Post Tagged with: "Drilling activity"

Horizon Energy Global set to benefit as UK North Sea drilling activity increases amid European natural gas crisis

Horizon Energy Global set to benefit as UK North Sea drilling activity increases amid European natural gas crisis

Oil and Gas 360


By: Larry Busnardo, EnerCom

The natural gas crisis unfolding in Europe appears to be intensifying as Russia has dialed back natural gas supplies to the region. European countries have been scrambling to determine how to meet …

Source: Reuters

Schlumberger reports higher profit as drilling activity increases, hikes dividend

Reuters


Top oilfield services firm Schlumberger (NYSE:SLB) reported a higher first-quarter profit on Friday and increased its dividend by 40%, as rising oil prices boosted demand for services and equipment.

Oil prices climbed to their highest in more …

Patterson-UTI reports drilling activity for July 2021

Patterson-UTI reports drilling activity for July 2021

Patterson-UTI Reports Drilling Activity for July 2021 PR Newswire HOU…

August 4, 2021 - 9:10 am Crude Oil News, Earnings, Energy News, Press Releases
GeoPark reports on the ongoing situation in Colombia

GeoPark reports on the ongoing situation in Colombia

GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), …

Source: patenergy.com

Patterson-UTI reports drilling activity for April 2021

Patterson-UTI Reports Drilling Activity for April 2021 PR Newswire HO…

Source: patenergy.com

Patterson-UTI reports drilling activity for December 2020

Oil and Gas 360


HOUSTON Jan. 6, 2021 /PRNewswire/ — PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2020 , the Company had an average of 64 drilling rigs operating.  For the three months …

January 6, 2021 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: patenergy.com

Patterson-UTI sees drilling activity picking up through early next year

Reuters


U.S. oilfield services firm Patterson-UTI Energy PTEN.O expects activity to continue to improve through at least the first quarter of 2021, Chief Executive Andy Hendricks told investors on Thursday during an earnings call.

The company, which offers contract drilling …

October 22, 2020 - 11:30 am Crude Oil News, Energy News, Oilfield Services, Uncategorized
Source: Houston Chronicle

Permian drilling must pick up just to maintain current production: Report

Houston Chronicle


Drilling activity in the booming Permian Basin must accelerate just in order to maintain current production volumes, according to a new report from the research firm IHS Markit.

The Permian’s oil output has risen rapidly in recent years …

December 12, 2019 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News
Oil Prices Up Despite Increased Drilling Activity in the U.S.

Oil Prices Up Despite Increased Drilling Activity in the U.S.

Drilling activity up: the U.S. adds ten more rigs this week – more rigs drilling in the Barnett today than a year ago

The rig count in the U.S. continued to climb for a third-straight week this week, according to …