PIONEER DRILLING COMPLETES ACQUISITION OF SEVEN RIGS

Pioneer drilling sells rigs

Pioneer drilling sells rigs

Patterson-UTI will add 16 super-spec drilling rigs from Pioneer to its current U.S. fleet of 150 super-spec rigs. Patterson, second largest drilling contractor in U.S., said the deal enhances its focus on reducing emissions with additional rigs capable of using natural gas as primary fuel source. [pdf]

Polar pioneer drilling rig

Polar pioneer drilling rig

On January 13, 2015, the first public meeting North Slope fleet at Terminal 5. On February 9, the lease with Shell was signed by Port of Seattle CEO Ted Fick. When the deal became known, Seattle Mayor and the announced they would review it. On March 9, the city of Seattle began looking for ways it could hinder the deal. Murray asked Port to reconsider the. [pdf]

Speculative newbuild drilling rigs

Speculative newbuild drilling rigs

Now, after years of rig market doldrums and rig fleet contraction, the market is experiencing the beginnings of a revival, with rising rates and dwindling availability. In the immediate aftermath of Russia’. [pdf]

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