United States

Lower 48 Customers Clamoring for High-Spec Rigs, Says Nabors CEO

Nabors Industries Ltd., which owns and operates the world’s largest land-based drilling rig fleet, saw substantial utilization increases in the Lower 48 market during the third quarter, although spot market pricing remained competitive.

October 26, 2016
Alberta Underestimated U.S. NatGas Threat, Economist Says

Alberta Underestimated U.S. NatGas Threat, Economist Says

Canada’s chief natural gas-producing province is feeling the heat of competition from low-cost U.S. shale gas.

September 9, 2016

Canadian Oil, NatGas Drillers Signal Further Retreat in 2016, Barring Higher Oil Prices

Canadian natural gas and oil drilling will continue to retreat next year unless energy prices stage a surprise comeback, field equipment operators are predicting.

November 18, 2015
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