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Latest Drilling rig Stories

2014-09-15 16:23:25

HOUSTON, Sept. 15, 2014 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that the drillship Energy Searcher under contract in Nigeria, has experienced technical problems with the control hoses to the unit's blowout preventer. The repairs are underway and are expected to be completed soon allowing operations to resume within two (2) weeks. The Company expects its consolidated financial results for the third quarter 2014 to be negatively impacted by a...

2014-09-15 08:22:11

TORONTO, Sept. 15, 2014 /CNW/ - Alacer Gold Corp. ("Alacer" or the "Company") [TSX: ASR and ASX: AQG] announces drilling results to date from the Company's 2014 exploration program in Turkey. Drilling results are from several areas in the Çöpler District and from the Dursunbey prospect in western Turkey. DRILLING HIGHLIGHTS Drilling at Dursunbey in western Turkey has delineated five separate mineralized zones within a 1,500m by 300m area. These near-surface zones dip shallowly to the NW...

2014-09-12 08:21:48

FORT WORTH, Texas, Sept. 12, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of August 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 72,400 producing a rig utilization rate of 74%, compared to 69% and 76% in July 2014 and August 2013, respectively. During the month, Basic's fluid service truck count increased by five to 1,024. Fluid service...

2014-09-11 08:22:24

HOUSTON, Sept. 11, 2014 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company") (NYSE: ICD) today reported financial results for the quarter ended June 30, 2014. Highlights -- Successful completion of the Company's IPO, including exercise of the underwriter's overallotment option, issuing 11.5 million shares at $11.00 per share for gross proceeds of $126.5 million. -- Net income of $1.6 million, or $0.13 per share. Net income includes...

2014-09-10 16:21:51

HOUSTON, Sept. 10, 2014 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced that David L. Roland has been appointed Senior Vice President, General Counsel and Secretary, effective immediately. Mr. Roland joins Diamond Offshore with over 20 years of corporate legal experience in the energy industry, including the last ten years as Senior Vice President, General Counsel and Corporate Secretary at ION Geophysical Corporation, an NYSE-listed geophysical company....

2014-09-08 08:23:28

Infill and Expansion Drilling Confirms High Grade Gold Mineralization at QV1 Target, extends strike length of QV Prime target to over 100 metres and intersects new hanging wall structure TORONTO, Sept. 8, 2014 /PRNewswire/ - Roxgold Inc. (ROG: TSX.V) ("Roxgold" or the "Company") is pleased to announce the results of its recently completed exploration program at Yaramoko's prospective Bagassi South Zone, where it has continued to intersect high grade gold mineralization. Results...

2014-09-08 08:22:54

HOUSTON, Sept. 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for August 2014 was 1,339, down 43 from the 1,382 counted in July 2014, and up 72 from the 1,267 counted in August 2013. The international offshore rig count for August 2014 was 315, down 21 from the 336 counted in July 2014, and up 6 from the 309 counted in August 2013. The average U.S. rig count for August 2014 was 1,904, up 28 from the 1,876 counted in...

2014-09-04 08:22:21

HOUSTON, Sept. 4, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of August 2014, the Company had an average of 208 drilling rigs operating in the United States and 10 rigs in Canada. For the two months ended August 31, 2014, the Company had an average of 208 drilling rigs operating in the United States and 10 rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number...

2014-08-29 12:23:02

DUBLIN, Aug. 29, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Research and Development Forecast of Core Drilling Rig Market in China, 2014" report to their offering. http://photos.prnewswire.com/prnvar/20130307/600769 At present, the core drilling rig that applied in geological drilling work by geological prospecting enterprise can be classified into two kinds--one is hydraulic spindle type core drilling rig, the other all hydraulic top-head drive core...

2014-08-27 08:22:04

HOUSTON, Aug. 27, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on September 2, 2014 at the Barclays CEO Energy-Power Conference. Representing the Company at the conference will be Mark S. Siegel, Chairman, and Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 3:45 p.m. Eastern Time. To access the webcast, go to www.patenergy.com prior to the scheduled start...


Word of the Day
tessitura
  • The prevailing range of a vocal or instrumental part, within which most of the tones lie.
This word is Italian in origin and comes from the Latin 'textura,' web, structure.