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Cortec Middle East Gears Up To Support Drilling Companies For Rig Stacking

2015-04-24 04:00:30| oilandgasonline Home Page

Drilling companies are in a precarious position right now as they often rely upon antiquated rig stacking procedures to minimize the impact of idle times. During these down times, drilling operators attempt to minimize labor, equipment, and other costs without compromising their “rebound readiness.”

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Compact Sonic Rig suits sensitive and fragile terrains.

2015-04-21 14:31:07| Industrial Newsroom - All News for Today

Capable of drilling to depths up to 250 ft when used with 4.75 in. casing, LS™250 MiniSonic™ has wide 600 mm rubber tracks that provide low ground pressure of 4 psi. Interlocked rotation barrier automatically slows head rotation when barrier is open, while articulated mast and wiggle tail enable mast to be positioned precisely over hole. In addition, rod presenter allows rod and casing to be loaded horizontally, with actuator that then presents rod and casing vertically to head.

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Oil extends gains on lower U.S. rig count, China stimulus

2015-04-20 09:26:04| Energy - Topix.net

Oil prices rose on Monday, extending last week's gains as a drop in the number of U.S. rigs drilling for crude pointed to lower supply later in the year, while China's latest stimulus measure also underpinned the market. U.S. oil drilling rigs fell for a record 19th straight week to the lowest since 2010, data from Baker Hughes showed on Friday.

Tags: china lower count oil

 

Oil extends gains on lower U.S. rig count, China stimulus

2015-04-20 09:14:59| Oil & Gas - Topix.net

Oil prices rose on Monday, extending last week's gains as a drop in the number of U.S. rigs drilling for crude pointed to lower supply later in the year, while China's latest stimulus measure also underpinned the market. U.S. oil drilling rigs fell for a record 19th straight week to the lowest since 2010, data from Baker Hughes showed on Friday.

Tags: china lower count oil

 

5 years later, enhancements in rig safety

2015-04-20 05:15:30| Oil & Gas - Topix.net

Five years brought clearer, safety-centric federal guidelines for drillers, enhanced training for rig employees and empowerment for workers who are better able to recognize when things go wrong. 5 years later, enhancements in rig safety Five years brought clearer, safety-centric federal guidelines for drillers, enhanced training for rig employees and empowerment for workers who are better able to recognize when things go wrong.

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