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Nabors Industries Limited is an American global oil and gas drilling contractor that has operated since 1972. Based in Houston, Texas, Nabors operates the world’s largest land drilling rig fleet, with around 500 rigs operating in over 25 countries – in almost every significant O&G basin on the planet.
In June 2007, the company acquired 175,000 net acres and 1 thousand barrels of oil equivalent (6,100 GJ) per day of production in Williston, North Dakota for $83 million. [1] In 2008–2009, the company acquired an additional 131,000 net acres and 1.1 thousand barrels of oil equivalent (6,700 GJ) per day of production nearby for $54 million. [1]
Construction job openings dropped nearly 40% from a year ago in October, according to a separate report from the Bureau of Labor Statistics released Tuesday. Contractors hired 293,000 workers ...
The Bakken Shale - a vast formation underlying parts of North Dakota, Montana, and South Dakota - has taken the U.S. by storm. Counties in North Dakota that were previously as quiet as a graveyard ...
Licence to Drill is narrated by Canadian actor Adrian Burhop. [1] Every episode, save the pilot, starts out with a standard introducing narrative. Season one opening: In the unforgiving winter of the Canadian north, where the Sun shines only a few hours a day, and the temperatures drop to 70 degrees below zero, two companies risk everything to drill thousands of meters into the Earth in search ...
Nabors' (NBR) U.S. Drilling segment reports an operating income of $20.4 million in Q2, rebounding from the year-ago loss of $13.1 million on improved rig activity and solid margins.
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