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
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
Parallel Energy Trust (TSX:PLT.UN)(TSX:PLT.DB) ("Parallel" or the "Trust") today announced its estimated production results for the fourth quarter and full year 2013, the commencement of its 2014 drilling program and its estimated year-end ...
Cargill Inc. announced Wednesday plans to build a new steel processing center in Windsor, Colorado,? about 60 miles north of Denver, to supply the state's booming oil and gas industry. "By locating in northern Colorado, which is in the ...
Tags: Steel, Steel News, Cargill, Steel Processing and Distribution
Cargill Inc. announced Wednesday plans to build a new steel processing center in Windsor, Colorado,? about 60 miles north of Denver, to supply the state's booming oil and gas industry. "By locating in northern Colorado, which is in the ...
Tags: Steel, Steel News, Cargill, Steel Processing and Distribution
The importance of safety in the offshore industry will be the subject of discussion at the next evening meeting and supper hosted by the Energy Institute in Aberdeen. Guest speaker Steve Bullock,senior vice president HSSEIA Offshore ...
Tags: safety, offshore industry, Energy Institute, Steve Bullock
FMC Technologies, Inc. (NYSE: FTI) announced today that John T. Gremp, Chairman, President and Chief Executive Officer, will participate in a panel discussion. FMC Technologies, Inc. (NYSE:FTI) is a leading global provider of technology ...
FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with Statoil for the manufacture and supply of a Workover System (WOS) to be installed on the Snorre B platform. The award has an approximate value of $114 ...
Tags: FMC Technologies, Statoil, Workover System, Snorre B platform
The Environmental Protection Agency was justified in intervening to examine possible risks of gas drilling to Texas drinking water, the agency's internal watchdog reported Tuesday. But environmentalists say the report raises fresh ...
Tags: The Environmental Protection Agency, gas drilling, Texas, drinking water
Continental Energy Corporation (OTCQB: CPPXF) (the "Company"), an emerging international energy investment company, today announced that its Indonesian production sharing contract (PSC) bid group was one of seven unsuccessful bidders for ...
SeaBird Exploration Plc ("SeaBird") is pleased to announce that is has extended the bareboat charter for the Munin Explorer from 1 November 2014 to 31 October 2019. In connection with the bareboat extension, the charter rate is being ...
Tags: vessel, transportation
Statoil and partners have awarded Aker Solutions the engineering framework agreement for the Johan Sverdrup field in the North Sea, where the first call off will be the front-end engineering design (FEED) of the field centre. The Johan ...
Tags: offshore developments, oil, energy
Despite the transformative impact that shale gas has had on the outlook of US energy markets, the European landscape regarding shale gas is very mixed and markets should exercise caution as multiple issues may slow progress, according to a ...
API welcomed the passage today of an agreement between the U.S. and Mexico to allow joint energy development projects along our shared maritime border as a part of the final approval of Congress’ budget deal. “The energy ...
Tags: energy development, oil, gas
The Gazprom Board of Directors approved the Company's activities to arrange pre-development of the Chayandinskoye and Kovyktinskoye fields. The meeting stressed that Gazprom was engaged in large-scale activities to establish a mature gas ...