News

tight rig supply and pricing momentum on leading-edge day rates, we expect fleet average day rates and operating margins to continue trending upward well into 2023. “Precision’s drilling ...
U.S. drilling averaged 34 rigs in Q4 ... mitigate risks through strategic fleet upgrades, customer-focused initiatives, and active contract negotiations. Precision Drilling is transitioning ...
The acquisition is set to augment Precision's operational capacity, adding a fleet of 62 marketed service rigs and seven marketed drilling rigs in Canada, as well as 11 marketed drilling rigs in ...
Oil rig services provider Precision Drilling reported Thursday a net income ... the outlook is certainly encouraging. Our Canadian fleet is in high demand with 58 rigs running, including all ...
The company offers an extensive fleet of advanced drilling rigs and a digital technology portfolio under the Alpha brand, which enhances operational efficiency. Precision also provides a suite of ...
Our Canadian drilling activity continues to be robust in 2025 and we currently have 81 rigs operating and expect this activity level to continue until spring breakup. Our Super Single fleet is ...
Calgary-based Precision Drilling has stuck a C$141 million (US$103 million) deal to acquire CWC Energy Services, in a move that will boost its Canadian and US rig fleet. This is the latest of a ...
Precision Drilling Corp PDS ... With the deal, PDS expects to add 62 marketed service rigs in Canada, seven in Canada, and 11 in the U.S. to its fleet. The transaction is expected to completed ...
Precision Drilling Corp. announced net earnings of ... “With strong demand for our services, tight rig supply and pricing momentum on leading-edge day rates, we expect fleet average day rates and ...
offering customers access to an extensive fleet of Super Series drilling rigs. Precision has commercialized an industry-leading digital technology portfolio known as Alpha™ that utilizes ...
Precision Drilling Corporation ("Precision ... demand for our Super Series fleet remains high. Today, we have 75 rigs operating, with our Super Triple and Super Single rigs nearly fully utilized.