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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.
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.
Drill bit (#26) is a device attached to the end of the drill string that breaks apart the rock being drilled. It contains jets through which the drilling fluid exits. Drill floor (#21) is the area on the rig where the tools are located to make the connections of the drill pipe, bottom hole assembly, tools and bit. It is considered the main area ...
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 ]
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Pioneer Drilling (ASE: PDC) reported earnings on May 8. Here are the numbers you need to know. The 10-second takeawayFor the quarter ended March 31 (Q1), Pioneer Drilling beat expectations on ...
KBUG – kelly bushing underground (drilling up in coal mines, West Virginia, Baker & Taylor drilling) KCI – potassium chloride; KD – kelly down; KMW – kill mud weight; KOEBD – gas converted to oil-equivalent at 6 million cubic feet = 1 thousand barrels; KOH – potassium hydroxide; KOP – kick-off point (directional drilling) KOP ...
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