Drilling rig

Auger Drilling Market to Reach US$ 2.9 Bn by 2026; Expanding at a CAGR of 6% From 2018 to 2026 - TMR

Retrieved on: 
Thursday, June 21, 2018
Technology, Industrial processes, Science and technology, Drilling, Machining, Woodworking, Auger, Boring, Drill, Oil well, Drilling rig, Directional boring

Asia Pacific held the highest market share in the auger drilling market in 2017.

Key Points: 
  • Asia Pacific held the highest market share in the auger drilling market in 2017.
  • Auger drilling is a hole drilling method through a gouging or cutting motion with the chiseled tip of the drill bit.
  • Increasing demand for drilling and boring from construction, mining, agriculture, and industrial sectors is expected to drive the global auger drilling market during the forecast period.
  • Auger drilling is utilized in the construction of sewer lines and oil & gas pipelines in the construction sector.

Pershing Gold Announces Positive Feasibility Study for Relief Canyon

Retrieved on: 
Wednesday, May 30, 2018
Pershing, Drilling rig, Natural gas, Petroleum

Pershing Gold is an emerging gold producer whose primary asset is theRelief Canyon Mine in Pershing County, Nevada.

Key Points: 
  • Pershing Gold is an emerging gold producer whose primary asset is theRelief Canyon Mine in Pershing County, Nevada.
  • Pershing Gold is currently permitted to resume mining at Relief Canyon under the existing Plan of Operations.
  • This land package provides Pershing Gold with the opportunity to expand the Relief Canyon Mine deposit and to explore and make new discoveries on nearby lands.
  • Drill core at Relief Canyon is boxed and sealed at the drill rig and moved to the Relief Canyon logging and sample preparation facilities by trained personnel.

NRG Reports Consistent High-Grade Brine Intercepts over the First 100 Meters of Drilling at the Hombre Muerto North Lithium Project

Retrieved on: 
Thursday, May 24, 2018
Geology, Glaciology, Geophysics, Drilling, Machining, Woodworking, Oil well, Core sample, Science and technology, Planetary science, Drilling rig

The hole is now at 300.5 meters in clastic sediments, and brine samples are currently being collected from 300 to 100 meters.

Key Points: 
  • The hole is now at 300.5 meters in clastic sediments, and brine samples are currently being collected from 300 to 100 meters.
  • Drilling has advanced to a depth of 300.5 meters, and brine is present from the surface to the bottom of the hole.
  • Drilling on the hole is currently being paused to collect brine samples from 300 to 100 meters.
  • Meanwhile, the rotary hole located 16 meters east of the core hole has advanced to a depth of 174 meters.

NRG Reports Consistent High-Grade Brine Intercepts over the First 100 Meters of Drilling at the Hombre Muerto North Lithium Project

Retrieved on: 
Thursday, May 24, 2018
Geology, Glaciology, Geophysics, Drilling, Machining, Woodworking, Oil well, Core sample, Science and technology, Planetary science, Drilling rig

The hole is now at 300.5 meters in clastic sediments, and brine samples are currently being collected from 300 to 100 meters.

Key Points: 
  • The hole is now at 300.5 meters in clastic sediments, and brine samples are currently being collected from 300 to 100 meters.
  • Drilling has advanced to a depth of 300.5 meters, and brine is present from the surface to the bottom of the hole.
  • Drilling on the hole is currently being paused to collect brine samples from 300 to 100 meters.
  • Meanwhile, the rotary hole located 16 meters east of the core hole has advanced to a depth of 174 meters.

Global Well Intervention Market Estimated to Reach Above US$ 10 Bn by 2026; Discovery of New Wells to Play an Important Role in Market Growth: Transparency Market Research

Retrieved on: 
Wednesday, May 23, 2018
Petroleum production, Oil wells, Petroleum industry, Science and technology, Petroleum geology, Technology, Subsea, Well intervention, Offshore drilling, Drilling rig

This, in turn, is anticipated to offer substantial expansion opportunities to the well intervention market in the near future.

Key Points: 
  • This, in turn, is anticipated to offer substantial expansion opportunities to the well intervention market in the near future.
  • Request a Sample of Well Intervention Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_...
    Excess depletion of onshore oil and gas assets has shifted the investments from onshore to offshore oil and gas assets.
  • Request for Multiple Chapters on Well Intervention Market Research Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep...
    In terms of type, the light well segment dominated the global well intervention market with more than 50% share in 2017.
  • Light well intervention is a cost-effective alternative for well intervention and repair of subsea wells compared to drilling rigs.

Global Well Intervention Market Estimated to Reach Above US$ 10 Bn by 2026; Discovery of New Wells to Play an Important Role in Market Growth: Transparency Market Research

Retrieved on: 
Wednesday, May 23, 2018
Petroleum production, Oil wells, Petroleum industry, Science and technology, Petroleum geology, Technology, Subsea, Well intervention, Offshore drilling, Drilling rig

This, in turn, is anticipated to offer substantial expansion opportunities to the well intervention market in the near future.

Key Points: 
  • This, in turn, is anticipated to offer substantial expansion opportunities to the well intervention market in the near future.
  • Request a Sample of Well Intervention Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_...
    Excess depletion of onshore oil and gas assets has shifted the investments from onshore to offshore oil and gas assets.
  • Request for Multiple Chapters on Well Intervention Market Research Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep...
    In terms of type, the light well segment dominated the global well intervention market with more than 50% share in 2017.
  • Light well intervention is a cost-effective alternative for well intervention and repair of subsea wells compared to drilling rigs.

Drill Collars Market to Witness Enhanced Demand for Oil & Gas, and Rapid Industrialization: Radiant Insights, Inc.

Retrieved on: 
Monday, May 21, 2018
Technology, Science and technology, Culture, Drill, Tools, Oil well, Shaft collar, Well drilling, Petroleum geology, Petroleum production, Drilling rig

The factors that propel the growth of the Drill Collars Market include increasing demand, technological innovations, and significant rise in demand for oil & gas, and rapid industrialization.

Key Points: 
  • The factors that propel the growth of the Drill Collars Market include increasing demand, technological innovations, and significant rise in demand for oil & gas, and rapid industrialization.
  • Drill Collars Market is classified on the basis of product type as standard drill collar, spiral drill collar, square drill collar and others.
  • Drill Collars Market is classified on the basis of application as offshore drilling activities, onshore drilling activities and others.
  • In case of geographical region, North America is projected to account a major share of the Drill Collars Market.

Basic Energy Services Reports First Quarter 2018 Results

Retrieved on: 
Thursday, May 3, 2018
Drilling rig, Han dynasty, Petroleum engineering, Petroleum geology, Oil well, Science and technology, Economy, Petroleum industry

Completion and remedial services revenue decreased 3.6% to $117.6 million in the first quarter of 2018 from $122.0 million in the prior quarter.

Key Points: 
  • Completion and remedial services revenue decreased 3.6% to $117.6 million in the first quarter of 2018 from $122.0 million in the prior quarter.
  • Basic marketed 11 drilling rigs during the first quarter of 2018 and the fourth quarter of 2017 compared to 12 rigs in the first quarter of 2017.
  • Basic will host a conference call to discuss its first quarter 2018 results on Friday, May 4, 2018, at 9:00 a.m. Eastern Time (8:00 a.m. Central).
  • Basic Energy Services provides well site services essential to maintaining production from the oil and gas wells within its operating area.

A.I.S. Resources Adds Second Drilling Rig at Chiron

Retrieved on: 
Friday, April 27, 2018
Petroleum engineering, Drilling rig, Han dynasty, Petroleum geology, Drilling, Drill, Industrial processes, Technology, Culture

Resources Limited (TSX-V:AIS) (OTCQB: AISSF) (the "Company" or "AIS") is pleased to announce it has engaged a second drilling contractor, AGV Falcon S.R.L.

Key Points: 
  • Resources Limited (TSX-V:AIS) (OTCQB: AISSF) (the "Company" or "AIS") is pleased to announce it has engaged a second drilling contractor, AGV Falcon S.R.L.
  • of Salta, Argentina to complete up to four diamond drill holes for a total of 1,300 meters across four tenements at its Chiron project in the Pocitos Salar.
  • AGV Falcon has mobilized a drill rig onto the site and is expected to begin drilling on Saturday 29 April 2018.
  • AIS is looking to expedite exploration at Chiron to gather all the necessary data prior to purchasing the project.

A.I.S. Resources Prepares for Drilling

Retrieved on: 
Friday, April 20, 2018
Petroleum geology, Petroleum engineering, Technology, Woodworking, Science and technology, Drilling rig, Han dynasty, Drilling, Drill, Culture, Oil well

Hidrotec has mobilized a drill rig onto the site, as well as some of the necessary equipment to begin the construction of the drill pads and drilling to start on April 24, 2018.

Key Points: 
  • Hidrotec has mobilized a drill rig onto the site, as well as some of the necessary equipment to begin the construction of the drill pads and drilling to start on April 24, 2018.
  • Chiron appears to be the preferred area in the salar for brine saturated sequences, based on geophysics data interpretation.
  • This upcoming drill campaign will enable the Company to outline an initial maiden resource at Chiron after a pump test has been completed.
  • Adjacent concession holders are also preparing to drill and this will provide the basis for a sound geological model.