The Equipment Leasing and Finance Association (ELFA) which represents the $827 billion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2014. Given U.S. businesses, nonprofits and government agencies will spend ...
Baker Hughes Incorporated (NYSE: BHI) announced today that the U.S. onshore well count for the fourth quarter 2013 is 9,056 wells; down 19 wells from the revised 9,075 wells counted in the third quarter 2013. Compared to the fourth quarter ...
Tags: Baker Hughes, 2013 Well Count, Oil News, Gas News
Monday, Jan 13, 2014 Hess Corporation (NYSE:HES) today completed the previously announced sale of its Pangkah asset to a subsidiary of PT Saka Energi Indonesia, which exercised its pre-emption rights, for a total after tax consideration ...
Tags: Oil News, Gas News, Pangkah Asset, Pangkah Asset in Indonesia
Following the disruption to its business in Iraq during the fourth quarter, Baker Hughes resumed operations by the end of December. Due to the lost revenue related to this event, expenses associated with personnel movements and security ...
Tags: Baker Hughes, .Operational Update
ARC Resources Ltd. ("ARC") announced today that it estimates fourth quarter production to be approximately 100,000 boe per day. This is record quarterly production volumes for ARC and is expected to contribute to record annual production of ...
The Obama administration is nearing a decision on allowing seismic testing off the Atlantic Coast, a critical step in opening waters off Virginia, the Carolinas and elsewhere to oil drilling. A study of what the controversial seismic ...
Tags: Oil Drilling, Metallurgy, Mineral, Energy
China, the world's largest energy user, can maintain steady growth in annual oil and natural gas output beyond 2030, the Ministry of Land and Resources said on Wednesday. Crude oil and natural gas production in 2030 will be more than ...
Tags: Natural Gas, Oil Output
Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”), an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an ...
Today (January 7, 2014), Ing. Guillermo Coco, President of Gas y Petróleo del Neuquén S.A., Martin Bachmann, Member of the Board of Executive Directors of Wintershall Holding GmbH and responsible for Exploration & Production ...
Tags: Gas y Petróleo del Neuquén, Wintershall, Aguada Federal
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2013, the Company had an average of 187 drilling rigs operating in the United States and 9 rigs in Canada. Average drilling rigs operating reported ...
Tags: PATTERSON-UTI ENERGY, drilling rigs operating, contract drilling
FieldPoint Petroleum Corporation (NYSE/MKT:FPP) today reported the drilling of the Ranger Unit 8A #1H with Riley Exploration Group of Blanchard, OK. Completion and fracking of the well is to begin this week. FieldPoint President, Phillip ...
New Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) today provided an update on its production and operational activities. The Company is currently producing approximately 236 barrels ("bbl") per day of light, high-quality oil (average ...
TransAtlantic Petroleum Ltd. (TSX:TNP) (NYSE-MKT:TAT) (the "Company" or "TransAtlantic") today provided an operational update on its current drilling program. Operational Update TransAtlantic ended the fourth quarter of 2013 with ...
Tags: Oil News, Gas News, Transatlantic Petroleum
Africa Hydrocarbons Inc. (TSX VENTURE:NFK) ("AHI" or the "Company") today provided the following operational update regarding the Company's BHN-1 exploration well on the Bouhajla Permit in northeastern Tunisia. As planned (and previously ...
The Petrobras' P-55 platform, one of the strategic projects in the 2013-2017 Business and Management Plan, started-up the last Tuesday (12/31/13) in Campos Basin's Roncador field. P-55 is part of Roncador´s field Module 3 project ...
Tags: Petrobras, P-55 platform, Campos Basin, Roncador field