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Precision Drilling Ltd. was founded in 1951. [3] In 1987, Precision Drilling was acquired by Cypress Drilling, led by president Hank Swartout, in a reverse takeover which left the company with a fleet of 19 rigs. [4] Swartout led the company through extensive growth until his retirement in 2007. [5]
Trinidad Drilling Ltd. was a corporation headquartered in Calgary, Alberta, Canada that operated in the drilling and well servicing sectors of the North American oil and gas industry. Trinidad was acquired by Ensign Energy Services between late 2018 to early 2019, and was amalgamated into Ensign in 2019.
Ensign Energy Services Inc. is a publicly traded Canadian company that provides oilfield services for the North American and international market. [1] Founded in 1987, [2] Ensign is headquartered in Calgary, Alberta. Ensign's Common Shares are publicly traded though the facilities of the Toronto Stock Exchange under the trading symbol ESI. [3]
Alberta's first recorded natural gas find came in 1883 from a well at CPR siding No. 8 at Langevin, near Medicine Hat. This well was one of a series drilled at scattered points along the railway to get water for the Canadian Pacific Railway's steam-driven locomotives. The unexpected gas flow caught fire and destroyed the drilling rig."
Nabors Drilling, based in Calgary, was founded as an Alberta corporation in May 1952 as the Parker Drilling Company of Canada Limited, a wholly-owned subsidiary of the Parker Drilling Company. The American parent had been founded in Tulsa in 1934 by Gifford Cleveland Parker (1897–1967).
Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
Drilling rig in northern Alberta. Alberta's oil sands underlie 142,200 square kilometres (54,900 sq mi) of land in the Athabasca, Cold Lake and Peace River areas in northern Alberta - a vast area of boreal forest which is larger than England.
Ranger began drilling test wells in the fall of 1972 in the various blocks it had been awarded. In early January 1974 the semi-submersible drilling rig Sea Quest discovered oil in the Ranger-BP block 3/8 at a depth of 10,572 feet. [6] Shortly thereafter, the Burmah-Chevron group discovered oil in the adjoining block, 3/3, indicating a major field.
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