The U.S. has lost 95 rigs since starting 2019 with 1,083 (8.8 percent), and Permian Basin has lost 29 rigs since starting 2019 with 486 (6.0 percent). Texas added a rig in the past week to reach 485, but the state is down 47 rigs since starting 2019 with 532 (8.8 percent)..
The U.S. has lost 95 rigs since starting 2019 with 1,083 (8.8 percent), and Permian Basin has lost 29 rigs since starting 2019 with 486 (6.0 percent). Texas added a rig in the past week to reach 485, but the state is down 47 rigs since starting 2019 with 532 (8.8 percent)..
The count of active oil and gas drilling rigs has declined five straight weeks in the U.S. and four straight weeks in the Permian Basin as of May 10 as the 2019 slump for activity continues, according to Baker Hughes. The count was 988 (fewest since March 2018) in the U.S. – the third straight week. .
Rig counts are plunging in the Permian Basin and fewer energy companies are looking to drill in Texas, yet another sign that the global coronavirus pandemic is taking a heavy toll on the Lone Star State’s vital oil and natural gas industry. According to Baker Hughes, the nationwide rig count fell. .
Permian Basin and Texas continued their declines in count of active drilling rigs. Baker Hughes said as of Aug. 15 there were 255 rigs in Permian (down 1 in the past week, down 48 or 16 percent from 303 a year ago) and 242 rigs in Texas (down 1 in past week, down 31 or 11 percent from 273 a year.
[pdf] The XLE4 is based on the design of the three existing rigs, but will have several modifications and incorporate enhanced features to improve efficiency, safety and onboard logistics that will make it the largest and most advanced jack-up rig in the world. These include dual pipe handling to maximise uptime and. .
In the North Sea, the Maersk drillship Gallant has drilled to an even greater depth. In August, the company reported that at a total depth of 5,941 metres, it had beaten the record for. .
Maersk Drilling’s chief commercial officer Ana Zambelli says the new drilling technology is the differentiating factor for customers when oil prices are so low. Offshore installation manager Craig Fraser adds: “It’s a demanding industry. Clients want performance. .
The bottom line for Maersk, as it is for other companies, is to drive down costs. Senior commercial advisor Erik Schou has been prominent in the build-up of Maersk Drilling’s activities in.
[pdf] The new Ridgid 18V cordless hammer drill delivers up to 1,250 in-lbs of max torque, and is said to deliver up to 25% faster drilling compared to the brand’s R860012 hammer drill/driver. The new drill features anti-kickback technology, which prevents over-rotation in bind-up situations.
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