The promising drilling technique is not yet a panacea. So-called coiled tube drilling rigs have limits on the depths they can reach and the geologic formations they can breach. Yet some energy ...

"Over the past few years, the ICON engineering team has worked closely with major operators and drilling contractors in the development and supply of motion compensated coiled tubing lift frames ...

XtremeX Mining Technology (XMT) is set to deploy its AC-electric automated coiled tubing and electric top-drive diamond core drilling rig at Ivanhoe Electric’s Santa Cruz copper project in Arizona.

RIYADH, Saudi Arabia--(BUSINESS WIRE)-- XtremeX Mining Technology Inc. (XMT), a leader in innovative drilling solutions, is excited to announce its cutting-edge AC-electric automated coiled tubing ...

ICON is an oilfield engineering firm specialising in: Mobile Offshore Drilling Units (MODU ... Heave /Motion Compensated Riser and Coiled Tubing (CT) Tension Lift Frames for Well Operations on ...

The XTC 400 is Xtreme Coil's largest rig, a triple, capable of drilling to 10,000 feet with 3-1/2 inch coiled tubing and to 14,000 feet with conventional jointed drill pipe. The rig is built with ...

The market is booming for coiled-tubing equipment and services for well interventions and drilling. Coiled-tubing drilling, although only 15% of the overall CT industry, is growing faster than the ...

Canadian drilling contractor Ensign Resource Service has begun construction of 10 coiled tubing drilling rigs designed specifically for drilling shallow natural gas and coalbed methane wells.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...

The XMT team has a history of developing and commercializing some of the most advanced coiled tubing drilling systems. XMT's proven track record, coupled with Precision Drilling's rig technology ...