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Latest Drilling rig Stories

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...

2014-07-08 08:23:19

HOUSTON, July 8, 2014 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced that Ronald Woll has been appointed Senior Vice President and Chief Commercial Officer, effective immediately. Based in Houston, Mr. Woll will have oversight of company marketing and contract acquisition activities. Mr. Woll has an extensive background in the oil-field services arena in a career covering business development, manufacturing, supply chain, and business process...

2014-07-08 08:21:59

HOUSTON, July 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2014 was 1,336, down 14 from the 1,350 counted in May 2014, and up 3 from the 1,333 counted in June 2013. The international offshore rig count for June 2014 was 314, down 12 from the 326 counted in May 2014, and down 23 from the 337 counted in June 2013. The average U.S. rig count for June 2014 was 1,861, up 2 from the 1,859 counted in May 2014, and...

2014-07-07 08:22:34

HOUSTON, July 7, 2014 /PRNewswire/ -- Paragon Offshore Limited (to be converted to Paragon Offshore plc) ("Paragon"), in preparation for its previously announced spin-off from Noble Corporation (NYSE: NE) ("Noble"), announced today that, subject to market and other conditions, it intends to offer for sale $1.185 billion in aggregate principal amount of senior unsecured notes due 2022 and 2024 in a private offering that is exempt from registration under the Securities Act of 1933, as...

2014-07-03 08:21:22

HOUSTON, July 3, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of June 2014, the Company had an average of 204 drilling rigs operating in the United States and six rigs in Canada. For the three months ended June 30, 2014, the Company had an average of 201 drilling rigs operating in the United States and three rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number...

2014-06-24 12:30:18

TORONTO, June 24, 2014 /CNW/ - Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge") today announced that it is accelerating its exploration program on the Wisner joint venture properties in response to new mineralization being identified in all five target areas investigated so far this year. Highlights: -- All nine drill holes in the new Twisted Wrench target area intersected weak Cu mineralization; -- Additional copper...

2014-06-24 08:22:55

HOUSTON, June 24, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold its conference call to discuss results for the second quarter ending June 30, 2014 on Thursday, July 24, 2014 at 9:00 a.m. Central Time. Participants can access the call by dialing (800) 706-7741 or (617) 614-3471 with the access code 34697733. The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at www.patenergy.com. A replay...

2014-06-21 23:03:52

As a mud tank and solids control system manufacturer, with location in Houston, and Beijing, GN designed mud tanks for over 30 countries in the world. GN new mud tank designed for the drilling rig including the construction of the mud tanks and new model of solids control equipment. Houston,Texas (PRWEB) June 21, 2014 As a mud tank and solids control system manufacturer, with location in Houston, and Beijing, GN designed mud tanks for over 30 countries in the world. GN oil drilling solids...

2014-06-19 12:24:06

LONDON, June 19, 2014 /PRNewswire/ -- Noble Corporation (NYSE:NE) today announced that Paragon Offshore Ltd., its wholly owned subsidiary, is beginning the process of raising external financing in preparation for the spin-off of Paragon Offshore in the third quarter of 2014. The external financing is expected to consist of a senior secured term loan B of approximately $550 million and approximately $1.2 billion of senior unsecured notes. As part of the external financing, Paragon...

2014-06-19 08:24:14

HOUSTON, June 19, 2014 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will issue a press release and host a conference call and webcast related to its second quarter 2014 operating results on Thursday, July 24, 2014. The conference call and webcast will begin at 8:00 a.m. CDT and will include a discussion by management regarding the Company's results of operation. http://photos.prnewswire.com/prnvar/20130725/NY53104LOGO-b The news release and a...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.