Nabors – Oil & Gas 360

Nabors, e2Companies to collaborate on oilfield integrated power solutions

December 10, 2024

(World Oil) – e2Companies has announced a strategic collaboration with Nabors that will expand business opportunities for integrated power solutions in the oilfield and broader energy markets. By combining Nabors’ global expertise and relationships in oil and gas with e2Companies’ Virtual Utility®, the companies aim to develop and market tailored solutions for the unique demands of the oilfield and assess

Nabors Industries announces agreement to acquire Parker Wellbore

October 15, 2024

(Oil & Gas 360) – HAMILTON, Bermuda, Oct. 15, 2024 /PRNewswire/ — Nabors Industries Ltd. (“Nabors”) (NYSE: NBR) and Parker Wellbore (“Parker”) today announced a definitive agreement under which Nabors will acquire all of Parker’s issued and outstanding common shares in exchange for 4.8 million shares of Nabors common stock, subject to a share price collar. Parker provides drilling services across global energy

ExxonMobil, Helmerich & Payne take top U.S. drilling, customer spots in latest Enverus report

August 30, 2024

World Oil (WO) — Enverus has released a list of top drillers and customer rankings in the U.S., as well as detailed drilling rig analytics. Top U.S. land drilling customers of Q1 2024 by footage. Keeping its spot at #1 is ExxonMobil with a total drilled measured depth (MD) of 4,230,025, a well count of 220, and an average drill rate

Nabors, Vista Energy to add third drilling rig in Argentina’s Vaca Muerta shale with electrification potential

May 8, 2024

World Oil (WO) – Vista Energy and Nabors Industries signed a contract to add a third drilling rig to accelerate Vistas assets in Argentina’s Vaca Muerta shale. Nabors will deploy a high-spec rig with “cutting-edge technologies,” according to a press release. It is scheduled to commence operations in the second half of 2024. In support of Vista’s plan to reduce

SLB, Nabors collaborate on automated drilling solutions for oil and gas operators

January 11, 2024

World Oil (WO) —SLB and Nabors Industries announced a collaboration to scale the adoption of automated drilling solutions for oil and gas operators and drilling contractors. The agreement will enable customers to seamlessly integrate the companies’ drilling automation applications and rig operating systems to deliver improved well construction performance and efficiency. The new integration provides customers with access to a

Halliburton, Nabors to collaborate on automation, well construction, drilling technologies

June 19, 2023

World Oil (WO) – Halliburton Company and Nabors Industries announced an agreement on leading well construction automation solutions. Under the agreement, Halliburton and Nabors will collaborate on their technologies including the Halliburton Well Construction 4.0 digital surface and subsurface drilling technologies, the LOGIX Autonomous Drilling Platform, and the Nabors SmartROS universal rig controls and automation platform and RigCLOUD high-performance digital

Nabors announces filing of SPAC registration statement

June 8, 2021

PR News Wire HAMILTON, Bermuda, June 8, 2021 /PRNewswire/ — Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR), a leading provider of advanced technology for the global energy industry, announced today that Nabors Energy Transition Corp. (“NETC”), a newly formed special purpose acquisition company and an affiliate of Nabors, has filed a Registration Statement on Form S-1 (the “Registration Statement”) with the

The last oil drilling rig leaves Venezuela

August 5, 2020

Forbes Publisher’s Note: Bernadette Johnson from Enverus will be presenting at The Oil & Gas Conference this coming August 17-19, 2020. Register to attend. The last oil rig has officially left the premises. In Venezuela, that is. There, Nabors said it had shut down its final active drilling rig as of Monday. As reported by Sergio Chapa at the Houston Chronicle, this

Drilling Down: Top 10 drilling rig companies in Texas and their customers

December 2, 2019

Houston Chronicle Some 368 horizontal drilling rigs are in operation in Texas, and more than half of them belong to three drilling companies. In figures exclusively provided to the Houston Chronicle, the Austin oilfield data firm Enverus reports that Tulsa-based Helmerich & Payne is the top drilling rig operator in Texas with 117 horizontal rigs deployed across the state. Nabor

Next-day natural gas prices at the Waha hub in the Permian basin in West Texas fell below zero for the first time since early April.- Oil & Gas 360

Equinor Site Remains Shut In Following Drilling Rig Fire in Karnes County

August 26, 2019

From The Houston Chronicle A natural gas well belonging to the Norwegian oil giant Equinor remains shut in following a weekend fire at one of its drilling sites in Karnes County. The fire happened at Equinor’s Neller-Runge 1-Runge 2 lease off FM 885 a few miles south of Runge around 3:45 a.m. Saturday, the Karnes County Sheriff’s Office reported. Crews

Oil CEO Trades $4 Million Award for $1,500

January 9, 2019

From Bloomberg One of the oil industry’s highest-paid executives is taking a pay cut as his company braces for possibly difficult times ahead after its stock plunged last year. Nabors Industries Ltd. Chief Executive Officer Anthony Petrello agreed to forfeit $4 million in restricted stock in exchange for a symbolic award worth $1,500, the Hamilton, Bermuda-based company said in a

Nabors Announces Exercise Of Underwriters Option To Purchase Additional Common Shares

June 8, 2018

Nabors Announces Exercise Of Underwriters' Option To Purchase Additional Common Shares

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