Roughneck Mag

Tag: Western Canada

10 Years Ago – PRECISION CHAMPIN’ AT DRILL BIT
10 Years Ago

10 Years Ago – PRECISION CHAMPIN’ AT DRILL BIT

SUNDAY, AUGUST 31, 2008 has been circled on calendars at Precision Drilling Trust for quite a long time. That’s the date when the non-compete agreement with Weatherford International Ltd. expires and Precision can pursue an international growth plan. It was about three years ago when Precision sold its considerable international business to Weatherford for $2.28billion…

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10 Years Ago – SICOTTE DRILLING & DIAMOND DRILL

SICOTTE DRILLING & DIAMOND DRILL – TOGETHER THEY PROVIDE COMPLETE ROLLERCONE & PDC SOLUTIONS Many large drill bit companies carry both rollercone and polycrystalline diamond compact (PDC) bits, but in a unique situation two small, independent companies are working together to provide integrated drilling solutions – from surface to TD. Sicotte Drilling Tools, Inc., which…

Truth + Consequences of ‘Real’ versus ‘Implied’ Liabilities of Abandoned Wells
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Truth + Consequences of ‘Real’ versus ‘Implied’ Liabilities of Abandoned Wells

By William Sattlegger, P. Geo.President, Foreshore Resources Ltd. The energy industry is faced with accrued environmental liabilities in part due to end of life reserves, subpar economics, and the culture of deferring well suspensions, abandonments, and site reclamations has resulted in an ever-increasing inventory of inactive wells across the Western Canadian Sedimentary Basin. This is…