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Last updated on April 17, 2014 at 21:23 EDT

Latest Drilling rig Stories

2014-02-26 16:24:40

HOUSTON, Feb. 26, 2014 /PRNewswire/ -- Sidewinder Drilling Inc. (the "Company") announced February 26, 2014 it will hold a conference call with bond investors on Monday, March 3 at 2:00 PM (Eastern Time) to discuss Preliminary Fourth Quarter 2013 EBITDA. Even though the Company is not required to report fourth quarter 2013 results until March 31, 2014, management would like to provide an update sooner given the time which has passed since its last update to bond investors. Also...

2014-02-26 08:22:50

HOUSTON, Feb. 26, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD), an international provider of contract drilling and drilling-related services and rental tools to the energy industry, today reported results for the quarter ended December 31, 2013, including fourth quarter net income of $10.2 million, or $0.08 per diluted share, on revenues of $243.3 million. These results include non-routine expenses of $3.3 million, pre-tax, related to the April acquisition of International...

2014-02-26 08:21:39

HOUSTON, Feb. 26, 2014 /PRNewswire/ --PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on March 4, 2014 at the Raymond James 35(th) Annual Institutional Investors Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 1:40 p.m. Eastern Time. To access the webcast, go to www.patenergy.com prior to the scheduled start time....

2014-02-25 04:21:16

CAMARILLO CA, Feb. 24, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX), is providing an update on its Polish shale gas project and it's Tishomingo Field, Caney oil shale operations in Oklahoma. Poland In Poland, the Company has successfully drilled, cased and cemented its Gapowo B-1 horizontal well with excellent gas readings regularly recorded throughout the lateral. The well successfully drilled the targeted over-pressured, gas charged, organic-rich...

2014-02-24 08:22:51

TORONTO, Feb. 24, 2014 /CNW/ - Alacer Gold Corp. ("Alacer" or the "Company") [TSX: ASR and ASX: AQG] announces results from the Company's 2013 exploration program in Turkey. Below are highlights from the 2013 drilling exploration program. Results are from two areas in the Çöpler District (Bayramdere and Yakuplu) and first results from a new project in western Turkey (Dursunbey). To view the complete drill assay results and further technical information relating to this news...

2014-02-20 12:22:42

Continues expansion by adding crews and equipment to Permian Basin and Eagle Ford operations in January MIDLAND, Texas, Feb. 20, 2014 /PRNewswire/ -- STW Resources Holding Corp. (OTC QB: STWS) ("STW" or the "Company") announced today that its 75% owned subsidiary STW Energy has expanded operations in South Texas and has increased Permian Basin services by adding additional crews and equipment. STW Energy has added salespeople, and 20 field operations employees to meet the high...

2014-02-18 12:23:27

Appoints New Oil & Gas Business Development Manager WEST CHESTER, Pa., Feb. 18, 2014 /PRNewswire/ -- Schramm, Inc., a world class manufacturer of mobile, land-based hydraulic drill rigs used extensively in the global energy industry, has appointed Mr. Kelly Shideler to the newly created position of Oil & Gas Business Development Manager based in Houston, Texas. Mr. Shideler's responsibilities will include the energy sector in the South Central Region of the United States...

2014-02-13 08:22:14

SAN ANTONIO, Feb. 13, 2014 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the year ended December 31, 2013. Highlights include: -- Production Services Segment revenue was $112.2 million in the fourth quarter, down by 1% from the prior quarter. -- Well servicing rigs achieved an 85% utilization rate and an average hourly rate of $648. -- Drilling Services Segment margin per day was $8,518, up 6% over the...

2014-02-12 23:27:31

GN Solids America LLC is the USA based first solids control equipment company from China. As one of the leading solids control equipment brand in the world, GN Solids Control design and manufacture complete line Solids Control equipment including: Shale Shakers, Mud Cleaner, Decanter Centrifuge, Vacuum Degasser, Desander, Desilter, Centrifugal Pump, mud agitators, poor boy degasser, mud tank etc. (PRWEB) February 12, 2014 "GN Solids Control" is one of the few famous Brand solids...

2014-02-12 16:22:06

HOUSTON, Feb. 12, 2014 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today appointed Marc Edwards as President and Chief Executive Officer and as a member of the Board of Directors, effective March 3, 2014. Mr. Edwards succeeds Lawrence Dickerson, who announced his intent to retire in September 2013 after almost 30 years of continuous service to the Company. (Logo: http://photos.prnewswire.com/prnh/20130725/NY53104LOGO-b) "We are very pleased to have a proven leader...