News

Within the Drilling Services segment for the second quarter, we expect a relatively steady rig count compared to the first ...
Barton expediting reconnaissance drilling to map extent of silver zoneHIGHLIGHTSDual high-grade silver and gold zones ...
With the above developments, six rigs that were idle for part or the whole of 1Q25 are set to resume operations, laying the foundation for a significant improvement in utilisation, revenue and EBITDA ...
The benefits, they say, are myriad. Automated exploration drill rigs can improve safety by removing people from high-risk situations and requiring less driller intervention, helping ease acute ...
A rotary head supplying 4,500-lb.-ft. torque and a high volume of flushing air (862 cfm at 350 psi) powers the rig for drilling holes up to 6.5-in.-diameter in a wide range of rock conditions.
Baker Hughes, which has issued rotary rig counts since 1944, describes the figures as an important business barometer for the drilling industry and its suppliers. The company notes that working ...
Borr Drilling (NYSE:BORR) +9.3% pre-market Tuesday after announcing new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs.
Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, marking significant fleet updates. In South East Asia, the Thor rig received a binding letter of award ...
Lime Petroleum signed a contract with Borr Gerd Limited for the Gerd jackup rig, which will be used for a 120-day drilling campaign in Benin. The Sèmè Field in Benin is operated by Akrake, which holds ...
Rex International’s 80.14% subsidiary, Lime Petroleum Holdings, has signed a contract with Borr Gerd for a modern-built jack-up rig, which will be used for a 120-day drilling campaign in Benin, a ...
has signed a contract with Borr Drilling’s affiliate Borr Gerd Limited for a jack-up drilling rig, which will be used in a campaign offshore Benin in West Africa. Lime Petroleum signed up the Gerd ...
This Air Core* drilling program ... deviation as opposed to other comparative methods such as a standard rotary drilling rig. Figure 3 – Top left image of unconsolidated and semi consolidated ...