Sentences with phrase «rig drilling activity»

Oil prices gave up earlier gains as rising U.S. output loomed over markets, despite a slowdown in rig drilling activity.

Not exact matches

OSLO, April 18 - Offshore oil driller Seadrill plans to emerge from Chapter 11 bankruptcy in late June or early July to catch the rising wave of rig market activity, its chief executive told said on Wednesday.

OSLO, April 18 (Reuters)- Offshore oil driller Seadrill plans to emerge from Chapter 11 bankruptcy in late June or early July to catch the rising wave of rig market activity, its chief executive told said on Wednesday.

However, this had more to do with supply than demand and was mostly a U.S. phenomenon, driven by the recent stabilization in the U.S. rig count as well the fact that production has remained resilient, despite the pullback in drilling activity.

Rig Locator's Canadian Drilling report provides the Q4 2016 drilling contractor market share rankings, drilled wells depths and types, and producer activity rankings for western Canadian PSAC Drilling report provides the Q4 2016 drilling contractor market share rankings, drilled wells depths and types, and producer activity rankings for western Canadian PSAC drilling contractor market share rankings, drilled wells depths and types, and producer activity rankings for western Canadian PSAC regions.

After falling for four consecutive months, support activities for mining and oil and gas extraction rose 9.9 % in April, as both rigging and drilling services advanced.

That said, slumping global rig activity, especially in offshore drilling where NOW has a heavy customer concentration, more than overcame the boost the company received from acquisitions.

Companies whose businesses are dominated by either of the following activities: The construction or provision of oil rigs, drilling equipment and other energy - related service and equipment, including seismic data collection.

The segment consists of floaters, jack - ups and other rigs used in support of offshore drilling activities and offshore support services on a worldwide basis.

May 11 (UPI)-- Already home to about half of all the rig activity in the country, the Texas state government reported drilling permits jumped more than 30 percent.

Job responsibilities of a Rig Manager include monitoring rig operations, coordinating drilling activities, implementing safety measures, solving any issue that may arise, training staff, and supervising the movement of materiaRig Manager include monitoring rig operations, coordinating drilling activities, implementing safety measures, solving any issue that may arise, training staff, and supervising the movement of materiarig operations, coordinating drilling activities, implementing safety measures, solving any issue that may arise, training staff, and supervising the movement of materials.

Roughnecks work on offshore oil rigs and perform activities such as setting up and maintaining oil rigs, preparing the area for drilling operations, assembling pipes, driving trucks, loading and unloading various items, and cleaning the area when drilling operations are complete.