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Precision drilling company active rigs

Precision Drilling''s 2024 U.S. Performance and Efficiency Gains:

Challenges and Market Conditions in the U.S. Precision''s U.S. drilling activity declined in 2024, primarily due to reduced demand, lower day rates, and market uncertainty.

Precision Drilling Archives

Precision Drilling Corporation ("Precision" or the "Company") (TSX:PD; NYSE:PDS) announces 2025 second quarter results and confirms shareholder return targets while increasing its

Precision Drilling sees third-quarter profits rise on stronger

The company says in Canada, its customers'' drilling activity increased 25 per cent year-over-year, averaging 72 active drilling rigs in the third quarter of 2024.

Precision Drilling announces Kuwait contract, offers activity

Precision Drilling has five active rigs in Kuwait on a long term contract and the Calgary-based company says they sixth rig should begin operations in the third quarter of

Onshore Rigs | Arabian Drilling

Arabian Drilling is an award winning onshore and offshore gas and oil rig drilling company in Saudi Arabia with an extensive track record of operational excellence and a history of

Precision Drilling sees third-quarter profits rise on

The company says in Canada, its customers'' drilling activity increased 25 per cent year-over-year, averaging 72 active drilling rigs in the

Precision Drilling Reports Q2 Profit Decline, Averages 50 Active

The decline in earnings was primarily attributed to a decrease in active drilling rigs in the U.S., lower service rig operating hours, and weather impacts. The company averaged

Precision Drilling Reports Q2 Profit Decline, Averages 50 Active Rigs

In Canada, Precision Drilling averaged 50 active rigs, compared to 49 in the second quarter of 2024 [2]. Service rig operating hours dropped by 23% compared to the same period

Precision Drilling Announces 2023 Third Quarter Unaudited

The outlook for Canada remains encouraging with 67 rigs active today, significant oil and natural gas pipeline takeaway capacity coming online in early 2024, and current

Innovative Drilling Technology | US & Canada Drilling

As the leading oil and gas drilling contractor in Canada, Precision Drilling offers customers proven resource drilling expertise through innovative technologies,

Precision Drilling Corporation Announces 2022 Fourth Quarter

Awarded four five-year drilling contracts in Kuwait and renewed three contracts in the Kingdom of Saudi Arabia for five years. Precision will increase its active rig count in the

U.S. Drilling Rig Locations

Precision Drilling Precision Drilling is Canada''s largest oil and gas driller, with over 240 drilling rigs and servicing locations worldwide. The company''s

Precision Drilling Expands in US, Canada with CWC

When the company reported second-quarter earnings in July, Precision had 58 active rigs running in Canada and 43 active rigs in the U.S.

Precision Drilling returns to profitability as oil and gas

In the U.S., Precision averaged 57 active drilling rigs during the third quarter and is currently operating 61 rigs, a 20-per-cent increase from the

Precision Drilling Announces 2025 First Quarter Unaudited

Canada''s activity averaged 74 drilling rigs in the first quarter and surpassed the 73 active rigs in the same period last year. Canadian revenue per utilization day was $35,601 and

Precision Drilling announces five-year contract awards

Precision Drilling was recently awarded four contracts in Kuwait, each with a five-year term and an optional one-year renewal. The contract

Precision Drilling Announces 2024 First Quarter Unaudited

Precision had 73 rigs active in the first quarter, representing a 6% increase over the same period last year while industry activity was 6% lower. With strong demand for our

Precision Drilling Corporation Provides Activity Update

Precision Drilling Corporation (TSX:PD; NYSE:PDS) ("Precision" or the "Company") today provides an update on its North American drilling operations. In Canada, we have 46

Precision Drilling Completes Acquisition of CWC

Including CWC''s rigs, Precision now has 72 active service rigs in Canada, 73 active drilling rigs in Canada and 51 active drilling rigs in the U.S.

Precision Drilling Introduces Capital Allocation Framework

CALGARY, Alberta, Jan. 06, 2022 — Precision Drilling Corporation ("Precision" or "the Company") (TSX:PD; NYSE:PDS) provides a series of announcements including: 1) An introduction to its

Precision Drilling Reports 2023 Fourth Quarter and Year-End

"In the U.S., industry drilling activity in 2023 was impacted by weak natural gas prices, oil price volatility, and merger and acquisition activity, resulting in a 21% decline in the

Precision Drilling increased drilling activity in 2022, provides

3 days ago· Harnessing the power of automation, AI, and smart algorithms, our Alpha™ suite of technologies helps oil and gas drilling businesses save time, reduce risk, and decrease overall

Rig Locator US – Oil Gas Leads

ource for rig availability and current location information Precision is a top drilling company in US has a reputation for operating safely, lowering

RiggerTalk

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Precision Drilling: Oilfield Activity In Canada Appears

This is where Precision Drilling may get some tailwinds, as the company is well positioned in both the Marcellus with 6 active rigs as of May

Precision Drilling Announces 2025 First Quarter

Internationally, we had eight rigs active in the first quarter, consistent with the first quarter of 2024, and realized revenue of US$36 million

Drilling Rigs

Looking for drilling rigs in the oilfield -- or want to get updated with the latest drilling rigs? RiggerTalk can help! Browse through the RiggerTalk drilling rigs location on the map.

Precision drilling company active rigs [PDF]

Mining Drilling Rigs Inc.