Nabors drilling rig count

Nabors'' High-spec Rigs Help Keep Lower 48 Revenue Stable in 2Q

Nabors'' second quarter EBITDA was down 1% quarter-over-quarter but the company sees signs of increased drilling activity in international markets the second half of the

Nabors'' High-spec Rigs Help Keep Lower 48 Revenue

Nabors'' second quarter EBITDA was down 1% quarter-over-quarter but the company sees signs of increased drilling activity in international

US rig count decline for 2025 ''has diminished'', top driller says

The pace of rig count decline in the US Lower 48 "has diminished", executives from US driller Nabors Industries said Wednesday during the company''s second quarter earnings call.

Nabors Industries Ltd. (NBR) Q3 2024 Earnings Call Transcript

Our average International rig count increased slightly while the U.S. rig count declined modestly. Nabors Drilling Solutions and Rig Technologies segments generated

Nabors Announces Second Quarter 2024 Results

Outlook Nabors expects the following metrics for the third quarter of 2024: U.S. Drilling Lower 48 average rig count of approximately 70 rigs Lower 48 daily adjusted gross

Nabors returns to profit in first quarter

In the US drilling segment, the average rig count decreased to 61 from 66 in the fourth quarter, leading to a drop in daily adjusted gross margin

Nabors Navigating U.S. Drilling Activity with Digital & Drilling

Nabors reported a decrease in its Lower 48 rig count, dropping from 68 rigs in Q3 to 66 rigs in Q4, with expectations of further reductions to 61 rigs in Q1 2025. However, despite

Nabors Announces Fourth Quarter 2023 Results

Outlook Nabors expects the following metrics for the first quarter of 2024: U.S. Drilling Lower 48 average rig count of 73 - 75 rigs Lower 48 daily adjusted gross margin of

Nabors (NBR) Q2 2025 Earnings Call Transcript

Nabors Industries Ltd.''s average international rig count increased by one rig, mainly driven by additional new builds in Saudi Arabia and reactivated rigs in Kuwait.

Nabors Announces Second Quarter 2024 Results

Nabors Lower 48 rigs continued to set the standard for performance on challenging wells. A major operator in the Delaware Basin drilled its fastest four-mile lateral, utilizing a

Nabors Announces Fourth Quarter 2024 Results

Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported fourth quarter 2024 operating revenues of $730 million, compared to operating revenues of

Nabors Industries: Don''t Worry Too Much About The

In addition to a small offshore fleet of 29 units, of Nabors'' 300 land rigs, only 167 are in the Lower 48: 16 are in Alaska and 117 are international,

Land driller Nabors sees slowing Lower 48 rig count adds, but still

Consistent with a tighter and more cautious outlook for North American rigs in general, Nabors CEO Anthony Petrello said the rig operator expects to place just one more drilling unit into the

Nabors Announces Fourth Quarter 2023 Results

The U.S. Drilling segment reported fourth quarter adjusted EBITDA of $118.4 million, compared to $117.4 million in the third quarter. Nabors exited the year with 74 rigs on

Nabors Industries Ltd (NBR) Q2 2025 Earnings Call

Nabors Industries Ltd (NBR) reports a 13% revenue increase and strategic advancements despite facing operational hurdles in key markets.

Fitch Rates Nabors Industries, Inc.''s Proposed Senior

Softening U.S. Activity, Utilization: Softness in Nabors'' U.S. drilling segment continued in 2Q24 driven primarily by continued weakness in natural gas pricing. Nabors'' U.S.

Nabors Announces Third Quarter 2023 Results

Outlook Nabors expects the following metrics for the fourth quarter 2023: U.S. Drilling Lower 48 average rig count of 72 - 74 rigs Lower 48 adjusted gross margin per day of

Nabors Announces First Quarter 2025 Results

Average rig count was essentially in line with activity expectations. Daily adjusted gross margin for the first quarter averaged $17,421, reflecting additional newbuild rigs in Saudi

Active Drilling Rig List

* MIRU - Moving In, Rigging Up. ** Next Location - Anticipated rig locations obtained from rig crews, may not be reliable, and are subject to change at any time.

Nabors Announces First Quarter 2025 Results

Outlook Nabors expects the following metrics for the second quarter of 2025, which reflect a full quarter from Parker Wellbore operations:

Nabors Announces Fourth Quarter 2024 Results

Average rig count met activity expectations as it increased slightly to 85 driven by rig additions in Argentina and Saudi Arabia, mostly offset by rig suspensions in the Kingdom.

Nabors: Immense Upside From SANAD IPO Potential

The U.S. drilling industry faces a tough near-term outlook, with rig counts falling since the April tariff panic and further weakness expected in

Nabors: US onshore operators expect to reduce rig

US operators in the Lower 48 expect to reduce their rig counts later this year amid global market volatility, officials with drilling contractor Nabors

The US Shale Rig Count is Not Falling, Data Show | Hart Energy

The net change in the U.S. horizontal rig count is seven rigs—1% —fewer than at year-end 2024, a Hart Energy analysis shows. Instead, the sub-$70 oil price has displaced

Nabors eyeing international growth, even after suspension of

Nabors'' international rig count grew by eight over the last year to 85, driven by gains in Algeria and Saudi Arabia. Its international drilling revenue grew by $23.8 million, and

Nabors Navigating U.S. Drilling Activity with Digital & Drilling

Drilling Solutions Expansion Despite a decline in U.S. rig count, Nabors'' drilling solutions saw strong international demand. Gross margin expanded to 54%, reflecting

Nabors Takes to Global Expansion in 3Q as Rig

Overall, the average global rig count remained stable at 159, with a slight increase in international rigs despite a modest decline in the U.S. rig

Nabors drilling rig count [PDF]

Mining Drilling Rigs Inc.