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Tag: 0014000000TlVHrAAN

Rig Churn and the U.S. Land Drilling Squeeze: Insights from Nabors Q1 2025 Earnings

May 1, 2025 Author: phinds Category: Oil & Gas News

Nabors Industries (NYSE: NBR) kicked off 2025 with a modest revenue uptick and a return to profitability, but behind the headline numbers lies a critical challenge facing the U.S. land drilling sector: rig churn. Drilling activity in Q1 2025 declined by nearly 12% compared to the same period in 2024.

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Nabors Industries Announces Preliminary Q2 2024 Operating Results

July 20, 2024 Author: phinds Category: Oil & Gas News

Nabors Industries Ltd. (NYSE: NBR) (“Nabors” or “the Company”) today announced preliminary operating results for the second quarter ended June 30, 2024, showcasing ongoing international expansion and stable U.S. market activity and pricing.

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Nabors Industries Rig Locator (US)

April 8, 2023 Author: phinds Category: Rig Locator

Nabors Industries (NYSE: NBR) is a leading provider of advanced drilling rig technology for the energy industry they operate 110 rigs in the United States. Nabors is the #3 drilling contractor.

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