DRILLING contractor GlobalSantaFe will exit the land drilling business through the planned sale of its land drilling assets to Canada's Precision Drilling for $316.5 million in cash. The two companies ...

Parker Drilling has been awarded new contracts for six of it's international land rigs in Libya, Mexico and Kazakhstan. Of the six rigs fulfilling these contracts, five are mobilizing from inactive ...

Parker Drilling was awarded new contracts for three land rigs to subsidiaries operating in Mexico and Kazakhstan. Parker Drilling was awarded new contracts for three land rigs to subsidiaries ...

• Rowan Cos. has entered into contracts to deliver four land rigs to Encana. The first will be delivered in May, with additional rigs to follow about every three months. The company also plans to ...

BANGALORE, Aug 3 (Reuters) - Contract driller Rowan Cos Inc reported a quarterly profit that beat analysts' estimates, backed by strong land rig utilization, and said clients were shifting capital ...

Robert Dean Ravnaas, Chairman and CEO, reported "solid results for the second quarter with strong cash flow, continued debt paydown and lower cash G&A cost per BOE." He highlighted that Kimbell's ...

San Antonio company Pioneer Drilling has added four land rigs to its fleet through two separate deals valued at $19 million. The contractor paid $7 million for the assets of United Drilling and U-D ...