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 ...

UK-listed Leni Gas & Oil said a second workover rig has started operating at the company’s Goudron oilfield in Trinidad. This follows the company’s announcement last week that it planned to install 30 ...

HOUSTON--(BUSINESS WIRE)-- Ranger Energy Services, Inc. (RNGR) (“Ranger” or the “Company”) today announced the development of the industry’s first Hybrid Double Electric Workover Rig. This innovation ...

There’s one more small sign hinting at the recovery of the oil industry, says Lynn Helms, the state’s director of mineral resources. Workover rigs. Helms said the workover rigs, which maintain ...

Equinor has contracted Archer, in partnership with SLB, to handle plug and abandonment operations for the Titan platform.

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 ...

As announced on January 17 th, 2024, the Company has contracted Braserv SPT-129 workover rig. The rig arrived on location ahead of schedule on January 24 th, 2024. As of December 31, 2022 effective ...

Rival providers of platform workover rigs are vying for a contract with OMV in New Zealand for the Maari oilfield development project, writes Russell Searancke. OMV expects there to be a need for ...

SJ-01 successfully completed ahead of schedule and under budget adding an additional 32.2 meters of oil pay in the Tutoia formation. SJ-01 initial production rate of 303 barrels of oil per day ("bopd" ...