LONDON--(BUSINESS WIRE)--New market research study by Technavio on the global workover rigs market projects the market to grow at a CAGR of more than 5% during the period 2019-2023. This research ...

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the workover rigs market and it is poised to grow by $ 254.51 million during 2020-2024, progressing at a CAGR of over 3% during the forecast ...

South Texas Oil Company (OTCBB: STXX), announced today that it plans to significantly increase its production capacity through the acquisition of a drilling rig and a workover rig to be used at its ...

LAFAYETTE, La. (KLFY) — An expensive purchase by a local family-owned workover and drilling company is increasing the company’s ability to service its customers and provide employment.

On April 14, 2016, the Department of the Interior (DOI), through the Bureau of Safety and Environmental Enforcement (BSEE), released a final rule establishing requirements for certain offshore oil and ...

New rules for offshore drilling under consideration in Congress could create major competitive advantages for offshore contract drillers that have heavily invested in modern drilling fleets in recent ...

28 September 2005 DHAHRAN - The overhauled drilling/workover rig SAR-102, retired and dismantled in 1999, is now back in service. In July, the project of overhauling the rig was declared complete - ...

Indonesian independent MedcoEnergi is moving a workover rig to its CBM-SE-02 well at the Sekayu coalbed methane (CBM) exploration project in South Sumatra, project partner CBM Asia Development has ...