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Fieldpoint Petroleum Begins Drilling Second Horizontal Well Project In Lea County, New Mexico

FieldPoint Petroleum Corporation (NYSE/MKT: FPP) announced today that drilling has begun on the East Lusk 15 Federal #2 in Lea County, New Mexico.

17 Jul 2012

Noble Corporation Awarded Contract For Ultra-Deepwater Drillship Noble Bob Douglas

Noble Corporation (NYSE: NE) today announced that the Company has entered into a three-year term drilling contract with Anadarko Petroleum Corporation (NYSE: APC) for the Noble Bob Douglas, one of Noble's new ultra-deepwater drillships currently under construction at the Hyundai Heavy Industries Co. Ltd. shipyard in Ulsan, South Korea. The drillship, which is being constructed on a fixed price basis, is expected to be utilized for operations primarily in the U.S. Gulf of Mexico.

13 Jul 2012

Treaty Energy Updates Progress On San Juan #2 Well In Belize

Treaty Energy Corporation (OTCQB: TECO), a growth-oriented international energy company, today announced an update on progress on the San Juan #2 Well in Belize.

11 Jul 2012

Platts: OPEC Crude Oil Production Dips To 31.72 Million Barrels Per Day In June

The Organization of the Petroleum Exporting Countries' (OPEC) crude output dipped by 30,000 barrels per day (b/d) to 31.72 million b/d in June from 31.75 million b/d in May, reversing most of the 40,000-b/d increment of the previous month, a Platts survey of OPEC and oil industry officials and analysts showed July 9.

11 Jul 2012

Manufacturers Directory Reports North Dakota Industrial Jobs Jump 15% On Oil Boom

Industrial employment in North Dakota shot up 15.8% over the past twelve months according to the 2013 North Dakota Manufacturers Register, an industrial directory published annually by Manufacturers' News, Inc. (MNI) Evanston, IL. MNI reports North Dakota gained 5,899 industrial jobs between May 2011 and May 2012, with employment in the oil and gas extraction sector more than doubling in response to the Bakken Shale oil boom.

9 Jul 2012

Breitling Oil And Gas Announces Breitling-Warrior #1H Has Been Completed

Breitling Oil and Gas today announced that the Breitling-Warrior #1H in Pottawatomie County, Oklahoma has been completed as an oil and gas producer after reaching a total measured depth of 6,300 feet.

9 Jul 2012

FMC Technologies Awarded $200 Million Subsea Equipment Contract For Statoil's Gullfaks South Field Development

FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Gullfaks South field development. The contract has an estimated value of $200 million in revenue to FMC Technologies.

6 Jul 2012

Orca Exploration Group Inc. Updates Status In Tanzania And Italy

Orca Exploration Group Inc. announces the successful completion of its SS-11 development well in Tanzania, provides an update on the Company's operations and announces a bridge loan facility.

4 Jul 2012

Anadarko Signs Joint-Venture Deal for Gulf of Mexico Lucius Project

To obtain a stake in the Gulf of Mexico Lucius project, Anadarko Petroleum has made a deal with an undisclosed entity, according to which Anadarko’s investment of 556 million dollars, which would cover the entire capital requirement up to the initial production of the Lucius project, will obtain for Anadarko a 7.2% working interest in the development and retain a 27.8% working interest when Anadarko continues as a operator.

4 Jul 2012

US Seismic Systems, An Acorn Energy Company, Ships World's Largest Down-Hole Optical Seismic Array

US Seismic Systems, Inc., an Acorn Energy, Inc. company announced today it has built and shipped the world's largest commercial high temperature down-hole fiber-optic seismic array. The 40-level array is designed for monitoring wells that use the latest unconventional oil and gas extraction technique known as hydrofracking.

2 Jul 2012