Directional drilling

NESR Secures Its First Multi-Year Directional Drilling Services Contract in Saudi Arabia

Retrieved on: 
Thursday, September 15, 2022
Energy, Utilities, Oil, Gas, Well, Securities Exchange Act of 1934, Income, Engineering, Islamic finance products, services and contracts, Risk, Direction, Federal Lands Jobs and Energy Security Act, Company, Growth, Partnership, National Association of Credential Evaluation Services, Securities Act of 1933, Completion (oil and gas wells), Velocity, U.S. Securities and Exchange Commission, Public expenditure, Government, Educational Testing Service, Investment, Forward-looking statement, National, Technology, PHX, Annual report, MEA, NASDAQ, King Salman Energy Park, MWD, Research, Security (finance), SEC, Natural gas, Communication, Hydraulic fracturing, Kingdom, Slickline, OFS, Petroleum, Risk management, Directional drilling, Filtration

National Energy Services Reunited Corp. ("NESR" or "the Company") (NASDAQ:NESR)(NASDAQ:NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, has announced that the company has been awarded a long term contract for Directional Drilling services in the Kingdom of Saudi Arabia, covering Directional Drilling ("DD"), Measurement while Drilling ("MWD"), Performance Drilling, Well Engineering and Logging While Drilling ("LWD") services for up to four years starting with immediate effect.

Key Points: 
  • National Energy Services Reunited Corp. ("NESR" or "the Company") (NASDAQ:NESR)(NASDAQ:NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, has announced that the company has been awarded a long term contract for Directional Drilling services in the Kingdom of Saudi Arabia, covering Directional Drilling ("DD"), Measurement while Drilling ("MWD"), Performance Drilling, Well Engineering and Logging While Drilling ("LWD") services for up to four years starting with immediate effect.
  • This award also provides NESR the platform for the introduction of next generation technologies in the drilling and measurement spheres which the Company anticipates introducing over the course of this contract.
  • Founded in 2017, NESR is one of the largest national oilfield services providers in the MENA and Asia Pacific regions.
  • The Company also helps its customers to access their reservoirs in a smarter and faster manner by providing Drilling and Evaluation Services such as Drilling Downhole Tools, Directional Drilling, Fishing Tools, Testing Services, Wireline, Slickline, Drilling Fluids and Rig Services.

Precision Drilling Corporation 2021 Second Quarter Results Conference Call and Webcast

Retrieved on: 
Thursday, July 8, 2021
Copiapó mining accident, Precision Drilling, Directional drilling, Precision, Companies

CALGARY, Alberta, July 08, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2021 second quarter results before the market opens on Thursday, July 22, 2021, and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m.

Key Points: 
  • CALGARY, Alberta, July 08, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2021 second quarter results before the market opens on Thursday, July 22, 2021, and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m.
  • An archived recording of the conference call will be available approximately one hour after the completion of the call until July 26, 2021, by dialing 855-859-2056 or 404-537-3406, passcode 4636469.
  • Precision has commercialized an industry-leading digital technology portfolio known as Alpha that utilizes advanced automation software and analytics to generate efficient, predictable, and repeatable results for energy customers.
  • Additionally, Precision offers well service rigs, camps and rental equipment and directional drilling services all backed by a comprehensive mix of technical support services and skilled, experienced personnel.

Gran Colombia Announces Multiple High-Grade Drill Results From the 2021 In-Mine and Brownfield Drilling Campaigns at Its Segovia Operations; Success Continues at the Brownfield Vera Project Including 31.78 g/t Au and 8,150.0 g/t Ag Over 0.30 Meters

Retrieved on: 
Wednesday, June 9, 2021
Industrial processes, Science and technology, Drilling rig, Petroleum engineering, Petroleum geology, Articles, Woodworking, Drill, Directional drilling

The Company also announced the assay results from four additional kick-off diamond drill holes (2,319 meters) from the ongoing directional drilling program at the El Silencio Deep Zone.

Key Points: 
  • The Company also announced the assay results from four additional kick-off diamond drill holes (2,319 meters) from the ongoing directional drilling program at the El Silencio Deep Zone.
  • It commenced in late 2020 at the Vera Project with one diamond drill rig operating from purpose-built surface drill stations.
  • Drill hole SK-ES-001 returned 8.88 g/t Au with 4.4 g/t Ag over 0.58 meters on the Sandra K Techo Vein.
  • The table below lists the key intercepts from the ongoing 2021 in-mine, near mine and brownfield drilling campaigns since the press release issued on December 21, 2021:

Newsco Now Stronger Than Ever

Retrieved on: 
Tuesday, March 16, 2021
Other Natural Resources, Other Energy, Mining, Minerals, Oil, Gas, Energy, Natural Resources, Science and technology, Measurement while drilling, Telemetry, Directional drilling, Oil well, Technology

View the full release here: https://www.businesswire.com/news/home/20210316005831/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210316005831/en/
    The past year has been difficult for many in the energy services sector, but Newsco has been fortunate to have customers stick by us while we worked our way through a difficult period, says Corey Campbell, Director of Operations, Newsco.
  • On behalf of everyone at Newsco and Telemetrix, I convey our heartfelt thanks and am pleased to report that the worst is behind us.
  • Through its commitment to in-house research and development since its founding in 1994, Newsco offers patented technologies that are unique to the Company.
  • Established in 1994, Newsco is global directional drilling and MWD service provider to the onshore oil & gas industry with exposure in North America, Peru, India, and the Middle East.

Precision Drilling Corporation 2020 Fourth Quarter and End of Year Results Conference Call and Webcast

Retrieved on: 
Tuesday, January 19, 2021
Copiapó mining accident, Precision Drilling, Directional drilling, Precision

CALGARY, Alberta, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2020 fourth quarter results before the market opens on Wednesday, February 10, 2021 and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m.

Key Points: 
  • CALGARY, Alberta, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2020 fourth quarter results before the market opens on Wednesday, February 10, 2021 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 has commercialized an industry-leading digital technology portfolio known as Alpha that utilizes advanced automation software and analytics to generate efficient, predictable, and repeatable results for energy customers.
  • Additionally, Precision offers well service rigs, camps and rental equipment and directional drilling services all backed by a comprehensive mix of technical support services and skilled, experienced personnel.

Advances in Direction Drilling Technology Helps Manufacturers in Downhole Tools Market Meet Emerging Needs of Oil Sector: TMR

Retrieved on: 
Monday, January 11, 2021
Science and technology, Directional drilling, Technology, Well drilling, Inventions, Petroleum production, Oil wells

Advances made in materials used in making these tools and the design elements have expanded the avenue in the downhole tools market.

Key Points: 
  • Advances made in materials used in making these tools and the design elements have expanded the avenue in the downhole tools market.
  • Request for Covid-19 Impact Analysis on Downhole Tools Market: https://www.transparencymarketresearch.com/Covid19.php
    The growing number of oil drilling activities in unconventional petroleum production has spurred the prospects in the downhole tools market.
  • Thus, advancements in directional drilling tools has propelled the prospects in the downhole tools market.
  • On the other hand, Asia Pacific is emerging with huge untapped revenue potential in the downhole tools market.

Advances in Direction Drilling Technology Helps Manufacturers in Downhole Tools Market Meet Emerging Needs of Oil Sector: TMR

Retrieved on: 
Monday, January 11, 2021
Science and technology, Directional drilling, Technology, Well drilling, Inventions, Petroleum production, Oil wells

Advances made in materials used in making these tools and the design elements have expanded the avenue in the downhole tools market.

Key Points: 
  • Advances made in materials used in making these tools and the design elements have expanded the avenue in the downhole tools market.
  • Request for Covid-19 Impact Analysis on Downhole Tools Market: https://www.transparencymarketresearch.com/Covid19.php
    The growing number of oil drilling activities in unconventional petroleum production has spurred the prospects in the downhole tools market.
  • Thus, advancements in directional drilling tools has propelled the prospects in the downhole tools market.
  • On the other hand, Asia Pacific is emerging with huge untapped revenue potential in the downhole tools market.

Global Oil and Gas Magnetic Ranging Market (2020 to 2025) - Growth, Trends, and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 24, 2020
Oil, Gas, Energy, Petroleum, Physical sciences, Chemistry, Heavy oil production, Asphalt, Oil well, Directional drilling, Peak oil, Unconventional oil

Magnetic ranging refers to the determination of the relative position of one well with respect to other using magnetic measurements.

Key Points: 
  • Magnetic ranging refers to the determination of the relative position of one well with respect to other using magnetic measurements.
  • The depletion of easy oil is making the oil and gas industries shift towards other options like heavy oil and bitumen.
  • The production of heavy hydrocarbons requires assisted drainage, which is driving the need for magnetic ranging.
  • Although global heavy oil production witnessed a drop in 2019 to 11.6 million barrels per day, with upcoming deepwater projects, horizontal drilling and increasing CBM projects, the magnetic ranging market is expected to grow significantly.

Deep Isolation's $20 Million Series A Raise Led by NAC International

Retrieved on: 
Wednesday, November 18, 2020
Science and technology, Nuclear physics, Environmental impact of nuclear power, Hazardous waste, Radioactivity, Nuclear technology, Oil well, Directional drilling, Cision, Radioactive waste

BERKELEY, Calif., Nov. 18, 2020 /PRNewswire-PRWeb/ --Deep Isolation announced today it closed its $20 million Series A raise, led by nuclear industry leader NAC International Inc. (NAC).

Key Points: 
  • BERKELEY, Calif., Nov. 18, 2020 /PRNewswire-PRWeb/ --Deep Isolation announced today it closed its $20 million Series A raise, led by nuclear industry leader NAC International Inc. (NAC).
  • "Deep Isolation is leveraging proven horizontal drilling and conveyance technology from the oil and gas industry to develop a patent-protected method for effectively disposing of used nuclear fuel and high-level waste.
  • Deep Isolation applies directional drilling technology to safely and securely dispose of nuclear waste deep underground.
  • According to the terms of the deal announced today, NAC will take a seat on Deep Isolation's Board of Directors.

Corva Opens the Doors to Its Development Platform and Unleashes a Salvo of New Products Aimed at Drilling Faster, Safer, More Profitable Wells

Retrieved on: 
Wednesday, October 7, 2020
Science and technology, Directional drilling, Drilling, Oil well, Articles, Technology, Petroleum geology, Petroleum engineering, Drilling fluid, Drilling rig

The product release also delivers a wide range of drilling apps for rapidly creating well designs, analyzing formations, improving directional drilling accuracy, and preventing catastrophic well events.

Key Points: 
  • The product release also delivers a wide range of drilling apps for rapidly creating well designs, analyzing formations, improving directional drilling accuracy, and preventing catastrophic well events.
  • Corva's latest round of product additions builds on the company's strategy to expand and enhance its category-leading drilling and completions platform through continuous product releases.
  • Directional Drilling Introduces Corva's Directional Guidance for analyzing bit divergence and automatically generating optimal drilling steps back to plan that balance cost and drilling performance.
  • Corva's software products support oil & gas drilling operations across North America with hundreds of users, including drilling engineers, superintendents, rig crews, and management.