About Ratings for precision drilling rig inventory
Precision Drilling inventory from 2010 to 2025. Inventory can be defined as the total value of inventories in all stages of completion.
Precision Drilling inventory from 2010 to 2025. Inventory can be defined as the total value of inventories in all stages of completion.
Precision Drilling inventory from 2010 to 2025. Inventory can be defined as the total value of inventories in all stages of completion. Precision Drilling Corporation is an oilfield services company. The Company provides contract drilling, well servicing and strategic support services to the oil.
Fitch Ratings - Chicago - 23 Apr 2025: Fitch Ratings has affirmed Precision Drilling Corporation's (Precision) Long-Term Issuer Default Rating at 'BB-'. Fitch has also affirmed Precision's senior unsecured notes ratings at 'BB-' with a Recovery Rating of 'RR4' and the senior secured revolver rating.
Precision Drilling’s Super Single is redefining the single rig category by challenging its rig class through unmatched performance, power, mobility, and versatility. The Super Single exceeds performance standards by offering highly automated features designed to improve operational efficiency.
This page provides resources to help locate rigs in the US. It also provides links too websites that track rig counts in North America. Oilgasleads.com provides a free weekly email summary of rig counts and locations in the US and Canada. Complete the form to get your free weekly email rig reports.
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The Drill Source database of drill rigs suitable for Reverse Circulation, Down Hole Hammer, Diamond Core, Sonic, Geothermal, Geotechnical, CSG, Environmental, Oil and Gas, Water Well, Mineral Exploration, RAB, Air Core and Blast Hole Drilling requirements. Our inventory of listing allows customers.
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6 FAQs about [Ratings for precision drilling rig inventory]
Who is Precision Drilling?
PRECISION DRILLING Rig Locator, s ource for rig availability and current location information Precision is a top drilling company in US has a reputation for operating safely, lowering customer risks and costs, developing people, generating financial growth and attracting investment.
Where are precision drilling rigs used?
These rigs are used in both onshore and offshore drilling operations. Geographic Presence: While Precision Drilling is based in Calgary, Alberta, Canada, it operates globally, with a significant focus on the North American market. The company has a presence in key oil and gas regions in Canada, the United States, and internationally.
Who is precision rigs?
Precision is an OFS company that owns and operates a fleet of 214 onshore drilling rigs and 170 well service rigs in Canada, the U.S. and internationally, mainly in the Middle East. The principal sources of information used in the analysis are described in the Applicable Criteria.
What are the two segments of Precision Drilling Services?
Precision’s operations are reported in two segments: Contract Drilling Services, which includes our drilling rig, oilfield supply and manufacturing divisions; and Completion and Production Services, which includes our service rig, rental and camp and catering divisions. SEGMENT REVIEW OF CONTRACT DRILLING SERVICES
Is Precision Drilling Corporation a good stock to buy?
Fitch Ratings - Chicago - 23 Apr 2025: Fitch Ratings has affirmed Precision Drilling Corporation's (Precision) Long-Term Issuer Default Rating at 'BB-'. Fitch has also affirmed Precision's senior unsecured notes ratings at 'BB-' with a Recovery Rating of 'RR4' and the senior secured revolver rating at 'BB+'/'RR1'. The Rating Outlook is Stable.
Is precision a good rig contractor?
Precision's closest industry peer is Nabors Industries, Ltd. (Nabors; B-/Stable), which is also an onshore rig contractor with exposure to U.S. and international markets. Precision has lower leverage metrics and a much less significant maturity wall than Nabors, which drives the difference in ratings.