Drilling rig

Nevada Exploration Commences 2020 Drilling Program at South Grass Valley Carlin-Type Gold Project

Retrieved on: 
Tuesday, January 7, 2020

RENO, Nev., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (NGE or the Company) (TSX-V: NGE; OTCQB: NVDEF) is pleased to announce that it has commenced its 2020 drilling program at its South Grass Valley Project (the Project).

Key Points: 
  • RENO, Nev., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (NGE or the Company) (TSX-V: NGE; OTCQB: NVDEF) is pleased to announce that it has commenced its 2020 drilling program at its South Grass Valley Project (the Project).
  • An RC drill rig has mobilized to the Project and has begun drilling at its first drill site, located close to Goodwin Butte, within the Freddie target area.
  • The Company expects to complete the drilling program by way of two cycles through the four target areas.
  • Discussing the drilling program, Wade Hodges, CEO: We are very pleased to keep the momentum building at the Project.

Otis Completes Drilling at Kilgore

Retrieved on: 
Friday, December 13, 2019

VANCOUVER, British Columbia, Dec. 13, 2019 (GLOBE NEWSWIRE) -- Otis Gold Corp. (Otis or the Company) (TSX-V: OOO) (OTC: OGLDF) is pleased to announce the completion of drilling operations at its flagship Kilgore Project, Clark County, Idaho.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 13, 2019 (GLOBE NEWSWIRE) -- Otis Gold Corp. (Otis or the Company) (TSX-V: OOO) (OTC: OGLDF) is pleased to announce the completion of drilling operations at its flagship Kilgore Project, Clark County, Idaho.
  • The 2019 drill program was conducted by Alford Drilling of Butte, Montana and Major Drilling of Salt Lake City, Utah using Foremost 1500 and Schramm 450 reverse circulation drill rigs respectively.
  • All downhole surveys were conducted by Intermountain Drilling Supply of Elko, Nevada using a downhole, north seeking gyro survey tool.
  • The Kilgore Project lies on the north-eastern margin of the Miocene-Pliocene Kilgore Caldera complex in the Eastern Snake River Plain, Idaho.

Major Oil Companies Believe Namibia is Africa's Next Oil Hot Spot

Retrieved on: 
Thursday, December 12, 2019

At the moment, Shell is working in collaboration with American upstream oil company Kosmos Energy and NAMCOR with plans to drill in early 2021.

Key Points: 
  • At the moment, Shell is working in collaboration with American upstream oil company Kosmos Energy and NAMCOR with plans to drill in early 2021.
  • Henderson Rigs has been instrumental in identifying several Texas based drilling rigs ideally suited for drilling in the Kavango basin.
  • In keeping with ReconAfrica's expected growth and focus in Namibia, the Company has completed a process for review of its external auditors in 2019.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Major Oil Companies Believe Namibia is Africa's Next Oil Hot Spot

Retrieved on: 
Thursday, December 12, 2019

At the moment, Shell is working in collaboration with American upstream oil company Kosmos Energy and NAMCOR with plans to drill in early 2021.

Key Points: 
  • At the moment, Shell is working in collaboration with American upstream oil company Kosmos Energy and NAMCOR with plans to drill in early 2021.
  • Henderson Rigs has been instrumental in identifying several Texas based drilling rigs ideally suited for drilling in the Kavango basin.
  • In keeping with ReconAfrica's expected growth and focus in Namibia, the Company has completed a process for review of its external auditors in 2019.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Baker Hughes Announces November 2019 Rig Counts

Retrieved on: 
Friday, December 6, 2019

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.
  • Visit us at bakerhughes.com
    Note to editor: As of June 07, 2019, Ukraine was added to the Baker Hughes International Rig Count report and is reflected in the Europe count.

GSP Intersects Mineralization in Two Drill Holes at Olivine Mountain Project and Expands Drill Program to Six Holes From Five

Retrieved on: 
Monday, November 18, 2019

Drill core from the two drill holes at Asp 14 has been logged and split, and samples are currently being shipped to the laboratory for assay.

Key Points: 
  • Drill core from the two drill holes at Asp 14 has been logged and split, and samples are currently being shipped to the laboratory for assay.
  • The drill rig has now been moved approximately 1.5 kilometers Southeast where it is currently testing four separate targets with four ~200-meter vertical holes.
  • The current initial drill program is now expected to total six drill holes, up from five previously.
  • Assay results of the mineralization in this area will be key in determining follow-on work in subsequent phases of exploration.

Baker Hughes Announces October 2019 Rig Counts

Retrieved on: 
Thursday, November 7, 2019

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.
  • Visit us at bakerhughes.com
    Note to editor: As of June 07, 2019, Ukraine was added to the Baker Hughes International Rig Count report and is reflected in the Europe count.

Vantage Drilling International Reports Third Quarter Results for 2019

Retrieved on: 
Thursday, November 7, 2019

As of September 30, 2019, Vantage had approximately $825.1 million in cash, including $10.4 million of restricted cash, compared to $239.4 million in cash, including $14.4 million of restricted cash at December 31, 2018.

Key Points: 
  • As of September 30, 2019, Vantage had approximately $825.1 million in cash, including $10.4 million of restricted cash, compared to $239.4 million in cash, including $14.4 million of restricted cash at December 31, 2018.
  • Vantage, a Cayman Islands exempted company, is an offshore drilling contractor, with a fleet of three ultra-deepwater drillships and five premium jackup drilling rigs.
  • Vantage also provides construction supervision services and preservation management services for, and will operate and manage, drilling units owned by others.
  • As a result of these factors, actual results may differ materially from those indicated or implied by such forward-looking statements.

Analysis on the World Market for Drill Pipes 2014-2024 - Hilong Group, TMK Group, Tenaris, and National Oilwell Varco Dominate the Competition

Retrieved on: 
Friday, November 1, 2019

A drill pipe is a hollow, thin-walled, steel or aluminium alloy piping that is used on drilling rigs.

Key Points: 
  • A drill pipe is a hollow, thin-walled, steel or aluminium alloy piping that is used on drilling rigs.
  • However, the tanking prices of crude oil is a major barrier for the growth of drill pipes market, globally.
  • Drill pipe market is largely controlled by 4 major market players including Hilong Group, TMK Group, Tenaris S.A. and National Oilwell Varco., which control nearly three-fourths of the overall market.
  • To forecast the global drill pipe market based on grade, application and regional distribution
    To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global drill pipe market

Global Drill Pipe Market by Grade, Application & Region - 2014-2024 Analysis & Forecast Report - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 31, 2019

A drill pipe is a hollow, thin-walled, steel or aluminium alloy piping that is used on drilling rigs.

Key Points: 
  • A drill pipe is a hollow, thin-walled, steel or aluminium alloy piping that is used on drilling rigs.
  • In terms of region, the global drill pipe market is categorized into North America, South America, Europe, Asia-Pacific and Middle East & Africa.
  • Some of the other players operating in the global drill pipe market are Drill Pipe International LLC, Oil Country Tubular Limited, Tejas Tubular Products Inc., Texas Steel Conversion Inc., DP Master, among others.
  • To forecast the global drill pipe market based on grade, application and regional distribution
    To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global drill pipe market