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References in periodicals archive ?
Macchiarelli's group regards these marks as products of prehistoric drilling tools.
In response to significantly higher project costs and softer product prices, the company will reduce its drilling participation in South Texas by selling a significant portion of its 37.
We also see significant upside potential through the use of modern drilling and fracing techniques.
The Company is currently drilling the Focus Ranch Federal 12 #1 well, an 8,500-foot exploratory well in Routt County, Colorado targeting the Niobrara formation.
In northern Louisiana, Range has generated and leased three prospects and anticipates drilling its first well later this year.
As of the open of business today, the shares of common stock of the reorganized and renamed Public Company, Forster Drilling Corporation, began trading on the Electric Bulletin Board (OTCBB) under the new symbol FODL.
The rig will feature Transocean's patented dual-activity drilling technology, allowing for parallel drilling operations designed to save time and money in deepwater well construction, compared with conventional rigs.
The Company has the ability to rebuild a diesel mechanical rotary drilling rig capable of drilling 10,000' to 12,500' in 45 days.
The Company has been successful in securing the high quality equipment needed to complete drilling operations in its Corvina project on cost efficient terms despite an exceedingly tight market for oil and gas equipment.
Acquiring and rebuilding used rotary drilling rigs and manufacturing major rig components;