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
Oil and Gas 360 CALGARY, Alberta, Sept. 07, 2023 — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. Precision Drilling Corporation (“Precision”)
Precision Drilling Corporation Announces Organizational Changes
Precision Drilling Announces Asset Divestitures, Senior Note Redemption and Provides International Contract Update
Precision Drilling Announces 2019 Capital Expenditure Plan, Debt Repayment Update, 2019 Strategic Priorities and Expected Goodwill Impairment
Precision Drilling Terminates Arrangement Agreement With Trinidad Drilling Requiring Payment of Termination Fee Following Ensign Take-Up
Precision Drilling Corporation (NYSE: PDS) announced the appointment of Shuja Goraya as Chief Technology Officer and the appointment of Darren Ruhr as Chief Administrative Officer. Mr. Shuja Goraya as Chief Technology Officer will lead the strategic drilling technology initiatives designed to significantly enhance drilling process efficiency by leveraging automation, innovating new surface and downhole drilling hardware and software solutions, and
Precision Drilling Corporation announces Kuwait contract award and activity update
From Globe NewsWire Precision Drilling Corporation (“Precision”) (TSX:PD) (NYSE:PDS) announced today that it expects to complete on June 15, 2018 a partial redemption of US$50 million principal amount of its 6.50% senior notes due 2021. In addition, Precision has made open market repurchases totaling US$8 million principal amount of its 2021 and 2024 notes. Both the partial redemption and open
Contract drilling rig and services provider Precision Drilling Corporation (ticker: PDS) reported its active rigs have increased by 16% compared to end of Q3 2017, the company said in an update. Precision currently has 64 rigs active in the U.S., compared with 55 at the time of its third quarter conference call. In Canada, the company reached near peak activity
Calgary’s Precision Drilling Corporation (ticker: PDS) has added Michael R. Culbert to its board of directors. Culbert is vice chairman of Progress Energy Canada Ltd, a wholly owned Canadian subsidiary of PETRONAS that is focused on the development of unconventional natural gas. Prior to becoming vice chairman, Culbert served as president and CEO of Progress Energy and president of Pacific NorthWest
Precision Drilling announces swap with Essential Energy Services Calgary-based Precision Drilling Corp. (ticker: PDS) announced Tuesday that the company will swap its Canadian Coil Tubing operations for Essential Energy Services’ (ticker: ESN) service rig business. In addition to the swap of assets, Precision will make a cash payment of $12 million to Essential, the company said in a press release.
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