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rig cost

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W&T Offshore Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions First question comes from Noel Parks. Please state your company name followed by your question. Noel Parks - Ladenburg Thalmann Ladenburg Thalmann. I just have few questions. On the acquisition front as far as the Gulf itself, do you have any sense at this point...
Tags: Offshore, Cost, Call Transcript, Earnings, Rig Cost, Business Services, Mergers & Acquisitions, Outsourcing, Asset Management, Investment, Finance, It Operations, Business Operations, Outsourcing & Subcontracting, Operational Planning, Seeking Alpha, W & T Offshore Inc.
Earnings calls 2009-05-05

Additional Resources

Unit Corporation Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of Marshall Adkins, your line is open. Marshall Adkins – Raymond James Good morning guys. Could you give me just some insight on where you see the rig count going, you mentioned I think I heard 55 working...
Tags: Rate, Rig, Call Transcript, Earnings, Taxes, Free Trade, Personal Finance, Financial Planning, Finance, Seeking Alpha, Unit Corp.
Earnings calls 2009-02-24
Santa Fe International Corporation Awarded Three Year Contract for a New Land Rig
DALLAS--BUSINESS WIRE--Oct. 20, 1998--Santa Fe International Corporation (NYSE:SDC) today announced it has been awarded a three-year contract for a new 3,000 horsepower land rig in Kuwait. The contract is with Kuwait Oil Company. The new rig, to be named Santa Fe Rig 180, will cost $19.5 million and will...
Tags: Company, INTERNET, Outsourcing, SEC
Research articles 1998-10-20
BJ Services Sees Additional Decline in U.S. Rig Activity
Are rising energy prices an upbeat sign that demand for oil and natural gas services, from construction of rigging to actual drilling, will pick up in coming months? Unfortunately, the latest earnings report from BJ Services, a leading provider of pressure pumping and other oilfield services to the petroleum industry...
Tags: U.S., Natural Gas, BJ Services, Stimulation Service, Cementing, Telecom & Utilities, David Phillips
Blog posts 2009-05-08
Rig Demand Driving Profit at Ensco Int'l
The Company: ENSCO International, a global offshore oil and gas-drilling contractor The Filing: Form 10-Q filed with the SEC on July 24, 2008 The Finding: Ensco reported another record quarter with net income up 17 percent year-on-year to $297 million, reflecting higher day rates and improved...
Tags: Rig, ENSCO International, Outsourcing, It Operations, Business Operations, Outsourcing & Subcontracting, David Phillips
Blog posts 2008-08-04
W&T Offshore Inc. Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you very much. Ladies and gentlemen, at this time we will now begin the question and answer session. Operator Instructions Our first question comes from the line of Neal Dingmann with Dahlman Rose. Please go ahead at this time. Jason Wangler - Dahlman Rose Good...
Tags: W & T Offshore Inc.
Earnings calls 2007-11-07
New tender rig design under construction
Norwegian drilling contractor Smedvig recently contracted for the building of a newly designed tender rig. The self-erecting unit, designated "T-10," is under construction in southern Malaysia by Malaysia Marine & Heavy Engineering Sdn Bnd. Construction cost of just the vessel, itself, will be about $48.8 million. The derrick equipment...
Tags: Triton Corp.
Research articles 2006-04-01
Australia oil rig leak could take 7 weeks to contain
Rig operator PTTEP Australasia evacuated the crew of 69 on Friday. There were no injuries. The Australian Maritime Safety Authority on Monday said the oil slick has responded well to aerial applications of dispersant. Some 19 miles long, the slick is located about 155 miles off the Kimberley coast of...
Tags: Bloomberg L.P., Oil & Gas, energy project
News items 2009-08-24
ENSCO International Announces Construction of Sixth New Ultra-Deepwater Semisubmersible Rig
DALLAS -- ENSCO International Incorporated (NYSE: ESV) reported that one of its subsidiaries has finalized the construction contract for an ultra-deepwater semisubmersible rig to be named ENSCO 8505. The contract for construction of the rig was entered into with Keppel FELS Limited Keppel FELS Shipyard in Singapore at a total...
Tags: ENSCO International
Research articles 2008-05-30
ENSCO International Announces Agreement to Construct New Ultra-Deepwater Semisubmersible Rig
DALLAS -- ENSCO International Incorporated (NYSE:ESV) announced that one of its subsidiaries has entered into an agreement with the Keppel FELS Limited Keppel FELS Shipyard in Singapore to construct an ultra-deepwater semisubmersible rig to be named ENSCO 8502. The total project cost of ENSCO 8502 is currently expected to be...
Tags: agreement, ENSCO International
Research articles 2006-09-25
Cost of Offshore Drilling Rising as Fast as Oil Prices
A supply shortage for classes of offshore rigs capable of drilling in up to 10,000 feet of water means that the daily rate that operators pay to rent a high-end, deep-water drilling rig is now $500,000 to $550,000. That's up from a day rate of $450,000 to $500,000 a year...
Tags: Offshore, Natural Gas, Outsourcing, It Operations, Business Operations, Outsourcing & Subcontracting, David Phillips
Blog posts 2008-05-08
Trinity to Move Drilling Rig to Third Site; Technical Analysis Underway; Ready Next Week
PALMIRA, Colombia, S.A.--BUSINESS WIRE--Dec. 5, 1997--Trinity Gas Corporation (NQB:TRGC) is ready to move its drilling rig, now at Manuelita I, to a third site, according to President and CEO Sid Sers. The site of the third well, Yumbo I, already has been prepared and drilling should begin...
Tags: analysis, Business Wire, Colombia, SID
Research articles 1997-12-05
Rowan Provides Update on Loss of Rowan-New Orleans and Status of Rig Fleet Following Hurricane Katrina
HOUSTON -- Rowan Companies, Inc. (NYSE:RDC) announced today that it has located the wreckage of the Rowan-New Orleans, its LeTourneau 52-class slot jack-up rig which capsized and sank in 155 feet of water in Main Pass Block 185 offshore Louisiana during Hurricane Katrina. As previously reported, the rig was...
Tags: Rowan Companies Inc.
Research articles 2005-09-07
ENSCO International Announces Agreement to Construct New Ultra-Deepwater Semisubmersible Rig
DALLAS -- ENSCO International Incorporated (NYSE: ESV) announced that one of its subsidiaries has entered into an agreement with the Keppel FELS Limited Keppel FELS Shipyard in Singapore to construct an ultra-deepwater semisubmersible rig to be named ENSCO 8503. The total project cost of ENSCO 8503 is currently estimated to...
Tags: agreement, ENSCO International
Research articles 2007-06-07
Reliance Industries loses exploration rig to ONGC, faces project delays.
Byline: Rajeev Jayaswal Mar. 26--NEW DELHI -- It is one of those rare cases of a public sector company beating a private sector competitor to clinch a deal. State-run oil major ONGC has pipped Reliance Industries RIL to the post to contract a rig...
Tags: Reliance Industries Ltd.
Research articles 2007-03-26
What Female Scholars Learned from Oil Rig Macho Men
Harvard Business School faculty conduct field research in all parts of the world, but only professor Robin Ely can claim a stint on an offshore oil platform, 130 miles off the coast of southern Louisiana. What was she doing in this "manly men" environment? Studying how gender...
Tags: Safety, Policies And Procedures, Recruitment & Selection, Workforce Management, Human Resources, Sean Silverthorne
Blog posts 2009-06-11
NORTH SEA OIL RIG CLEAR-UP WILL COST USD 17 BILLION
Cleaning up the North Sea in the wake of oil drilling activities is going to cost over USD US17 billion over the next 20 to 30 years, claims a report carried in the Norwegian financial daily Dagens Naeringsliv on July 4. Quoting from a report drafted bCleaning...
Tags: Clear
Research articles 1995-07-14
Clayton Williams Energy Revises Cost Estimate for Drilling Rig Joint Venture
MIDLAND, Texas -- Clayton Williams Energy, Inc. (NASDAQ:CWEI) today revised its previously reported cost estimate related to the formation of a joint venture with Lariat Services, Inc. to acquire 12 new drilling rigs. The total acquisition cost of the rigs is now expected to be approximately $75 million. The previous...
Tags: Company, Williams Energy
Research articles 2005-11-07
Fred. Olsen Energy ASA and Statoil ASA settle cost overrun dispute
NORDIC BUSINESS REPORT-3 February 2003-Fred. Olsen Energy ASA and Statoil ASA settle cost overrun disputeC1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com The Norwegian offshore exploration and production services provider Fred. Olsen Energy ASA said today (3 February) that its wholly-owned subsidiary Dolphin AS had agreed to settle a dispute with the...
Tags: Statoil ASA
Research articles 2003-02-03
DTN News: AgustaWestland Awarded Apache Integrated Operational Support Contract - Delivering Cost and Capability Benefits
DTN News: AgustaWestland Awarded Apache Integrated Operational Support Contract - Delivering Cost and Capability Benefits *Source: DTN News / AgustaWestland NSI News Source Info LONDON, UK - October 7, 2009: AgustaWestland, a Finmeccanica company is pleased to announce the award of the Apache Integrated Operational Support IOS...
Tags: Apache Software Foundation
News items 2009-10-06
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