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Last updated on April 23, 2014 at 21:24 EDT

Latest Drilling rig Stories

2014-01-06 08:28:15

HOUSTON, Jan. 6, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2013, the Company had an average of 187 drilling rigs operating in the United States and 9 rigs in Canada. For the three months ended December 31, 2013, the Company had an average of 183 drilling rigs operating in the United States and 9 rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average...

2013-12-30 23:03:50

Innodrill began implementation of Bigfoot CMMS, Smartware Group’s cloud-based maintenance automation solution accessed by more than 10,000 users in 20 industries worldwide. Center Harbor, NH (PRWEB) December 30, 2013 Innodrill began implementation of Bigfoot CMMS (Computerized Maintenance Management Software), Smartware Group’s cloud-based maintenance automation solution accessed by more than 10,000 users in 20 industries worldwide. Innodrill, a subsidiary of Huisman, the world’s...

2013-12-26 23:02:17

For over 65 years of being an international leader in manufacturing quality pneumatic and hydraulic drilling equipment for mining and minerals, and for recently opening their world headquarters in Wentzville, Mo., Mid-Western LLC has received the Business Spotlight Award for December from the Economic Development Roundtable of St. Charles County. Wentzville, MO (PRWEB) December 26, 2013 For over 65 years of being an international leader in manufacturing quality pneumatic and hydraulic...

2013-12-24 08:22:39

DUBLIN, Ireland, December 30, 1899 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/wvs8h7/offshore_drilling) has announced the addition of the "Global Offshore Drilling Market 2013-2018" [http://www.researchandmarkets.com/research/wvs8h7/offshore_drilling ] report to their offering. <start_newscom> (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) The growing demand for energy, coupled with increasing investment...

2013-12-19 20:20:41

HOUSTON, Dec. 19, 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 December 19, 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 II: Awarded a three-year...

2013-12-19 12:24:10

HOUSTON, Dec. 19, 2013 /PRNewswire/ -- Liberty Energy Corp. (OTCQB: LBYE) ("Liberty" or "the Company") an independent oil and gas company targeting onshore Texas oil conventional plays with a current focus on the Fort Worth Basin, today announced that the Company has executed terms to acquire a drilling rig capable of drilling to depths of 3,000 feet. "The outlook for 2014 has greatly improved now that we have paid off all convertible debt, filed all our most recent financial...

2013-12-18 08:23:55

HOUSTON, Dec. 18, 2013 /PRNewswire/ -- Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its main operations in Texas, today provided an operational update on the status of its drilling activity in the Austin Chalk and other certain matters. Operational Update "After nine months of organizational restructuring and improvements under the leadership of Chief Executive Officer, Anthony "Tony" Schnur and former board chair, Ryan...

2013-12-18 08:23:22

HOUSTON, Dec. 18, 2013 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will incur a pretax non-cash charge of approximately $37.8 million (or an estimated $24.0 million after-tax) related to its mechanically powered rig fleet. This charge reflects the recent shift in customer demand away from mechanically powered drilling rigs to electric powered drilling rigs. This pretax non-cash charge includes $7.9 million from the retirement of 48 of its...

2013-12-12 08:24:24

HALIFAX, Dec. 12, 2013 /PRNewswire/ - Brigus Gold Corp. ("Brigus" or the "Company") (NYSE MKT: BRD) (TSX: BRD) reports additional drilling results from its ongoing drill program at the Contact Zone on the Grey Fox project along with the discovery of a new hanging wall zone. "This new zone further confirms that the Grey Fox project is open for expansion in all directions," said Howard Bird, Brigus' Senior Vice President of Exploration. "Three drill rigs will systematically test...

2013-12-11 08:21:06

FORT WORTH, Texas, Dec. 11, 2013 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of November 2013. Basic's well servicing rig count remained unchanged at 425. Well servicing rig hours for the month were 60,500 producing a rig utilization rate of 62%, compared to 71% and 62% in October 2013 and November 2012, respectively. During the month, Basic's fluid service truck count increased by 6 to 989. Fluid service...