Basic Energy Services said today it had bought two barge-mounted workover rigs and related equipment from Houston-based Parker Drilling for about $26 million. The vessels, which operate on the inland ...
This course gives a technical overview of the science and art of drilling operations, completion practices and post-completion wellbore enhancement or remedial workover techniques (well intervention).
Parker Drilling's subsidiary, Parker Drilling Offshore USA, LLC, has entered into an agreement with Basic Marine Services, Inc., a wholly owned subsidiary of Basic Energy Services, Inc. to sell two of ...
The buyer was private and not disclosed. Basic said the impact on revenue and earnings for this year will be "negligible". The company had been active in the inland workover barge market for the past ...
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the workover rigs market and it is poised to grow by $ 254.51 million during 2020-2024, progressing at a CAGR of over 3% during the forecast ...
There’s one more small sign hinting at the recovery of the oil industry, says Lynn Helms, the state’s director of mineral resources. Workover rigs. Helms said the workover rigs, which maintain ...
LONDON--(BUSINESS WIRE)--New market research study by Technavio on the global workover rigs market projects the market to grow at a CAGR of more than 5% during the period 2019-2023. This research ...
HOUSTON, July 30-- Workovers of US oil wells to boost production are lagging behind earlier expectations for today's still relatively high-price crude market, industry analysts claimed. However, the ...
Dec 20 (Reuters) - Basic Energy Services Inc. said it agreed to buy two barge-mounted workover rigs and related equipment for about $26 million in cash. The oilfield services company is acquiring the ...
Transerv Energy informed that fracture stimulation work has been successfully concluded at the Warro-5 well in WA’s Mid-West. The Warro-5 and Warro-6 wells are now being completed in preparation for ...
HOUSTON, July 28, 2025--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) ("Ranger" or the "Company") today announced the development of the industry’s first Hybrid Double Electric Workover ...