Land Rigs

Proven to perform on multi-well pads and drill extended reach wells, Veristic's Rocket Rig is an oil field tough drilling rig. The video highlights this land rig's design features - simplicity, speed, and safety. Move Rocket Rig in as few as 12 truck loads. Top drive can travel inside the mast during transport. Assemble Rocket RIg at ground level.

Wednesday, August 7, 2013

Petroceltic to Farm Out More of Isarene

North Africa and Mediterranean-focused Petroceltic International reported Friday that it is close farming out a further 18.375-percent inte...

Energy Department Approves Freeport Natural-Gas Export Permit

WASHINGTON - The Obama administration on Friday cleared the way for broader natural gas exports by approving a $10 billion facility in Texa...

Transocean Inks New Contracts, Extensions; Sees More Downtime

Drilling contractor Transocean Ltd. reported late Wednesday several new contracts and contract extensions valued at approximately $662 mill...

ANP Says China's CNOOC Pulls Out of Brazil Oil-Concession Auction

Chinese integrated oil company CNOOC Ltd. pulled out of an auction of oil and natural gas exploration concessions in Brazil, the country...

Kuwait: The Transformation Game

Kuwait's first commercial production of oil began in 1946, some 65 years ago. Up until 1990, its production had been dominated by a few...

Tuesday, August 6, 2013

Total Production to Increase 3% PA to 2015

PARIS - French oil major Total SA's chairman and chief executive, Christophe de Margerie, Friday confirmed the group's medium-term ...

ConocoPhillips CEO Says Production Will Start Rising by Year's End

HOUSTON - ConocoPhillips Chief Executive Ryan Lance told shareholders at the company's annual meeting Tuesday that the company's lo...

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Chris Holman

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