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Showing results for Xtreme Drilling and Coil Services, Inc.
...Oil producers hedge prices in futures and other derivatives markets to guard against price drops and ensure they have cash to fund drilling, debt payments and other expenses....
...Lorries laden with sand and gravel speed down highways, pick-up trucks haul trailers carrying shining new diggers and SUVs cart diesel engines and coils of piping....
...It’s basically a bunch of servers, and they control the speed through which trades arrive at the exchange through coils....
...The drag on a positive bottom line is its heavy investment in rapid food delivery services....
...The North Face refused an order from Innovex Downhole Solutions, a Houston-based oilfield services group, for about 400 company-branded North Face jackets that it intended as gifts for staff....
...Ripple said that Santander was still using some of its software in the payments service and was “one of our largest and most important customers”....
...Houston’s Diamond Offshore Drilling filed for bankruptcy on Sunday with debts of more than $2.6bn, blaming the “unprecedented” impact of an oil price war and the coronavirus pandemic....
...If nothing else, that suggests Wall Street and Washington will be aligned this year behind green issues. This week’s news from Biden on drilling indicates the green direction of his administration....
...(NYT) Oilfield blues Drilling rigs that supported the local economy in west Texas — including barbers earning $180,000 per year — are now sitting untouched after the spread of Covid-19 caused demand to...
...Fellow services groups Baker Hughes and Schlumberger report tomorrow and Friday....
...Baker Hughes took a 5 per cent stake in Adnoc’s drilling unit....
...His real skill was getting the “front line” — thousands of sales and customer service workers — excited and happy while building a loyal team of strong executives such as Mike Sievert and Neville Ray to...
...Since the freeze began, 2,600 applications for new gas service covering 20,000 commercial, residential and apartment units have been halted....
...See European Oil Services & Drilling: Future postponed, again, 20/3/20, for example....
...The drilling and services industry hopes in particular that it will soon be able to raise the prices it charges, having being squeezed by the oil majors during the slump....
...Friday, June 30: 6am Wake and drive to Princeton, Indiana to pick up three defective steel coils rejected by a Toyota factory. Return coils to customer in Franklin and go home....
...Out of these 28, six are part-time independent consultants and contractors hired to: ...perform various professional services, particularly for services connected to drilling operations, such as specialized...
...“Until very recently, [oil and gas] companies have not had the tools or the capabilities needed to operate these assets at their maximum capacity,” McKinsey, the professional services firm, said in a recent...
...Whilst Tontine Trust Limited does not offer trustee services and is a not an approved trustee in Gibraltar or any other jurisdiction, appropriate regulatory & licence applications are under preparation and...
...The number of rigs drilling the horizontal wells used for shale oil production has more than doubled from its low of 248 in May last year to 652 last week, according to Baker Hughes, the oilfield services...
...The numbers of rigs drilling oil wells in the Eagle Ford and the Bakken are still well below their 2014 peaks, but in the Permian it is at a record high....
...Rising demand has stirred interest in expanding spot markets where miners, service companies and producers can swap loads and obtain more insight into prices....
...That would value MS Energy — a leading provider of directional drilling services, a term used to describe drilling at certain angles — at about $215m....
...capital rather than pursuing a “one-sided strategy” of “merely drilling for growth’s sake”, particularly if commodity prices fall....
...services group, in a sign that financial pressures and the decline in crude prices between April and June may have constrained activity....
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