Facts About Patterson UTI Scoops Up Pioneer Energy Services Revealed

About ADES International Holding ADES International Holding extends oil and gas drilling and production services through its subsidiaries and is a leading company in the Middle East and North Africa, providing onshore and offshore contract drilling as well as workover and production services. Its c. 4,000 workers serve clients including significant nationwide oil business ("NOCs") such as Saudi Aramco and Kuwait Oil Business as well as joint ventures of NOCs with international majors consisting of BP and Eni.

To learn more, check out investors. adihgroup.com. This press release consists of forward-looking statements as defined under federal law, including, however not restricted to, those associated to the sale transactions explained in this press release and making use of proceeds therefrom. These positive declarations are usually identified by the words "believe," "anticipate," "anticipate," "price quote," "plan," "plan," "may," "should," "could," "will," "would," and "will be," and similar expressions, although not all forward-looking declarations include these recognizing words.

What Does Walker Neer Drilling Rigs Brochure Do?

Known product factors that could trigger the Business's actual outcomes to vary materially from the results pondered by such forward-looking declarations are described in the forward looking declarations and threat aspects in the Company's Yearly Report on Kind 10-K for the financial year ended December 31, 2018 and those risk factors stated from time-to-time in other filings with the Securities and Exchange Commission.

Contacts: Christoph Bausch +1. 713.836. 4615Executive Vice President and Chief Financial Officer, Weatherford Karen David-Green +1. 713.836. 7430Senior Vice President, Stakeholder Engagement and Chief Marketing Officer, Weatherford SOURCE Weatherford International plc Related Links.

Powerful Fast Moving Land Rigs from China - Sovonex

How Land pride overseeder for sale near singapore can Save You Time, Stress, and Money.

(Reuters) - U.S. oil and natural gas manufacturers are buying onshore drilling rigs and associated equipment to keep their costs in check, rather than lease from oilfield providers who have actually bumped up costs in the middle of strong need for operate in shale fields. With I Found This Interesting -20 percent boost in the cost of land-based drilling, The United States and Canada had the greatest cost escalation in the past 12 months, said Pritesh Patel, a director at IHS Capital Expenses Analysis Forum.

Used Land Rigs For Sale, New Land Rigs For Sale, 2000HP, 1500HP, 3000HP Land rigs

That boost slowed in 2009 in the recession, however expenses have risen again given that. While rig prices and production costs have followed a similar trajectory, the increase in rig costs has actually been far less marked. A rig today costs about as much as it did in 2008, according to Brian Uhlmer of Global Hunter Securities.