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Latest Precision Drilling Stories

2014-09-29 08:24:40

Editor Note: For more information about this release, please scroll to bottom. LONDON, September 29, 2014 /PRNewswire/ -- SOURCE Investor-Edge

2014-09-26 23:03:47

The latest report on wireline logging services market published by MarketsandMarkets indicates that the market is projected to reach a value of $25.46 Billion by 2019. North America is expected to lead the global Wireline Logging Services Market with a share of about 45% in terms of value in 2014. (http://www.marketsandmarkets.com/Market-Reports/wireline-logging-services-market-259356422.html) (PRWEB) September 26, 2014 The report "Wireline Logging Services Market by Hole Type (Cased...

2014-09-23 23:03:27

The lucrative and high investment areas of subsea regions in the U.S. and Canada are also driving the exponential growth of the market. http://www.micromarketmonitor.com/market/north-america-drilling-fluid-completion-fluid-2200133703.html (PRWEB) September 23, 2014 The global water-based drilling & completion fluids market report defines and segments the concerned market with analysis and forecast of revenue. The market is estimated to grow from $6,394.7 million in 2013 to...

2014-09-23 08:23:13

SAN ANTONIO, Sept. 23, 2014 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it has amended its existing revolving credit facility. The new agreement provides Pioneer with a $350 million, five-year, senior secured revolving credit facility, which represents an increase of $100 million in total potential borrowing capacity over the Company's previous facility. The new agreement also provides a lower interest rate and extends the maturity date of the credit...

2014-09-22 12:23:13

WEST CHESTER, Pa., Sept. 22, 2014 /PRNewswire/ -- Schramm Inc., a world-class manufacturer of land-based hydraulic drilling rigs, today announced a partnership with FEMCO, an aftermarket parts manufacturer and emergency repair services provider, to support its customers operating in North Dakota, South Dakota and Texas. The service centers provide onsite, real-time, 24-hour technical support for local parts, as well as any hydraulic, electrical or mechanical issues. For Schramm...

2014-09-17 16:23:05

LONDON, Sept. 17, 2014 /PRNewswire/ -- The onshore mature oil & gas reserves shifts the focus of operator companies towards deep water offshore areas. The increasing demand of energy has pushed the exploration and production activities in the deep and ultra-deep region thereby growing the demand for the offshore drilling services. The escalated demand of these services is backed off by the increasing demand of energy and soaring capital expenditures by the various oil and gas...

2014-09-15 12:22:45

DALLAS, September 15, 2014 /PRNewswire/ -- The report "Wireline Logging Services Market by Hole Type (Cased Hole, Open Hole), by Wireline Type (Electricline, Slickline) & Geography (Asia-Pacific, Europe, Middle East, Africa, North America, South America) - Global Trends & Forecast to 2019", defines and segments the Wireline Logging Services Market with an analysis and forecast of the global revenue. Browse 70 market data tables with 29 figures spread through 171...

2014-09-11 23:08:18

Oilfield Equipment Rental Market report provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. (http://www.marketsandmarkets.com/Market-Reports/oilfield-equipment-rental-market-1083.html) (PRWEB) September 11, 2014 The market study on "Oilfield Equipment Rental Market by Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves...

2014-09-04 08:22:21

HOUSTON, Sept. 4, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of August 2014, the Company had an average of 208 drilling rigs operating in the United States and 10 rigs in Canada. For the two months ended August 31, 2014, the Company had an average of 208 drilling rigs operating in the United States and 10 rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number...

2014-09-01 12:20:55

DALLAS, September 1, 2014 /PRNewswire/ -- The market study on "Oilfield Equipment Rental Market by Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Other Equipment - Global Trends and Forecasts to 2019"published by MarketsandMarkets, defines and segments the market with regional forecast and segment revenue estimates through to 2019. Top market players from the...


Word of the Day
humgruffin
  • A terrible or repulsive person.
Regarding the etymology of 'humgruffin,' the OED says (rather unhelpfully) that it's a 'made-up word.' We might guess that 'hum' comes from 'humbug' or possibly 'hum' meaning 'a disagreeable smell,' while 'gruffin' could be a combination of 'gruff' and 'griffin.'