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• Safety and efficiency needed in 24-hour rig moves

  When it comes to current rig moves, accounting for 37% of incidents in 2018, there is room for more safety and efficiency gains. Whether it is how the rig itself is designed, with added input from the trucking industry to improve the hauling of the equipment, or a system for maintaining both day and night ... The post Safety and efficiency needed in 24-hour rig moves appeared first on Drilling Contractor.
  05/20/2019 Read article

• Slightly lower super-spec rig dayrates and rig count stability for 2019

  With the late 2018 oil price drop, contractors and service companies have felt the impact as oil companies slowed their activity for 2019, particularly on the completions side. The outlook for 2019 includes slightly lower super-spec rig dayrates and some independent companies dropping a few rigs by year end. Byron Pope, Managing Director with Tudor ... The post Slightly lower super-spec rig dayrates and rig count stability for 2019 appeared first on Drilling Contractor.
  05/20/2019 Read article

• Chesapeake empowers employees for drilling optimization with new Fast Tool Box

  The right metrics can empower and provide accountability to teams striving to reach certain performance goals. Chesapeake Energy's Fast Tool Box gives employees access to an integrated set of real-time drilling and business metrics, setting the company culture around this new, high-performance tool... The post Chesapeake empowers employees for drilling optimization with new Fast Tool Box appeared first on Drilling Contractor.
  05/20/2019 Read article

• Montney total production to increase by 16% in 2019

  According to new research from Wood Mackenzie, total production in Canada's Montney play will likely reach 10 billion cu ft equivalent per day (bcfe/d) in 2019, an increase of 16% from 2018... The post Montney total production to increase by 16% in 2019 appeared first on Drilling Contractor.
  05/20/2019 Read article

• Wellbore Integrity Solutions & Rhône Capital to acquire fishing and tubulars businesses and assets from Schlumberger

  Wellbore Integrity Solutions (WIS), an affiliate of private equity firm Rhône Capital, and Schlumberger jointly announced that they have entered into an agreement for WIS to acquire the businesses and associated assets of DRILCO, Thomas Tools, and Fishing & Remedial services... The post Wellbore Integrity Solutions & Rhône Capital to acquire fishing and tubulars businesses and assets from Schlumberger appeared first on Drilling Contractor.
  05/20/2019 Read article

• Oceaneering secures new rig support contract from Wintershall

  Oceaneering has secured a drilling and completion support contract for integrated services with Wintershall Norge... The post Oceaneering secures new rig support contract from Wintershall appeared first on Drilling Contractor.
  05/20/2019 Read article