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Latest Drilling rig Stories

2014-07-22 20:21:12

Second-Quarter Highlights Include: HAMILTON, Bermuda, July 22, 2014 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) today reported its financial results for the second quarter of 2014. Operating revenues and earnings from unconsolidated affiliates for this quarter totaled $1.62 billion, compared to $1.50 billion in the same quarter of the prior year and $1.59 billion in the first quarter of 2014. Net income from continuing operations was $65.7 million or $0.21 per diluted...

2014-07-22 12:24:04

SPRING, Texas, July 22, 2014 /PRNewswire/ -- Integrated Drilling Equipment Holdings Corp. ("IDE") (OTC: IRIG) announced today the appointment of Jim Terry, 60, as chief executive officer, effective immediately. Mr. Terry replaces the former CEO, Stephen Cope, who resigned in April of this year. Effective with his CEO appointment, Mr. Terry will also become a member of IDE's Board of Directors. Prior to his appointment, Jim Terry was the CEO and President of Particle Drilling...

2014-07-21 08:23:00

MONCTON, NB, July 21, 2014 /CNW/ - Major Drilling is pleased to announce its entry into the underground percussive/longhole drilling sector with its agreement to purchase the operations of Taurus Drilling Services. This business operates in Canada, the U.S. and Mexico, providing underground percussive/longhole drilling to mining company clients. Through this purchase, Major Drilling will acquire 39 drill rigs, together with related equipment, inventory and contracts. In...

2014-07-15 12:22:30

HOUSTON, July 15, 2014 /PRNewswire/ -- Athens Group, a leading provider of independent, 3rd-party technology assurance services for oil and gas drilling and production systems, is pleased to announce receipt of U.S. Patent No.: 8793114, entitled Method and System for Drilling Rig Testing Using Virtualized Components from the United States Patent and Trademark Office. http://photos.prnewswire.com/prnvar/20131031/DA07008LOGO This patented technology will help improve the quality and...

2014-07-14 08:22:41

HONG KONG, July 14, 2014 /PRNewswire/ -- Anton Oilfield Services Group ("Antonoil" or the "Group", HKEx stock code: 3337), the leading independent oilfield services provider in China, is pleased to announce that the Group commences mobilization and operations of two drilling rigs in Erdos Basin. Through a centralized tender run by a client in the Erdos area early in the year, Antonoil won two annual contracts for these two drilling rigs, both were framework contracts with fixed prices...

2014-07-14 08:21:55

ZUG, Switzerland, July 14, 2014 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) entered into agreements with Rosneft for the sale of the Company's land drilling and workover operations in Russia and Venezuela. The consideration is $500 million in cash. The Russian rig operations include 61 land drilling crews and a fleet of workover rigs, essentially pulling units while the Venezuela operations include 6 land drilling rigs. The rig staffing is approximately 7,800 in Russia...

2014-07-11 16:21:20

HOUSTON, July 11, 2014 /PRNewswire/ -- Paragon Offshore Limited (to be converted to Paragon Offshore plc) ("Paragon"), in preparation for its previously announced spin-off from Noble Corporation plc (NYSE:NE) ("Noble"), announced today the pricing of $500 million aggregate principal amount of Paragon's 6.75% senior unsecured notes due 2022 and $580 million aggregate principal amount of its 7.25% senior unsecured notes due 2024, in a private offering that is exempt from registration...

2014-07-11 08:21:59

FORT WORTH, Texas, July 11, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of June 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 71,600 producing a rig utilization rate of 74%, compared to 70% and 79% in May 2014 and June 2013, respectively. During the month, Basic's fluid service truck count decreased by one to 1,016. Fluid service truck...

2014-07-10 23:04:47

MarketResearchReports.Biz presents this most up-to-date research on "Global Drilling Machine Industry 2014". Albany, NY (PRWEB) July 10, 2014 Market Research Report on Global Drilling Machine Industry was a professional and depth research report on Global Drilling Machine industry that you would know the world's major regional market conditions of Drilling Machine industry, the main region including North American, Europe and Asia etc, and the main country including United...

2014-07-08 08:33:53

CALGARY, July 8, 2014 /PRNewswire/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is very pleased to announce that the fifth well in its 2014 Work Plan and Budget (the "2014 WP&B") has now spud and drilling is underway. The OzEpsilon-1 well is a vertical exploration well located in Exploration Permit 128. This is the fifth and final vertical test well to be drilled as part of the 2014 WP&B. All wells will include an extensive open hole evaluation program and up to...


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call-note
  • The call or cry of a bird or other animal to its mate or its young.
'Call-note' is newer than 'bird-call,' which originally referred to 'an instrument for imitating the note of birds' but now also refers to 'the song or cry of a bird.'
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