Sentences with phrase «drilling companies on»

Facing fracking and drilling companies on your own can seem a Herculean task.
There is no drilling company on earth that could keep up with that maintenance schedule especially not over the eternity we will need to have clean water.

Not exact matches

When the company auctions that oilfield drill, for example, the goal is for its pricing model to forecast demand in the near future based on different factors, such as the price of oil, leaving Ritchie Bros. less vulnerable to market surprises.
• Helmerich & Payne, Inc. (NYSE: HP) acquired Magnetic Variation Services, LLC, a Westminster, Colo. - based company focused on directional drilling and wellbore optimization.
They've become routine, as companies struggle to service the debt they took on to finance their drilling; there were 77 North American energy bankruptcies between the beginning of 2015 and mid-May.
The company operates in Colombia, where drilling activity got so overheated that the country put restrictions on production.
Shares in Perth - based MOD Resources surged 350 per cent today on positive drilling results at the company's copper tenements in Botswana.
Lamb determined that his 17 - year - old enterprise software firm, which provides cost accounting services to drilling companies (and is ranked 385th on the 2013 PROFIT 500), would thrive in Colorado's oil and gas sector, which is similar to Alberta's.
The aggressive exploration program of recently listed Strike Oil is on track with the company set to drill three wells in the Carnarvon basin this month.
Calgary - based drilling company Savanna is high on Irwin Michael's list of must - buys.
Gazprom The Russian company will start preliminary drilling this summer on an oil - and - gas field on the Yamal peninsula, a frigid area promising high yields.
That year, drillers packed into the Permian basin in western Texas, where the cost of producing oil is low but the price tag on land — and the companies who own it — has skyrocketed.
One way to do so would be relaxing restrictions on drilling for oil and gas companies, the CEPR's Baker suggests.
Oil service companies are getting hit because they are focusing their efforts on offshore drilling, an industry struggling due to low oil prices that can not justify conducting more typically lucrative deep - water drilling projects.
The Plank principles are drilled into new employees during a weeklong orientation, and they're painted all over the hallways at company headquarters, a former Procter & Gamble factory on the Baltimore waterfront.
Nowhere near as sophisticated as things are today, geo - targeting allowed marketing companies to hit a general area (usually a town, county or city) and drill down to the right people in that area using data mined from cookies, so, for example, farmers within driving distance of one of the many Springfields across our great land would get ads from the local Agway there telling them when there was a sale on farmer stuff.
She signed her own gas lease to allow fracking on the farm near Ulster, pocketing $ 13,600 starting back in 2006, but no company drilled on her land.
Moncla Companies, a third - generation drilling company, had only 2 of its 11 barge rigs operating on work sites as of this spring.
U.S. energy companies added 12 oil rigs drilling for new production last week, taking the total to 759, General Electric Baker Hughes energy services firm said on Friday.
As time goes on and if there is need for energy and petroleum, countries will be looking to exploit the Outer Continental Shelf and Canada and Russia will have claims and companies in all likelihood will invest in drilling out there.
BP PLC, the world's third - biggest publicly traded energy company — and fourth - biggest public company of any kind — flirted with annihilation this year after a deadly explosion aboard the Deepwater Horizon drilling rig on April 20 and the environmental disaster that spread across the Gulf of Mexico in the four months that followed.
On a conference call to discuss fourth - quarter earnings that beat analyst expectations, the Calgary - based company said Thursday it plans to drill only 59 net Alberta heavy oil wells in the current quarter, down from 116 drilled in the fourth quarter.
UNLISTED company Western Areas NL will launch a big drilling program on potential sulphide nickel targets once it achieves its goal of raising $ 5 million from a float which closed on July 7.
In engineering terms, BP was operating on the cutting edge of where society — and our government — expects oil companies to drill.
Demanding non-competetive lease arrangements for drilling on public land does not prevent Oil companies from railing against government red tape.
Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.
TSX.V: ABRA («AbraPlata» or the «Company») is pleased to announce that it has started a 2000m diamond drilling program on its Diablillos Ag - Au project in southern Salta Province of northwestern Argentina.
So, she was not surprised when an agent of Mammoth Oil Company approached her with an offer to purchase drilling rights on her farm.
PDC Energy is an exploration and production company headquartered in Denver, Colorado focused on value - added organic growth through active horizontal drilling programs and bolt - on acquisitions in its core areas.
The company is just starting to ramp up horizontal drilling in the region, which could fuel 20 % to 35 % annual production growth through 2020 depending on oil prices, boosting its Permian output to a range of 250,000 - 350,000 BOE / d.
The Argentina government has been keen on attracting some of the largest energy companies in the world to scale up shale oil and gas drilling.
The report said a price recovery is expected to cause the most pain among companies drilling in the United States, who rely mostly on hydraulic fracturing, which isn't profitable unless the average global price of oil is around $ 60 per barrel.
Nevsun Resources Ltd. (TSX: NSU)(NYSE MKT: NSU)(«Nevsun» or the «Company») is pleased to announce new assay results from on - going drilling of the Lower Zone at the Timok copper - gold project («Timok Project»).
Although the divestiture process for land - based drilling rigs has gone on longer than the company had hoped, Weatherford said it has started two other sets of divestitures to raise capital.
Several oil drilling and production companies rose on the latest oil stockpiles figures, pushing the S&P 500's energy sector 1.7 percent higher.
NEWS RELEASE February 05, 2018 — Vancouver, BC — Japan Gold Corp. (TSX - V: JG)(OTCQB: JGLDF)(«Japan Gold» or the «Company») is pleased to report results from its first scout drill holes completed in late December 2017 on the Akebono prospect at its Ikutahara Project in Hokkaido, Northern Japan.
Nevsun Resources Ltd. (TSX: NSU)(NYSE MKT: NSU)(«Nevsun» or the «Company») is pleased to announce new assay results from on - going infill drilling of the Upper Zone at the Company's Timok copper - gold project («Timok Project»).
By: Creamer Media Reporter Updated 54 minutes ago Exploration and development company Beowulf Mining said on Friday that its latest drilling programme at the Aitolampi graphite project, in Finland, had confirmed the continuity of mineralisation between the holes drilled in 2017.
That belief drove companies to open their wallets and spend heavily on drilling new wells, acquisitions, and capacity expansions.
Even though Dover prides itself on being a diversified industrial company with businesses ranging from drilling equipment for oil and gas companies to refrigerators for retailers, the company decided Knowles could best create shareholder value as a standalone company.
The dispute is about whether the drilling companies are entitled to deduct certain expenses from the royalty payments, but what really caught my attention was the reference to a Pennsylvania state law mandating that a landowner must receive a royalty of at least 12.5 percent of the value of the gas produced on his property.
PentaNova Energy Corp. [PNO - TSXV], a company backed by Canadian resource financier Frank Giustra and Goldcorp [G - TSX; NYSE - GG] Chairman Ian Telfer, on Tuesday April 3 released an update on gas drilling... Read more»
Drilling has taken place on the southwest portion of the Company's combined 19 claims, representing just over 10 % of the property.
The deal with TET, a private Turkish company, sees Stratex receive US$ 50,000 in cash and commits the new partner to spending US$ 1.5 mln on exploration and drilling within a two - year period.
A company's success will always depend on their ability to turn that time into revenue in exactly the same way that a mining firm's success depends on its ability to turn digging and drilling into piles of gold and precious stones.
PDC Energy is an exploration and production (E&P) company focused on drilling the Wattenberg field in Colorado and the Delaware basin in west Texas.
Mick Carew of Haywood Securities discusses five companies on track to create value through the drill bit.
The Company's drilling program focused entirely on horizontal development, drilling 91 horizontal wells.
Companies including Anadarko Petroleum Corp, ConocoPhillips and Occidental Petroleum Corp have saved millions on drilling and fracking wells in Texas, Colorado and North Dakota since the oil price slide started by demanding that oilfield service companies slash prices by 20 percent to 30 percentCompanies including Anadarko Petroleum Corp, ConocoPhillips and Occidental Petroleum Corp have saved millions on drilling and fracking wells in Texas, Colorado and North Dakota since the oil price slide started by demanding that oilfield service companies slash prices by 20 percent to 30 percentcompanies slash prices by 20 percent to 30 percent or more.
In the U.S., shale explorers have focused on the most productive parts of their land, drilled faster and better wells there and negotiated lower prices from oilfield service companies.
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