Oil well

Heliostar Provides Drilling Update and Outlines Exploration Plans at Unga Project, Alaska

Retrieved on: 
Thursday, May 13, 2021
Shumagin Islands, Unga, Physical sciences, Chemistry, Popof Island, Drilling, Assay, Oil well, Science and technology

Heliostar looks forward to some of the earliest assay results from summer projects in Alaska and Canada in 2021 due to this early start.

Key Points: 
  • Heliostar looks forward to some of the earliest assay results from summer projects in Alaska and Canada in 2021 due to this early start.
  • The 2020 results from shallow drilling support the interpretation that the high grade zone dips more steeply than previously recognized, an interpretation that will guide the deeper drilling planned for 2021.
  • The company\'s flagship asset is the 100% controlled Unga Gold Project on Unga and Popof Islands in Alaska.
  • Mr. Harris is a Qualified Person as defined under the terms of National Instrument 43-101.\nFor additional information please contact:\n'

Robotic Drilling Equipment Market to Reach $1.01 Bn, Globally, by 2027 at 8.4 % CAGR: Allied Market Research

Retrieved on: 
Wednesday, May 12, 2021
Actuarial science, Compound annual growth rate, Mathematical finance, Oil well, Inventions, Economy, Science and technology

b'PORTLAND, Ore., May 12, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, "Robotic drilling equipment Market by Application (Land and Water), Installation (New Installation and Modernize), and End-user Industry (Oil and Gas): Global Opportunity Analysis and Industry Forecast, 20202027."

Key Points: 
  • b'PORTLAND, Ore., May 12, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, "Robotic drilling equipment Market by Application (Land and Water), Installation (New Installation and Modernize), and End-user Industry (Oil and Gas): Global Opportunity Analysis and Industry Forecast, 20202027."
  • However, interoperability of rig control systems used in robotic drilling and issues related to cyber security for automated systems restrain the market growth.
  • In addition, the segment is projected to maintain the highest CAGR of 9.1% from 2020 to 2027.
  • On the other hand, the gas segment is expected to witness the highest CAGR of 9.3% from 2020 to 2027.

Robotic Drilling Equipment Market to Reach $1.01 Bn, Globally, by 2027 at 8.4 % CAGR: Allied Market Research

Retrieved on: 
Wednesday, May 12, 2021
Oil well, Petroleum industry, Petroleum geology, Inventions, Science and technology, Petroleum, Nabors Industries

b'Increase in adoption of automation in the oil & gas industry and rise in drilling activities due to the development of unconventional hydrocarbon resourcesdrive the growth of the global robotic drilling equipment market.

Key Points: 
  • b'Increase in adoption of automation in the oil & gas industry and rise in drilling activities due to the development of unconventional hydrocarbon resourcesdrive the growth of the global robotic drilling equipment market.
  • According to the report, the global Robotic drilling equipment industry generated $804 million in 2019, and is expected to garner $1.01 billion by 2027, witnessing a CAGR of 8.4% from 2020 to 2027.\nIncrease in adoption of automation in the oil & gas industry and rise in drilling activities due to the development of unconventional hydrocarbon resourcesdrive the growth of the global robotic drilling equipment market.
  • However, interoperability of rig control systems used in robotic drilling and issues related to cyber security for automated systems restrain the market growth.
  • On the other hand, the gas segment is expected to witness the highest CAGR of 9.3% from 2020 to 2027.

Infinity Energy Resources Enters Research Agreement with Tertiary Oil Recovery Program at the University of Kansas

Retrieved on: 
Wednesday, May 12, 2021
Extraction of petroleum, Oil well, Inventions, Science and technology

b'Overland Park, KS, May 12, 2021 (GLOBE NEWSWIRE) -- (GLOBE NEWSWIRE) \xe2\x80\x93 Infinity Energy Resources, Inc. (Pink Sheets: IFNY) (\xe2\x80\x9cInfinity\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d).

Key Points: 
  • b'Overland Park, KS, May 12, 2021 (GLOBE NEWSWIRE) -- (GLOBE NEWSWIRE) \xe2\x80\x93 Infinity Energy Resources, Inc. (Pink Sheets: IFNY) (\xe2\x80\x9cInfinity\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d).
  • TORP is recognized internationally for their state-of-the-art equipment, lab facilities, field equipment, outreach/tech-transfer, and technical support.
  • Infinity\xe2\x80\x99s purchase of the Acquired Oil & Gas Properties included more than 10 square miles of 3D seismic, compiled with multiple logs, drilling data, and reports.
  • Infinity will be providing investors with further information and results as we begin our rework program and implementing enhanced secondary recovery on the existing oil & gas producing wells.

PetroTal Provides an Operational and Corporate Update

Retrieved on: 
Wednesday, May 12, 2021
Transaction Application Language, Oil well, Inventions, Science and technology

7D well completed, currently flowing at 4,550 bopd; Management Change Announcement, Q1 2021 reporting and AGM dates

Key Points: 
  • b'Calgary, Alberta and Houston, Texas--(Newsfile Corp. - May 12, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) ("PetroTal" or the "Company") is pleased to announce the following operational and corporate update.
  • The well was a deviated hole and penetrated the targeted Vivian formation in excellent quality sands.
  • Total drilling time was 33 days and the well cost approximately $8.6 million, 7% under the $9.2 million estimate.
  • Estuardo\'s achievements in his career and at PetroTal have been remarkable and his presence in the office will be missed.

Northern Vertex Announces Previously Unreleased Drilling Results and Follow-up Drilling Campaign on West Oatman Trend near the Moss Mine

Retrieved on: 
Tuesday, May 11, 2021
Oatman, Earth sciences, Oil well, Vein, Geology, Inventions

The West Oatman vein system runs parallel to the Moss vein and has similar characteristics.

Key Points: 
  • The West Oatman vein system runs parallel to the Moss vein and has similar characteristics.
  • After consolidating multiple historical databases, we are pleased to present recent and previously unreleased drill results from one of our most high priority targets, West Oatman.
  • "\nThe West Oatman Target is a bulk tonnage exploration target located on the south side of Silver Creek, approximately 2.3 kilometers to the south of the Moss Mine ( Figure 1 West Oatman Target Location ).
  • Drill results for Northern Vertex\'s 2017 drilling on the West Oatman Target were not previously released.

EQS-News: Terraoil Announces Continuation of Drilling Operations on Visoka Block

Retrieved on: 
Tuesday, May 11, 2021
Oil well, Well, Science and technology, Petroleum production, Inventions, Petroleum geology, Technology

b'Zug, Switzerland, May 11, 2021 - Terraoil Swiss AG, an E&P company with a strong focus on the Mediterranean, today announced the commencement of drilling operations on the Visoka block, onshore Albania.

Key Points: 
  • b'Zug, Switzerland, May 11, 2021 - Terraoil Swiss AG, an E&P company with a strong focus on the Mediterranean, today announced the commencement of drilling operations on the Visoka block, onshore Albania.
  • The Company drilled the first well to a target depth of 1265 meters and is conducting initial production tests.
  • At the same time, we continue to work on the recovery of production levels, while simultaneously assessing new drilling plans and the maintenance and enhancement programs for existing wells.
  • We believe such a healthy recovery will propel our operational activities beyond pre-pandemic levels during the next two to three years.

Golden Tag Intersects 286.02 g/t Ag.Eq Over 18.43 m and Identifies Mineralized Skarn Shoots 265 m above Fernandez Zone

Retrieved on: 
Thursday, May 6, 2021
Drilling, Machining, Woodworking, Oil well, Inventions, Economy, Science and technology

Reviewing these results and our overall model with Orix Geoscience has the Company encouraged that this geologic discovery could potentially be repeated in other areas over the Fernandez Zone.

Key Points: 
  • Reviewing these results and our overall model with Orix Geoscience has the Company encouraged that this geologic discovery could potentially be repeated in other areas over the Fernandez Zone.
  • Particularly prospective is the eastern side of Fernandez, and the mineralization associated within the Montanez Zone.\xe2\x80\x9d\nA total of 4,510 m of diamond drilling has been completed in eight holes.
  • Results from holes 20-51, 21-52A and 21-53 were reported in the Company\xe2\x80\x99s news release from April 14, 2021.
  • This second zone contains a richer brecciated zone of green and brown garnet exoskarn which yielded 18.43 m @ 286.02 g/t Ag.Eq (370.47 to 388.90 m).

Generic Gold Identifies Multiple Drill Targets and Announces 7,500 Metre Drill Program on Belvais Project, Quebec

Retrieved on: 
Thursday, May 6, 2021
Geology, Oil well, Geologist, Science and technology, Inventions, Economy

This large, fully funded drill program is planned to begin in May and will target both orogenic gold and gold-rich VMS targets.

Key Points: 
  • This large, fully funded drill program is planned to begin in May and will target both orogenic gold and gold-rich VMS targets.
  • Drill targets were generated following compilation of all available data, including recently completed VTEM and soil sampling surveys as well as historical drilling and geophysical work.
  • Laurentia Exploration (Laurentia), consulting geologists to Generic, have now compiled a complete 3-D dataset of all historical drilling on the project.
  • We will continue to model and interpret our datasets and will provide a further press release focused on our gold targets in the coming weeks ahead of our inaugural drill program.

Africa Oilfield Services Market Growth, Trends, and Forecast Report 2020-2025: Nigeria is Expected to Dominate the Market, Owing to the Increased Exploration Activity - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 4, 2021
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Companies, Petroleum, Baker Hughes, Weatherford International, Oil well, Physical sciences, Chemistry

b'The "Africa Oilfield Services Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com\'s offering.\nFactors such as increasing exploration and production activities due to increasing crude oil and natural gas demand are likely to drive the Africa oilfield services market during the forecast period.

Key Points: 
  • b'The "Africa Oilfield Services Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com\'s offering.\nFactors such as increasing exploration and production activities due to increasing crude oil and natural gas demand are likely to drive the Africa oilfield services market during the forecast period.
  • However, volatile oil and gas prices are leading to the uncertainty among oil and gas operators, which is likely to restrain the growth of the Africa oilfield services market in the coming years.\nThe drilling services segment is expected to lead the market for oilfields services, reasons being an increase in exploration activities and oil discoveries in recent years.
  • Both factors have led to a growth in demand for oilfield services market.\nNigeria is expected to dominate in the region in the forecast period, the increased pressure on oil & gas companies to discover new oil and gas reserves to compensate for reducing hydrocarbon production from existing and aging fields is expected to drive the market.\nThe Africa oilfield services market is partially fragmented with several small and big players operating in the market.
  • Some of the key players in this market include Schlumberger Limited, Petrofac Ltd., Weatherford International Plc, Baker Hughes Company, Halliburton Company, among others.\n'