Geopolitical tensions are impacting global oil and natural gas prices, but the outlook for oilfield services “continues to be constructive,” as operators prepare for infrastructure and LNG projects to begin commercial operations, according to Ensign Energy Services Inc. The executive team of the Calgary-based operator, which works across North America and in overseas markets, discussed…
Ensign
Articles from Ensign
Ensign Expecting Steady U.S. Oil, Natural Gas Drilling to Continue
The United States was the top revenue generator in the first quarter for Calgary-based Ensign Energy Services Inc., where the oilfield services (OFS) operator expects to see stronger activity going forward. U.S. revenue was up 65% year/year. Ensign reports in Canadian dollars (C$1.00/US75 cents). U.S. assignments accounted for 57% of the international OFS company’s $484.1…
May 16, 2023
India’s Reliance Exits North America in Eagle Ford Deal with Ensign
A unit of Indian conglomerate Reliance Industries Ltd. reported Monday that it has divested all of its unconventional natural gas assets and has exited North America. Earlier this year Reliance pulled out of Appalachia. The latest exit follows Ensign Natural Resources LLC’s buyout of Reliance Eagleford Upstream Holding LP’s working interest in leases and wells…
November 9, 2021
Ensign Energy Offers to Buy Out Calgary Drilling Rival Trinidad
Calgary-based Ensign Energy Services Inc., one of the leading land-based drillers in North America, has launched a hostile bid to take over its cross-town rival Trinidad Drilling Ltd. for C$947 million (US$720 million), including debt.
August 13, 2018
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