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Latest Drilling rig Stories

2013-10-24 16:23:53

HOUSTON, Oct. 24, 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 October 24, 2013. The report titled "Monthly Fleet Status Report" can be found on the Company's website at www.rowancompanies.com. (Logo: http://photos.prnewswire.com/prnh/20120827/DA62568LOGO) Notable events in the current report include: -- EXL III: Awarded an estimated...

2013-10-24 08:26:38

MONTREAL, Oct. 24, 2013 /CNW Telbec/ - Greg Struble, President and CEO of Maudore Minerals Ltd. (MAO: TSX-Venture; MAOMF: US OTC; M6L: Frankfurt Exchange) reports that Maudore's subsidiary, Aurbec Mines Inc. (Aurbec), has received assays from its current underground drilling campaign at the Sleeping Giant mine, located some 80 km north of Amos, Quebec in the Northern Volcanic Zone of the Abitibi Greenstone Belt. These assays include high quality intersections, some of them...

2013-10-24 08:24:09

Repurchased 3.2 Million Shares in Third Quarter HOUSTON, Oct. 24, 2013 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and nine months ended September 30, 2013. The Company reported net income of $74.4 million, or $0.51 per share, for the third quarter of 2013, compared to net income of $50.8 million, or $0.33 per share, for the quarter ended September 30, 2012. Revenues for the third quarter of 2013 were $731 million,...

2013-10-23 12:23:11

SPOKANE, Wash., Oct. 23, 2013 /PRNewswire/ -- Daybreak Oil and Gas, Inc. (OTC: DBRM) ("Daybreak" or the "Company"), a Washington corporation, is pleased to announce that its third consecutive successful oil well has been drilled in the recently-acquired Twin Bottoms Field Project in Lawrence County, Kentucky. The Dwight Dillon H-6 well was drilled to a measured depth ("MD") of 5,100 feet and a true vertical depth ("TVD") of 1,442 feet. Logs and other measurement data indicate that...

2013-10-22 16:22:39

Includes charges of $0.50 per share for debt redemption and asset impairments, net of early terminations HAMILTON, Bermuda, Oct. 22, 2013 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) today announced its results for the third quarter and nine months ended September 30, 2013. Adjusted income derived from operating activities was $165.9 million for the third quarter, compared to $225.8 million in the third quarter of 2012 and $89.6 million in the second quarter of this year. Operating...

2013-10-22 08:26:09

Highlights include: DENVER, Oct. 22, 2013 /PRNewswire/ -- Kodiak Oil & Gas Corp. (NYSE: KOG), an oil and gas exploration and production company with primary assets in the Williston Basin of North Dakota, today announced preliminary unaudited operational and financial results for the third quarter ended September 30, 2013 and provided a Williston Basin operations update. (Logo: http://photos.prnewswire.com/prnh/20131007/LA93138LOGO) Kodiak has prepared the preliminary...

2013-10-22 08:25:47

THE WOODLANDS, Texas, Oct. 22, 2013 /PRNewswire/ -- Newfield Exploration Company (NYSE: NFX) today announced the signing of a share purchase agreement to sell all of its equity interests in Newfield Malaysia Holdings to SapuraKencana Petroleum Berhad for a total cash consideration of $898 million, which is expected to close in early 2014. The agreement is subject to the approval of Petroliam Nasional Berhad (PETRONAS) under the applicable Production Sharing Contracts, the purchaser's...

2013-10-15 08:24:43

Gas Division Production Ramp Is on Track to Meet 2014 Guidance; PITTSBURGH, Oct. 15, 2013 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) is providing an operations update for the quarter ended September 30, 2013. The company produced and sold more gas and coal during the quarter than expected. CONSOL also signed a definitive agreement for infrastructure build-out in the Utica Shale, in Noble County, Ohio. CONSOL's Gas Division produced 46.1 Bcfe for the 2013 third quarter, or...

2013-10-15 08:21:24

FORT WORTH, Texas, Oct. 15, 2013 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of September 2013. Basic's well servicing rig count remained unchanged at 425. Well servicing rig hours for the month were 69,300 producing a rig utilization rate of 71%, compared to 77% and 71% in August 2013 and September 2012, respectively. During the month, Basic's fluid service truck count decreased by one to 969. Fluid...

2013-10-11 08:20:51

- Continued improvement in drilling efficiencies during the third quarter drives U.S. well count higher, despite static rig count. HOUSTON, Oct. 11, 2013 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the U.S. onshore Well Count for the third quarter 2013 is 9,175 wells; up 164 wells or 2% from the revised 9,011 wells counted in the second quarter 2013. Compared to the third quarter 2012, the Well Count was down 236 wells or 3%. Due to improved drilling...