Post Tagged with: "rig"

Transocean RIG Trading Report – NYSE:RIG

Transocean $RIG Trading Report

January 26, 2020 - 5:15 am Press Releases
Equinor Site Remains Shut In Following Drilling Rig Fire in Karnes County

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

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 …

Source: Borr Drilling

Borr Drilling Awarded Contract by Pemex

By Tyler Losier, Energy Reporter, Oil & Gas 360

Borr Drilling is awarded its fourth Mexican contract in less than nine months
Borr Drilling (stock ticker: BORR), an international drilling contractor headquartered in Bermuda, has been awarded a contract by

Texas Shale Pioneers Struggle to Appease Investors

Texas Shale Pioneers Struggle to Appease Investors

From Reuters


Seven years ago, Diamondback Energy Inc went public with a modest parcel of drillable land in the Permian Basin of West Texas.

Like dozens of other Permian startups, the firm then pursued a classic wildcatter’s strategy – borrowing …

Transocean Revolving Credit Facility Jumps to $1.36 Billion

Transocean Revolving Credit Facility Jumps to $1.36 Billion

Transocean Ltd. Announces Revolving Credit Facility Increase to $1.36 Billion

May 15, 2019 - 5:31 am Closing Bell Story‎, Finance, Press Releases
Drilling Rigs Continue to Drop Across North America

Drilling Rigs Continue to Drop Across North America

Rig counts fall in top four states
By Richard Rostad, analyst, Oil & Gas 360

Drilling activity fell in the U.S. and Canada this week, as producers continue to adapt to lower oil prices, according to Baker Hughes, which tracks

Courtesy of Chesapeake

Chesapeake “Reinvents the Utica”

Chesapeake Energy Corporation (ticker: CHK) reported net income available to common stockholders of $268 million, or $0.29 per share for Q1 of 2018. Chesapeake’s average daily production for the first quarter of 2018 was approximately 554,000 BOE, compared to approximately …

Precision Drilling Increased Rig Automation, Exits 2017 with 63 Active Rigs

Precision Drilling Increased Rig Automation, Exits 2017 with 63 Active Rigs

Targets 2018 upgrades to stay below $34 million

Precision Drilling Corporation (ticker: PDS) had fourth quarter 2017 revenues of CDN$347 million, an increase of 15% over Q4 2016. Precision posted a Q4 2017 net loss of CDN$47 million, or (CDN$0.16) …

Independence Contract Drilling: ShaleDriller® Walking Rigs Designed for Pad Drilling Market

Independence Contract Drilling: ShaleDriller® Walking Rigs Designed for Pad Drilling Market

Independence Contract Drilling (ticker: ICD) has made shale play drilling its primary business target with the introduction of its ShaleDriller® series rigs.

Demand for Independence’s rigs is largely focused in the Permian basin, with the Eagle Ford and Haynesville also …

Total U.S. Rig Count Down by Four Last Week

Total U.S. Rig Count Down by Four Last Week

Oil Rig Count Rises by One, Oil Breaks $40 Barrier

The U.S. rig count continued falling for a thirteenth-straight week in the week ended March 18, 2016, according to information from Baker Hughes. The total count fell by four to …

U.S. Rig Count Dips Below 500

U.S. Rig Count Dips Below 500

Current U.S. rig count falls to second-lowest point since the Ford Pinto

The U.S. rig count fell for the eleventh straight week in the week ended March 4, 2016, according to data from Baker Hughes. The latest decline in the …

U.S. Oil Rig Count Touches 400, Overall Count at 502

U.S. Oil Rig Count Touches 400, Overall Count at 502

Total U.S. rig count slows decline; but Canada drops by 31 rigs

The oil and gas rig count continued to fall this week, but at a slower pace than was seen throughout the rest of February. The U.S. rig count …

U.S. Rig Count Approaches 500

U.S. Rig Count Approaches 500

Oil rig count continues to see the steepest declines

The U.S. rig count continued to fall this week as WTI crude oil prices remained near $30 per barrel. The total number of rigs operating in the U.S. fell to 514 …

U.S. Rig Count Takes Another Plunge, Canada Doubles

U.S. Rig Count Takes Another Plunge, Canada Doubles

U.S. rig count loses 34, Canada adds 83

After holding relatively steady last week, the U.S. rig count dropped by 34 this week, according to information from Baker Hughes Industries (ticker: BHI). The drop represents a 5% decline in the …

Oil Rig Counts Climb for first time in 29 Weeks

Oil Rig Counts Climb for first time in 29 Weeks

Baker Hughes (ticker: BHI) released its weekly rig count tally on Thursday, July 2 – one day earlier than normal in consideration of the July 4th Independence Day holiday. The United States added three rigs to its fleet in …

July 2, 2015 - 6:14 pm Commodity Pricing, Oil and Gas 360 Articles

CAMAC Energy Catalyst Report: Secures Rig Contract for Its Oyo Field Offshore Nigeria

CAMAC Energy Inc. (ticker: CAK) is a U.S.-based oil and gas company engaged in the exploration of offshore oil and gas leases in deep water Nigeria. The Company was founded in 2005 and has offices in Houston, Texas, Nairobi, Kenya, …

CAMAC Energy Dealing With Challenging Industry Rig Climate in Africa

CAMAC Energy Inc. (ticker: CAK) is a U.S. based oil and gas company engaged in the exploration of offshore oil and gas leases in deep water Nigeria. The Company was founded in 2005 and has offices in Houston, Texas, Nairobi, …

August 7, 2013 - 2:14 pm Oil and Gas 360 Articles