LONDON--(BUSINESS WIRE)--The global workover rigs market is expected to post a CAGR of more than 5% during the period 2019-2023, according to the latest market research report by Technavio. Request a ...
There are a number of problems that can develop in a producing well that can negatively affect operations, production and ultimately revenue generated, such as failure of mechanical equipment, changes ...
Chinese yard CIMC Raffles has resumed a plan to build a ship-shaped workover rig, signalling its confidence in the offshore service market as oil prices recover. The yard in eastern China’s Shandong ...
The company mobilized the SPT-129 workover rig with rig services provider Braserv Petroleo LTDA to the Sao Joao field. Calgary-based Petro-Victory Energy Corp. has mobilized a workover rig to the São ...
HOUSTON, July 30-- Workovers of US oil wells to boost production are lagging behind earlier expectations for today's still relatively high-price crude market, industry analysts claimed. However, the ...
HOUSTON - Ranger Energy Services, Inc. (NYSE:RNGR), a $292 million market cap energy services company with notably strong financial health according to InvestingPro analysis, announced the development ...
A shortage of workover rigs in Egypt and problems with electric submersible pumps (ESPs) are hampering APA Corporation’s ability to meet its oil production goals in the North African country. Outside ...
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