Search results
Results from the WOW.Com Content Network
In 1970, Diamond M became a public company via an initial public offering. Twelve years after being acquired by Kaneb Services for $102 million, [3] the firm was sold for $48.5 million to Loews Corporation in 1989. [4] In 1992, Diamond M Corporation acquired ODECO from Murphy Oil for $358 million. [4] Shortly thereafter, Diamond M Corp. briefly ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Exploration diamond drilling differs from other geological drilling (such as Reverse Circulation (RC) Drilling [3]) in that a solid core is extracted from depth, for examination on the surface. The key technology of the diamond drill is the actual diamond bit itself. [4] It is composed of industrial diamonds set into a soft metallic matrix.
The most common cutting element in use today is the polycrystalline diamond cutter (PDC), a sintered tungsten carbide cylinder with one flat surface coated with a synthetic diamond material. The cutters are arranged on the blades of the bit in a staggered pattern with the diamond coated cutter surface facing the direction of bit rotation to ...
Cut Bakken Core samples. Although often neglected, core samples always degrade to some degree in the process of cutting the core, handling it, and studying it. Non-destructive techniques are increasingly common, e.g., the use of MRI scanning to characterize grains, pore fluids, pore spaces and their interactions (constituting part of permeability) but such expensive subtlety is likely wasted ...
In July 2020, the company filed for bankruptcy; [6] it emerged from bankruptcy in February 2021. [7] In April 2021, the company acquired Pacific Drilling. [8] In November 2021, it was announced that Maersk Drilling would merge with Noble Corporation and the combined company would be called Noble Corporation, with a valuation of £2.6 billion. [9]
In the 1960s and 1970s, Longyear began to diversify into other areas beyond traditional mineral exploration drilling. The company began using diamond bits for drilling and sawing concrete in the construction industry. In 1977, Longyear purchased rights to make concrete saws from the Drillistics Company. The firm's Salt Lake City plant began ...
Helmerich & Payne Flex Rig drilling the Bakken. Helmerich & Payne, Inc. (/ ˈ h ɛ l m r ɪ k / HELM-rik) is an American petroleum contract drilling company engaged in oil and gas well drilling and related services for exploration and production companies [2] headquartered in Tulsa, Oklahoma, with operations throughout the world.