Latest Drilling rig Stories
BEDFORD, Texas, May 23, 2013 /PRNewswire/ -- PetroTech Oil and Gas Inc. (OTC Pink: PTOG), announced today they have entered into an agreement to purchase solid controls equipment that will expand their services by offering waste management solutions for Oil and gas drilling, completion and work over operations. "In addition to the first five wells of 110 being worked over, we are pleased to be working with Solid Services Depot, a recognized industry leader in the manufacturing of...
HOUSTON, May 21, 2013 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced today that its monthly report of drilling rig status and contract information has been updated as of May 20, 2013. The report titled "Monthly Fleet Status Report," can be found on the Company's website www.rowancompanies.com. (Logo: http://photos.prnewswire.com/prnh/20120827/DA62568LOGO) Notable events in the current report include: Gorilla IV: Awarded a six month...
SAN ANTONIO, May 21, 2013 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) announced that it began testing trucks powered by compressed natural gas ("CNG") with the delivery of its first vehicle. The bi-fuel truck is a 2013 Chevrolet 2500HD 4X4 Extended Cab able to run on both gasoline and low-cost CNG. The truck starts with a gasoline engine but then switches automatically to run on CNG. When the truck runs out of CNG, the engine switches back to run on gasoline. Wm. Stacy Locke,...
SPOKANE, Wash., May 20, 2013 /PRNewswire/ -- Daybreak Oil and Gas, Inc. (OTCBB: DBRM) ("Daybreak" or the "Company"), a Washington corporation, is pleased to announce the results of the third well in the current drilling program at the East Slopes Project in Kern County, California. The Sunday #5 well was drilled to 2,044 feet and encountered approximately 20 feet of oil pay in the Vedder Sand. The Company owns a 37.5% working interest in the Sunday #5 well. This drilling rig has...
FORT WORTH, Texas, May 15, 2013 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of April 2013. Basic's well servicing rig count remained unchanged at 425. Well servicing rig hours for the month were 73,700 producing a rig utilization rate of 72%, compared to 74% and 78% in March 2013 and April 2012, respectively. During the month, Basic's fluid service truck count increased by seven trucks to 974. Fluid...
SPOKANE, Wash., May 15, 2013 /PRNewswire/ -- Daybreak Oil and Gas, Inc. (OTCBB: DBRM) ("Daybreak" or the "Company"), a Washington corporation, is pleased to announce the results of the second well in the current drilling program at the East Slopes Project in Kern County, California. The Bear #6 well was drilled to 2,153 feet and we estimate there is approximately 25 feet of oil pay in the Vedder Sand. This drilling rig will now be moved to the Black #2 well location. The Company...
Company's first exploratory well undergoing completion. NEWPORT BEACH, Calif., May 15, 2013 /PRNewswire/ -- Citadel Exploration, Inc. (OTCBB: COIL) ("Citadel") is pleased to announce it has achieved initial success on its first well, the North Tejon Ranch 1-19. The well encountered the targeted oil sand and is currently undergoing completion. Testing of the 1-19 will commence in the coming weeks. The drilling rig will now move a few miles southeast to Citadel's next...
COEUR D'ALENE, Idaho, May 13, 2013 /PRNewswire/ -- Star Gold Corp. ("Star Gold" or the "Company") (OTCQB: SRGZ) announces that a drill rig has been mobilized onto the Longstreet Property to commence drilling at the Main Zone. The drill program will include 5,400 feet of reverse circulation style drilling for approximately eighteen (18) holes. These holes and their respective positions are essentially the same as those recommended in the Technical Report by Agnerian Consulting in...
SPOKANE, Wash., May 7, 2013 /PRNewswire/ -- Daybreak Oil and Gas, Inc. (OTCBB: DBRM) ("Daybreak" or the "Company"), a Washington corporation, is pleased to announce the results of the first well in the initiation of a six well drilling program at the East Slopes Project in Kern County, California. The Bear #5 Well was drilled to 2,300 feet and encountered approximately 30 feet of oil pay in the Vedder Sand. The Well is currently being completed and will be put on production within...
HOUSTON, May 7, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2013 was 1,301, up 33 from the 1,268 counted in March 2013, and up 123 from the 1,178 counted in April 2012. The international offshore rig count for April 2013 was 331, up 15 from the 316 counted in March 2013 and up 32 from the 299 counted in April 2012. The average U.S. rig count for April 2013 was 1,755, down 1 from the 1,756 counted in March...
