakken shale gas play and underlying Three Forks formation. The gathering system project is the first phase of ARM's desire to serve area producers via direct access and greater optionality to...

2014-10-13 23:04:48

Market Size - $41.62 billion in 2013, Market Growth - CAGR of 11.8%, Market Trends - Positive outlook on shale gas exploration - New report by Grand View Research. View full report with TOC - http://www.grandviewresearch.com/industry-analysis/hydraulic-fracturing-market San Francisco, California (PRWEB) October 13, 2014 The global hydraulic fracturing market is expected to reach USD 90.55 billion by 2020, according to a new study by Grand View Research, Inc. Regulatory support in the form...

2014-10-13 23:04:22

Chemicals play a vital role in many downstream industries, and as a result, the Chemical Wholesaling industry has performed steadily since 2009. For this reason, industry research firm IBISWorld has added a report on the Chemical Wholesaling in Canada industry to its growing industry report collection. New York, NY (PRWEB) October 13, 2014 Chemicals play a vital role in many downstream industries, and as a result, the Chemical Wholesaling industry has performed steadily since 2009....

2014-10-13 16:21:42

SALT LAKE CITY, Oct. 13, 2014 /PRNewswire/ -- American Sands Energy Corp. (OTCBB: AMSE, "AMSE" or the "Company"), an oil sands exploration and development company operating in Utah, is pleased to provide investors with an update on the permitting process for its Sunnyside Project. The Company originally submitted its Notice of Intention to Commence Large Mining Operations ("NOI") on March 5, 2014 and has been working with the state regulators through the permitting process. "Last...

2014-10-13 12:22:37

SALT LAKE CITY, Oct. 13, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN), today reported that drilling, coring and logging of the Karmin-1 well have been completed. Results of these operations show 30 meters of gas-saturated Rotliegend sandstone with porosity of up to 30%. The well flowed at a rate up to 6.7 mmcfg/d on a 22/64" choke with no water. It will now be completed for production and is expected to start producing early in 2016. PGNiG, the operator and 51% owner of...

2014-10-13 08:23:27

HOUSTON, Oct. 13, 2014 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will issue a press release and host a conference call and webcast related to its third quarter 2014 operating results on Thursday, October 23, 2014. The conference call and webcast will begin at 8:00 a.m. CDT and will include a discussion by management regarding the Company's results of operation. The news release and a live webcast of the conference call will be available...

2014-10-13 08:22:40

HOUSTON, Oct. 13, 2014 /PRNewswire/ -- OneSubsea(TM), a Cameron (NYSE:CAM) and Schlumberger (NYSE:SLB) company, has been awarded a subsea production systems contract totaling more than $270 million for the Lakach deepwater project offshore Mexico. This is the first deepwater subsea field to be developed by Pemex. The scope of supply for the seven well system includes subsea production equipment and tooling. OneSubsea will also provide installation and commissioning services....

2014-10-13 04:20:42

HONG KONG, Oct. 13, 2014 /PRNewswire/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that its Enping 24-2 oilfield has commenced production. Enping 24-2 oilfield is located in the Pearl River Mouth Basin of the South China Sea with an average water depth of approximately 86~96 meters. The main production facilities include one drilling and production platform, one floating production storage and offloading unit (FPSO) and 17 producing wells....

2014-10-13 04:20:36

Lackluster Derivative Demand, Falling Crude and Naphtha Prices LONDON, Oct. 13, 2014 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market continued to fall in September, following the drop in upstream energy prices, according to the just-released monthly Platts Global Petrochemical Index (PGPI). The PGPI is a benchmark basket of seven widely used petrochemicals and is published by Platts, a leading global energy, petrochemicals and metals information provider...

2014-10-10 08:21:27

FORT WORTH, Texas, Oct. 10, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of September 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 71,800 producing a rig utilization rate of 71%, compared to 74% and 69% in August 2014 and September 2013, respectively. During the month, Basic's fluid service truck count increased by 21 to 1,045. Fluid...


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
ambsace
  • Bad luck; misfortune.
  • The smallest amount possible or the most worthless thing.
The word 'ambsace' comes from a Latin word meaning 'both'.