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Tag: 0014000000Jyf5yAAB

Precision Drilling – U.S. drilling activity decreased significantly

April 26, 2024 Author: phinds Category: Oil & Gas News

In the first quarter of 2024, the Precision Drilling revenue declined to $528 million from $559 million due to reduced U.S. drilling activity, while adjusted EBITDA also fell to $143 million from $203 million, impacted by higher share-based compensation charges.

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Precision Drilling USA Rig Locator

April 22, 2023 Author: phinds Category: Rig Locator

Precision is the #4 drilling contractor by number with 125 active drilling rigs in North America.

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