Drilling rig

PRECISION DRILLING CORPORATION 2020 FIRST QUARTER RESULTS CONFERENCE CALL AND WEBCAST

Retrieved on: 
Thursday, April 9, 2020
Copiapó mining accident, Precision Drilling, Petroleum production, Drilling rig, Drilling, Petroleum industry, Industrial processes

CALGARY, Alberta, April 09, 2020 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2020 first quarter results before the market opens on Thursday, April 30, 2020, and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m.

Key Points: 
  • CALGARY, Alberta, April 09, 2020 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2020 first quarter results before the market opens on Thursday, April 30, 2020, and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m.
  • An archived version of the webcast will be available for approximately 60 days.
  • Precision is a leading provider of safe and High Performance, High Value services to the oil and gas industry.
  • Precision provides customers with access to an extensive fleet of Super Series drilling rigs supported by an industry leading technology platform that offers innovative drilling solutions to deliver efficient, predictable and repeatable results through service differentiation.

VAALCO ANNOUNCES SOUTH EAST ETAME 4H WELL HAS BEEN SUCCESSFULLY COMPLETED AND PLACED ON PRODUCTION

Retrieved on: 
Wednesday, March 25, 2020
Oil wells, Technology, Petroleum production, Inventions, Petroleum industry, Workover, Petroleum engineering, Petroleum geology, Drilling rig

Following the completion of the South East Etame 4H well, we began the planned workover on the South East Etame 2H well to replace ESPs.

Key Points: 
  • Following the completion of the South East Etame 4H well, we began the planned workover on the South East Etame 2H well to replace ESPs.
  • We expect to bring the South East Etame 2H well back online around the end of March, which should restore production of approximately 2,400 gross BOPD.
  • With the drilling of the South East Etame 4H well, VAALCO has completed its 2019/2020 drilling campaign.
  • The drilling rig on the South East Etame North Tchibala (SEENT) platform was already scheduled to replace the ESP on that well in a preemptive workover upon completion of the South East Etame 4H well.

DISCOVERY PROVIDES UPDATE ON BUSINESS CONTINUITY PLANS IN RESPONSE TO COVID-19

Retrieved on: 
Thursday, March 19, 2020
Economy of Toronto, OTC Markets Group, Toronto Stock Exchange, Discovery, Drilling rig, Economies, Natural gas

TORONTO, March 19, 2020 (GLOBE NEWSWIRE) -- Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (Discovery or the Company) announces that it has begun implementing business continuity plans and procedures at its Mexican operations and corporate office in Toronto in response to developing concerns around COVID-19.

Key Points: 
  • TORONTO, March 19, 2020 (GLOBE NEWSWIRE) -- Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (Discovery or the Company) announces that it has begun implementing business continuity plans and procedures at its Mexican operations and corporate office in Toronto in response to developing concerns around COVID-19.
  • In response to ongoing concerns around COVID-19 Discovery has chosen to decelerate exploration activity at the Cordero Project (Cordero) to one drill rig in order to limit the number of employees at site.
  • Additional health and safety protocols have also been implemented and the Company has also restricted international travel to site.
  • Discovery does not assume any obligation to update any forward-looking statements except as required under applicable laws.

Zion Oil & Gas Purchases Drilling Rig for Israel Operations

Retrieved on: 
Wednesday, March 18, 2020
Western Asia, Geography of Asia, Petroleum engineering, Petroleum geology, Megiddo, Drilling rig, Israel, Zion

"With our asset based in the State of Israel, our planning and flexibility will become more robust."

Key Points: 
  • "With our asset based in the State of Israel, our planning and flexibility will become more robust."
  • The rig and equipment will be imported into Israel from Romania, where the Drilling Rig is currently stored.
  • Zion Oil & Gas, a public company traded on NASDAQ (ZN), explores for oil and gas onshore in Israel on their 99,000-acre Megiddo-Jezreel license area.
  • Shout aloud and sing for joy, people of Zion, for great is the Holy One of Israel among you."

Visiongain Report: Global Land Drill Rigs Market Will See A Capital Expenditure (Capex) Of $43,454.1mn

Retrieved on: 
Tuesday, March 17, 2020
Petroleum engineering, Petroleum production, Drilling rig, Han dynasty, Petroleum geology, Drill, Technology, Petroleum industry, Deepwater drilling

- Forecasts by Rig Type (Conventional Rigs & Mobile Rigs), by Power (2500) Hp) AND by Region PLUS Profiles of Leading Companies in the Land Drill Rigs Market

Key Points: 
  • - Forecasts by Rig Type (Conventional Rigs & Mobile Rigs), by Power (2500) Hp) AND by Region PLUS Profiles of Leading Companies in the Land Drill Rigs Market
    LONDON, March 17, 2020 /PRNewswire/ -- Visiongain has calculated that the global Land Drill Rigs market will see a capital expenditure (CAPEX) of $43,454.1mn in 2020.
  • Through extensive secondary research and interviews with industry experts, Visiongain has identified a series of market trends that will impact the Land Drill Rigs market over the forecast timeframe.
  • What are the market shares of each segment of the overall land drill rigs market in 2020?
  • Five Reasons Why You Must Order and Read This Report Today:
    1) The report provides forecasts for the global Land Drill Rigs market, by Rig Type for the period 2020-2030
    3) The report reveals where and how companies are investing in Land Drill Rigs.

Visiongain Report: Global Land Drill Rigs Market Will See A Capital Expenditure (Capex) Of $43,454.1mn

Retrieved on: 
Tuesday, March 17, 2020
Petroleum engineering, Petroleum production, Drilling rig, Han dynasty, Petroleum geology, Drill, Petroleum industry, Technology, Rig, Deepwater drilling

LONDON, March 17, 2020 /PRNewswire/ -- Visiongain has calculated that the global Land Drill Rigs market will see a capital expenditure (CAPEX) of $43,454.1mn in 2020.

Key Points: 
  • LONDON, March 17, 2020 /PRNewswire/ -- Visiongain has calculated that the global Land Drill Rigs market will see a capital expenditure (CAPEX) of $43,454.1mn in 2020.
  • Through extensive secondary research and interviews with industry experts, Visiongain has identified a series of market trends that will impact the Land Drill Rigs market over the forecast timeframe.
  • What are the market shares of each segment of the overall land drill rigs market in 2020?
  • Five Reasons Why You Must Order and Read This Report Today:
    1) The report provides forecasts for the global Land Drill Rigs market, by Rig Type for the period 2020-2030
    3) The report reveals where and how companies are investing in Land Drill Rigs.

The Global Sliding Sleeves Market is expected to grow by USD 743.19 mn during 2020-2024, progressing at a CAGR of 3% during the forecast period

Retrieved on: 
Tuesday, March 10, 2020
Drilling rig, Han dynasty, Petroleum engineering, Petroleum geology, Marketplace, Natural gas, Petroleum

This study identifies adoption of new-generation automated drilling rigs as the prime reasons driving the global sliding sleeves market growth during the next few years.

Key Points: 
  • This study identifies adoption of new-generation automated drilling rigs as the prime reasons driving the global sliding sleeves market growth during the next few years.
  • The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
  • The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

XCMG Foundation Brings Flagship Drilling Rigs to CONEXPO-CON/AGG 2020

Retrieved on: 
Tuesday, March 10, 2020
Construction, Technology, Articles, XCMG, Petroleum geology, Geotechnical engineering, Drilling rig, Drilling, Directional boring, Rotary, Directional drilling, Deep foundation

The XZ4055 horizontal directional drilling rig is automatic and eco-friendly and comes with an engine that meets Stage V emission standards in North America.

Key Points: 
  • The XZ4055 horizontal directional drilling rig is automatic and eco-friendly and comes with an engine that meets Stage V emission standards in North America.
  • XCMG Foundation was founded in August 2019 as a subsidiary of XCMG to specialize in the development and manufacturing of piling, drilling, mining, rail and non-excavating machinery.
  • XCMG Foundation launched the largest tonnage rotary drilling rig and horizontal directional drilling rig in the world.
  • "XCMG Foundation has worked diligently to develop 'Advanced and Endurable' products and improve quality, safety and reliability.

Precision Drilling Corporation Announces Filing of Annual Disclosure Documents

Retrieved on: 
Tuesday, March 10, 2020
Technology, Petroleum production, Drilling rig, Han dynasty, Petroleum engineering, Petroleum geology, Sedar, System for Electronic Document Analysis and Retrieval, Geotechnical engineering, Directional drilling, EDGAR, Precision

The Annual Report and Precisions Annual Information Form have been filed on the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) and on Form 40-F on the SECs Electronic Data Gathering, Analysis and Retrieval (EDGAR) system.

Key Points: 
  • The Annual Report and Precisions Annual Information Form have been filed on the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) and on Form 40-F on the SECs Electronic Data Gathering, Analysis and Retrieval (EDGAR) system.
  • Precision is a leading provider of safe and High Performance, High Value services to the oil and gas industry.
  • Precision provides customers with access to an extensive fleet of Super Series drilling rigs supported by an industry leading technology platform that offers innovative drilling solutions to deliver efficient, predictable and repeatable results through service differentiation.
  • Precision also offers directional drilling services, well service rigs, camps and rental equipment all backed by a comprehensive mix of technical support services and skilled, experienced personnel.

Baker Hughes Announces February 2020 Rig Counts

Retrieved on: 
Friday, March 6, 2020
Oil, Gas, Energy, Companies, Petroleum production, Petroleum industry, Drilling rig, Han dynasty, Petroleum engineering, Petroleum geology, Baker Hughes, Hughes Tool Company, Precision Drilling, Well drilling

The Baker Hughes rig counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the U.S., Canada and international markets.

Key Points: 
  • The Baker Hughes rig counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the U.S., Canada and international markets.
  • The Company has issued the rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of the U.S. and Canadian drilling activity.
  • Additional detailed information on the Baker Hughes rig counts is available on our website.
  • Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide.