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Latest Precision Drilling Stories

2014-07-10 04:20:42

HONG KONG, July 10, 2014 /PRNewswire/ -- Anton Oilfield Services Group ("Antonoil" or the "Group", HKEx stock code: 3337), the leading independent oilfield services provider in China, is pleased to announce that a new Production Operation Service contract of the Group in Iraq has entered stable operations since billing started in this month. This project involves daily maintenance and management by Antonoil for a newly built Central Processing Facility (CPF) in an oilfield in southern...

2014-07-08 12:23:31

DALLAS, July 8, 2014 /PRNewswire/ -- The report "Downhole Tools Market by Types (Flow & Pressure Control Tools, Drilling Tools, Impurity Control Tools, Downhole Control System and Handling Tools), Application (Well Drilling, Well Completion, Well Intervention, Formation & Evaluation and Oil & Gas Production) & Geography - Global Trends & Forecast to 2019" by MarketsandMarkets, defines and segments the global Downhole Tools Market with an analysis and...

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...

2014-06-30 23:10:34

The wireline service market by types covers Logging, Well Intervention, and Completion. http://www.micromarketmonitor.com/market/north-america-wireline-services-6335093874.html (PRWEB) June 30, 2014 Wireline services are used for a wide range of purposes. The lifecycle of a well includes exploration, drilling, completion, stimulation, and intervention among others. Wireline services are used to run the tools and equipment into the downhole before and after the completion is done. These...

2014-06-28 23:00:53

High-energy demand from growing economies and new explorations and discoveries in Asia-Pacific market especially in China and India are driving the growth of oilfield services market. http://www.micromarketmonitor.com/market/asia-pacific-oilfield-services-8985890923.html (PRWEB) June 28, 2014 The global market revenue for oilfield services is valued at $151.0 billion in 2013. Oilfield services are required during various phases of the lifecycle of a well, including drilling, completion,...

2014-06-28 23:00:48

OCTG share to enhance in the global oilfield services market; rising energy demand and revitalization of aging of brown oil fields to be the major drivers. http://www.micromarketmonitor.com/market/europe-oilfield-services-2113780210.html (PRWEB) June 28, 2014 Continuously rising energy demand and revitalization of aging of brown oil fields are the major drivers for the oilfield services market. Additionally, the lucrative and high investment areas of subsea regions such as the Gulf of...

2014-06-18 16:23:00

HOUSTON, June 18, 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 announced the resignation of Peter C. Wallace from the Company's board of directors. Mr. Wallace's departure follows his recent appointment as chief executive officer of Gardner Denver, Inc. "We congratulate Pete on his new role," said Gary Rich, chairman, president and chief executive...

2014-06-17 12:23:02

HONG KONG, June 17, 2014 /PRNewswire/ -- Anton Oilfield Services Group ("Antonoil" or the "Group", HKEx stock code: 3337), the leading independent oilfield services provider in China announces that it has received a letter of award today that awards a stimulation project in Iraq to the Group. The project, which is located in southern Iraq, involves the application of coiled tubing acidizing technology for stimulation, at a contract value of around US$9.5 million for an effective...

2014-06-10 12:24:06

HONG KONG, June 10, 2014 /PRNewswire/ -- Anton Oilfield Services Group ("Antonoil" or the "Group", HKEx stock code: 3337), the leading independent oilfield services provider in China, is pleased to announce that the Group officially spudded a well in its reservoir production management project on June 9, 2014, representing that Reservoir Production Management Service of the Group has entered the implementation stage. Since the beginning of this year, the Group has secured two...

2014-06-05 08:22:36

DUBLIN, June 5, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/qwwt4l/drilling_fluids) has announced the addition of the "North American Drilling Fluids Market Report 2014 - Forecasts to 2019" report to their offering. http://photos.prnewswire.com/prnh/20130307/600769 Drilling fluids play an important role in the drilling process for bore wells, mineral extraction and oil and gas extraction. During drilling, drilling fluids are pumped down the drill...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.