Randy Foutch, Founder of Lariat Petroleum, Inc. and Latigo Petroleum, Inc., in third venture with investment firm Warburg Pincus TULSA, Okla., July 31 /PRNewswire/ -- Laredo Petroleum, a newly ...

The exploration of tight oil reservoirs has achieved a big success, especially in the Huahai Depression, Jiuquan Basin, China, but the characteristics and formation mechanisms of the tight oil ...

Scale formation is a critical problem for gas injection-well operators in southern Iranian oil fields. Scale precipitation can restrict gas injection, resulting in complete injection blockage. Scale ...

UPDATE: Bakken in the context of the world’s oil megaprojects. About 7 million barrels per day being added in 2008 and 2009 from about 50 projects per year. The Bakken oil formation is possibly the ...

Magnolia Petroleum Plc announced a positive update across its portfolio of interests focused on proven and producing US onshore hydrocarbon formations, including the prolific Bakken / Three Forks ...

Latin America’s third largest economy is reporting record-breaking hydrocarbon production. Shale oil and natural gas output from the Vaca Muerta basin have been vital in Argentina’s push to ramp up ...

As defined by the U.S. Geological Survey (USGS), heavy oil is a type of crude oil characterized by an asphaltic, dense, viscous nature (similar to molasses), and its asphaltene (very large molecules ...

MOL Norge AS will reduce resource estimates in the 25/8-19 S (Iving) oil and gas discovery in PL 820S based on results from appraisal wells 25/8-21 S and 25/8-22 S. The wells were drilled about 8 km ...

Geologists say a new survey shows an oilfield in west Texas dwarfs others found so far in the United States, according to the US Geological Survey. The Midland Basin of the Wolfcamp Shale area in the ...

Cells, the basic unit of life, are surrounded by a limiting membrane called the plasma membrane. Inside cells, there are various membrane-bounded organelles, each of which has various and distinctive ...