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Tag: drilling
Taipan signs rig contractor and drilling operator for onshore Kenya well
2014-12-15 01:00:00| Hydrocarbons Technology
Taipan Resources has signed on a rig contractor and drilling operator for its Badada-1 well, onshore Kenya.
Tags: well
signs
operator
kenya
Oil prices plunge, signaling drilling slowdown
2014-12-14 18:47:48| Oil & Gas - Topix.net
U.S. benchmark oil dropped $2.14 Friday, or 3.6 percent, to $57.81 a barrel. Brent, the international benchmark, lost $1.83, or 2.9 percent, to $61.85 a barrel.
Tags: prices
oil
drilling
signaling
Vantage Drilling: Is There An End To This Unstoppable Slide?
2014-12-09 08:37:13| Automakers - Topix.net
Vantage Drilling has been battered by an unrelentless selling since the collapse of the oil price. Nonetheless, This small offshore driller owns a very modern and efficient rig fleet.
Precision Drilling lowers capital spending plan, sells part of U.S. operation
2014-12-08 15:18:55| Energy - Topix.net
Precision Drilling Corp. says its 2014 capital spending plan has been reduced by another $23 million to $885 million while its capital spending plan for 2015 will be substantially lower than this year at $493 million - as it gears down plans for building new rigs until commodity prices improve. It's the second reduction in the Calgary-based company's 2014 capital spending plan in a matter of weeks, but still well above the $515 million capital plan outlined in February.
Tags: part
plan
capital
operation
Precision Drilling lowers capital spending plan, sells part of U.S. operation
2014-12-08 14:34:43| Oil & Gas - Topix.net
Precision Drilling Corp. says its 2014 capital spending plan has been reduced by another $23 million to $885 million while its capital spending plan for 2015 will be substantially lower than this year at $493 million - as it gears down plans for building new rigs until commodity prices improve. It's the second reduction in the Calgary-based company's 2014 capital spending plan in a matter of weeks, but still well above the $515 million capital plan outlined in February.
Tags: part
plan
capital
operation
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