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Latest Precision Drilling Stories

2014-08-20 12:24:17

ALBANY, New York, August 20, 2014 /PRNewswire/ -- According to a new market report published by Transparency Market Research "Wireline Services Market - Global Industry Analysis Size Share Growth Trends and Forecasts 2014-2020," wireline services market was USD 19.10 billion in 2014 and is expected to reach USD 34.96 billion by 2020, growing at a CAGR of 10.36% from 2014 to 2020. The oil field service companies accommodate the wireline services to the exploration and...

2014-08-13 20:21:18

HOUSTON, Aug. 13, 2014 /PRNewswire/ -- Sidewinder Drilling Inc. (the "Company") announced August 13, 2014 it will hold a conference call with bond investors on Friday, August 22, 2014 at 10:00 AM (Eastern Time) to discuss Second Quarter 2014 results. Call-in details will be provided via email to Sidewinder's existing bond holders. For those bond holders who are in need of the details and have not received them, please call the Company. Sidewinder was formed in 2011 by the...

2014-08-12 23:01:21

U.S. Congressman John Carter (R-Texas) visited Tolteq, a high-tech manufacturer that designs and produces innovative directional drilling guidance systems, a critical technology used for well placement commonly referred to in the industry as Measurement While Drilling (MWD). Cedar Park, Texas (PRWEB) August 12, 2014 During his visit to Tolteq, Congressman Carter was exposed to the ruggedized hardware and sophisticated electronics that have allowed energy companies to successfully tap into...

2014-08-12 08:22:58

FORT WORTH, Texas, Aug. 12, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of July 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 73,300 producing a rig utilization rate of 69%, compared to 74% and 71% in June 2014 and July 2013, respectively. During the month, Basic's fluid service truck count increased by three to 1,019. Fluid service truck...

2014-08-05 08:24:15

HOUSTON, Aug. 5, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of July 2014, the Company had an average of 207 drilling rigs operating in the United States and nine rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average...

2014-08-04 12:23:18

HONG KONG, Aug. 4, 2014 /PRNewswire/ -- Anton Oilfield Services Group ("Anton" or the "Group", HKEx stock code: 3337), the leading independent oilfield services provider in China, is pleased to announce that the Group is today awarded the contract for a drilling project in southern Iraq, providing services with two rigs on a day-rate basis with the mobilization cost covered by the client. The contract, with a value of about US$50 million, is effective for a period of three years and...

2014-08-01 16:21:49

MONCTON, NB, Aug. 1, 2014 /CNW/ - Major Drilling Group International Inc. ("Major Drilling") (TSX: MDI) is pleased to announce that it has completed the previously announced acquisition of the assets and business of Taurus Drilling. Through this acquisition Major Drilling is entering into the underground percussive/longhole drilling sector with operations in Canada, the U.S. and Mexico. Pursuant to this transaction, Major Drilling has acquired 39 drill rigs, together with...

2014-07-30 16:24:12

HOUSTON, July 30, 2014 /PRNewswire/ -- Superior Energy Services, Inc. (NYSE: SPN) today announced net income from continuing operations of $79.1 million, or $0.50 per diluted share, and net income of $75.2 million, or $0.47 per diluted share, on revenue of $1,107.6 million for the second quarter of 2014. These results compare with the second quarter of 2013 net income from continuing operations of $74.1 million, or $0.46 per diluted share, and net income of $68.6 million, or $0.43...

2014-07-28 16:22:12

LONDON, July 28, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:Global Oilfield Equipment Rental Market 2014-2018https://www.reportbuyer.com/product/2225691/Global-Oilfield-Equipment-Rental-Market-2014-2018.htmlAbout Oilfield Equipment RentalRental oilfield equipment is used for the extraction of oil and gas from reservoirs. This equipment is either taken on rent or lease by the oilfield operator, as it will reduce the capital cost for the...

2014-07-23 23:18:47

The Latin America Drilling fluid and Completion fluid Market Report defines and segments the drilling fluid and completion fluid market in Latin America with analysis and forecast of revenue. http://www.micromarketmonitor.com/market/latin-america-drilling-fluid-completion-fluid-9727352154.html. (PRWEB) July 22, 2014 The Latin America Drilling fluid and Completion fluid Market Report defines and segments the drilling fluid and completion fluid market in Latin America with analysis and...


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.
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