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Deepwater wellbore integrity can be defined as the application of relevant engineering techniques and operational measures in deepwater drilling to control related risks during the drilling process, ensuring that deepwater oil and gas wells are always in a safe state throughout their entire life cycle.
Margins matter. The more Pioneer Drilling (ASE: PDC) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
the drilling and operating companies well control policies. For workover or completion operations, other methods are often used. Bullheading is a common way to kill a well during workovers and completions operations but is not often used while drilling. Reverse circulation is another kill method used for workovers that are not used for drilling ...
The output of the analysis is a factor of safety, defined as the ratio of the shear strength (or, alternatively, an equivalent measure of shear resistance or capacity) to the shear stress (or other equivalent measure) required for equilibrium. If the value of factor of safety is less than 1.0, the slope is unstable.
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Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. [1] In May 2024, the company was acquired by ExxonMobil.
The 10-second takeawayFor the quarter ended March 31 (Q1), Pioneer Drilling beat expectations on revenues and beat expectations on earnings per Pioneer Drilling Beats on Both Top and Bottom Lines ...