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Ensign is one of the world's land-based drilling and well servicing contractors serving crude oil, natural gas and geothermal operators. [verification needed] The company’s premium service is focused on contract drilling with complementary services such as directional drilling, underbalanced and managed pressure drilling, rental equipment, well servicing and production services. [4]
In September 2019, amid a difficult energy sector in Alberta, Precision Drilling Corporation's share price fell below the required minimum for the S&P/TSX Composite Index and was removed from the index. [15] In July 2022, Precision Drilling acquired High Arctic Energy Services Inc.'s welling services and rental divisions for $29.3 million. [16]
Using a rig brought from Toronto, in 1893 contractor A.W. Fraser began drilling for liquid oil at Athabasca. He abandoned the well in 1894." [6] "In 1897 Fraser moved the rig to Pelican Rapids, also in northern Alberta. There it struck gas at 250 metres (820 ft) after encountering a high-pressure gas zone. According to drilling contractor A.W ...
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 ]
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.
Compared to conventional drilling rigs", Ensign, an international oilfield services contractor based in Calgary, Alberta, that makes ADRs claims that they are "safer to operate, have "enhanced controls intelligence," "reduced environmental footprint, quick mobility and advanced communications between field and office."
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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.
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