- TOKYO -- A Japanese deep-sea drilling probe has set a new world record for depth, reaching 7,740 meters (25,400 feet) below the sea surface, the research institute that launched it says. (Huffington Post)
- CALGARY , April 24, 2012 /CNW/ - AKITA Drilling Ltd. is pleased to report that it has achieved record first quarter earnings and funds flow from operations during 2012. AKITA Drilling Ltd. (Yahoo Finance)
- Eurasia Drilling Co. (EDCL), Russia's largest traded oilfield services company, expects to beat last year's onshore drilling record as demand increases. Net income rose 34 percent in 2011 to $277 million after Eurasia drilled 4. (Bloomberg)
- The share of horizontal rigs drilling for dry gas is down to about 38 percent from 78 percent just two years ago, but the drop has not been reflected in pipeline flows, which are still estimated to be at or near record highs. (Reuters)
- A Japanese research vessel has set a record for undersea drilling, reaching a depth of 7740 metres. A vessel with the Japan Agency for Marine-Earth Science and Technology set the mark in waters off Honshu islands Miyagi Prefecture. (Big Pond)
- WASHINGTON - April 27 - On Saturday, concerned citizens will come together for "Polar Bear Uprisings" across the country and around the world to deliver a message to President Barack Obama – no drilling in the Polar Bear Seas this summer. (Common Dreams)
- By design it will whet a students appetite so they want to know more and the future course offerings will begin to drill down into more detailed treatment of some of the deeper subject matter. (Everything Alabama Blog)
- The Company is actively drilling new wells with three rigs in its Rantoul and Mississippian projects, and we presently expect to add an additional rig by the end of the month. (Yahoo Finance)
- Clearly, we are drilling — a lot. And clearly, our high rate of drilling has not lowered prices. Instead, near-record levels for drilling and gas prices have helped the big five oil companies earn a record $137 billion in profits in 2011. (Las Cruces Sun-News)
- Energy producers are deploying the most offshore rigs ever to meet record oil and gas demand, boosting charters for the ships that move them and returning Dockwise Ltd. (DOCK) and Fairstar (FAIR) Heavy Transport NV to profit. (Bloomberg)
Sunday, April 29, 2012
Drilling record
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