News by subject: DSC

IBS Software, the leading global logistics software provider has formed a Shared Services Consortium offering shared technology platform, shared flights service and managed services for oil & gas operators and service companies in the Canada region....

The much- publicized WaterToken.io is scheduled for a firm release date of Oct. 25, 2017, and will operate under a network of devices that will clean water with a revolutionary chemical-free technology. The IoT (Internet of Things) devices will work...

More than 200 delegates from various sour gas and refinery facilities in UAE and around the world are taking part in the fourth annual MESPON (Middle East Sulphur Plant Operations Network) Forum, supported by ADNOC and organized by UniverSUL...

BNK Petroleum Inc. (the "Company") is pleased to announce that the Brock 9-2H well (100% working interest) averaged about 730 Barrels of oil equivalent per day (BOEPD), of which 625 barrels are oil, for the last 5 days, while still producing back...

Further to the spud announcement on 18 September 2017, SDX Energy Inc. , the North Africa focused oil and gas company,...

Russia crude production outlook is stable, with a potential for growth. While Russia is maintaining its overall production profile at an even level, structurally the new fields are primarily located in the eastern part of the country making it...

Houston-based civil trial and appellate firm Wright & Close LLP is pleased to announce the addition of attorneys Brian Cathey and Matthew Davis, whose talents will bolster the firm's already formidable practice.  "We are excited to have these...

Hyperdynamics Corporation ("Hyperdynamics" or the "Company"), announced that the Fatala-1 exploration well drilled offshore the Republic of Guinea in Northwest Africa has reached its total drilling depth and did not encounter hydrocarbons. Fatala-1...

Stone Energy Corporation today announced drilling results from the deep water Rampart Deep well at Mississippi Canyon Block 116.  Stone generated the prospect and owns a 40% non-operated working interest in the well. The Rampart Deep well (the MC...

BNK Petroleum Inc. (the "Company") is pleased to announce that the Hartgraves 1-6H well averaged about 405 Barrels of oil equivalent per day (BOEPD), of which 324 barrels are oil, for the last 6 days, while still producing back completion fluid. ...

East West Petroleum Corp. ("East West" or the "Company") Mr. David Sidoo, President and CEO, is pleased to announce the successful drilling and casing of the Cheal-D1 exploration well, located near the northern portion of East West's 30% working...

Fifth Creek Energy Company, LLC, an exploration, and production company operating in the DJ Basin in rural northern Weld County Colorado, announced the results of its initial four well development program on its Hereford property. The Company drilled...

A laggard to adopt innovations from outside its industry, the oil and gas sector requires transformational solutions to address the prospect of tightened margins and wage inflations. The harnessing of digital technology in the industry will increase...

Hyperdynamics Corporation today announced that the Pacific Scirocco deep water drillship has reached its target drilling location 165 kilometers offshore the Republic of Guinea in Northwest Africa and is making final preparations to spud the...

Ecopetrol S.A. announces a new hydrocarbon discovery in the Warrior-2 well, in which Ecopetrol America Inc. holds a 30% interest. Warrior-2 is located in the Green Canyon area of the Gulf of Mexico (United States), 190 kilometers from the coast,...

Canadian Gold Miner Corp ("CGM", the Company) and Transition Metals Corp. (XTM ? TSX.V, "Transition") are pleased to announce preliminary sampling results from CGM's South Kirkland project. The Lafond showing is one of 7 gold mineralized zones that...

AuRico Metals Inc. ,("AuRico" or the "Company") is pleased to provide an update on the Company's 2% net smelter return royalty ("NSR") on the Fosterville gold mine ("Fosterville") operated by Kirkland Lake Gold Ltd. ("Kirkland"). Commenting on...

Talos Energy LLC ("Talos" or the "Company") as operator, together with its joint venture partners Sierra Oil and Gas S. de R.L de C.V. ("Sierra") and Premier Oil Plc ("Premier"), is pleased to announce that the Zama-1 exploration well, offshore...

Enforcer Gold Corp ("Enforcer" or the "Company") is pleased to report on the commencement of diamond drilling at the Montalembert Gold Project. Enforcer has contracted Orbit Garant Drilling Inc. of Val d'Or Quebec and has budgeted for 5,000 to 8,000...

Symbol: ASX: CHN TSX:  CXNShares outstanding: 261 millionFully diluted: 272 million Highlights A$7.5 million budget, including >22,000m drilling, planned on five high-potential gold and base metals projects across five projects in Canada and...

While the global compressors market is expected to perform better in 2017 than in 2016, volatile oil prices and sluggish economies create an uncertain outlook. Factors driving the rebound include new refinery construction in the Middle East and Asia,...

Lonestar Resources US Inc. (together with its subsidiaries, "Lonestar") provided an update on its Wildcat B #1H well located in Brazos County, Texas.  The well was drilled and completed to a total measured depth of 19,800 feet (approximately 11,000...

Wallbridge Mining Company Limited ("Wallbridge") is pleased to announce that ongoing partner-funded exploration drilling continues to expand the high-grade polymetallic nickel, copper, and platinum group metal ("Ni-Cu-PGM") mineralization at shallow...

Zion Oil & Gas, Inc.  continues active drilling operations at a depth of 2,000 feet, as it continues to drill to a proposed total depth of approximately 15,000 ft. Zion's President and COO, Dustin Guinn, stated, "We are pleased to announce that we...

GREAT PANTHER SILVER LIMITED ("Great Panther"; the "Company") announces that surface drilling at its San Ignacio Mine, part of the Guanajuato Mine Complex (the "GMC"), has confirmed the continuation of strong gold-silver mineralization along strike...

GREAT PANTHER SILVER LIMITED ("Great Panther"; the "Company") announces that surface drilling at its San Ignacio Mine, part of the Guanajuato Mine Complex (the "GMC"), has confirmed the continuation of strong gold-silver mineralization along strike...

The oil & gas industry is expected to hold the largest share of the control valves market by 2023. The oil & gas industry is likely to account for the largest share of the of the control valves market by 2023. This market growth can be attributed to...

Enforcer Gold Corp ("Enforcer" or the "Company") along with Globex Mining Enterprises Inc. is pleased to announce it has commenced its ground Induced Polarization ("IP") geophysical survey at the Montalembert gold project. The 45 line-km survey...

Ultrapar Participacoes S.A. (BM&FBOVESPA:UGPA3/NYSE:UGP) ("Ultrapar"), a multi-business company engaged in specialized distribution and retail (Ipiranga/ Ultragaz/Extrafarma), specialty chemicals (Oxiteno) and storage for liquid bulk (Ultracargo),...

With the raising of the derrick, Zion Oil & Gas, Inc.  will commence acceptance testing in preparation for spudding its Megiddo-Jezreel #1 well, onshore Israel. Victor G. Carrillo, Zion's CEO, states that "We anxiously...

Platts RigData, a forecasting and analysis unit of S&P...

Platts RigData, a forecasting and analysis unit of S&P Global Platts, today announced the U.S. rig count for March 2017 was 901, up 67 (8%) from February 2017, and up 391 (77%) from March 2016. This rig count includes U.S. onshore, U.S. inland...

BOGOTA, Colombia, March 30, 2017 Ecopetrol S.A. ("Ecopetrol" or the "Company") reports that the Boranda-1 well discovered the presence of crude in the Magdalena Middle Valley, municipality of Rionegro, department of Santander. The Boranda-1 well...

Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") is pleased to announce its 2016 year-end reserves. Operations Update In Q1 2017, the Corporation completed drilling two additional Cardium horizontal wells in the northern part of the Narraway...

Lilis Energy, Inc. ("Lilis" or "Company") announces the following highlights: The Company's first two operated horizontal wells, the Bison #1H and the Grizzly #1H, are producing industry leading flow rates with each over 340 boepd per 1,000'...

Although Canada's oil producers are expected to benefit from both higher prices and rising production, profitability will remain elusive for the industry ? with losses expected for the third year in a row. Pre-tax losses in Canada's oil extraction...

-- The well confirms the extension of the gas reservoir discovered at Kronos-1 in July 2015.  Confirms a gas column of more than 520 meters in this field. -- Purple Angel-1 reached a total depth of 4,795 meters, including a 1,835 meter water table. ...

TSX ticker symbol; BKX BNK Petroleum Inc. (the "Company") is pleased to announce that the Chandler 8-6H well is producing through facilities, while flowing back fracture stimulation fluids, after its fracture stimulation.  In addition, the...

Tourmaline Oil Corp. ("Tourmaline" or the "Company") enjoyed another record year of material, profitable reserve additions with ever-improving efficiencies. HIGHLIGHTS Proved plus probable reserves ("2P") increased to 1,746.8 mmboe during 2016, a...

An increase in drilling activities as a result of oil price recovery, will drive the growth of the global downhole tools market. However, stringent regulatory processes, oil price volatilely, and harsh environments are heightening the need for...

Yangarra Resources Ltd. ("Yangarra" or the "Company") releases the results of its 2016 year end oil and gas reserves evaluation. Reserve Report Highlights: The independent reserves report prepared by Deloitte is dated February 14, 2017 and is...

CONSOL Energy Inc. today announced total proved reserves of 6.3 Tcfe, as of December 31, 2016, which is an 11% increase compared to the previous year. Oil, condensate, and liquids account for 423 Bcfe, or 6.8%, of the 6.3 Tcfe total proved reserves,...

S.T.L. Resources, LLC ("S.T.L."), a newly formed independent oil and gas company, announced today that it has recently closed on the acquisition of 8,000 acres in the core of the Marcellus Fairway in North Central Pennsylvania. Terms of the...

Silvercorp Metals Inc. ("Silvercorp" or the "Company") is pleased to report the results of its 2016 exploration program at the LMW mine, Ying Mining District, Henan Province, China. The Company completed 17,410 meters ("m") underground diamond...

The Canadian Environmental Assessment Agency (the Agency) is making funding available through its Participant Funding Program to assist the participation of the public and Indigenous groups in the federal environmental assessment of the proposed...

Genie Energy Ltd., announced today that it is establishing Atid Drilling Ltd., (Atid), an on-shore drilling services venture based in Israel.  Atid will pursue drilling opportunities for clients in a variety of fields including oil and gas...

W&T Offshore, Inc. announced today that its Ship Shoal 359 A-18 well has logged 149 feet of net oil pay in five zones and extended the size and depth of the Mahogany field.  The SS 349 A-18 well was drilled on the western side of the Mahogany field...

Bechtel is on track to complete the construction of an additional three liquefied natural gas (LNG) production trains on Curtis Island by the end of 2015, quadrupling Queensland's LNG production. Bechtel is constructing the state's first three LNG...