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 ...

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 ...

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 ...

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 - ...

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.

Ranger Energy Services, Inc. (NYSE: RNGR) reported a significant year-on-year increase in second quarter net income, fueled by solid operational performance across key business segments and the ...

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 ...

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 ...

Brazilian drilling contractor Constellation Oil Services has secured a new contract for its oldest rig in operation. The ...

HOUSTON, Feb. 6-- US drilling activity rebounded with 1,117 rotary rigs working this week, up by 33 from the previous week and surpassing 884 during the same period a year ago, said officials Friday ...