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Ensign Energy Snatches Up 35 Drilling Rigs Across Canada from Nabors Industries

Ensign Energy Snatches Up 35 Drilling Rigs Across Canada from Nabors Industries


Attachment: NaborsDrilling0621, NaborsEnsignDrilling0621

SUGAR LAND--June 25, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Oilfield services company Ensign Energy Services Incorporated (Calgary, Alberta) has agreed to acquire a fleet of 35 land-based drilling rigs across Canada from international drilling contractor Nabors Industries Limited (NYSE:NBR) (Hamilton, Bermuda). Ensign and Nabors provide rigs and other drilling services to exploration and production (E&P) companies across Canada, including ARC Resources Limited (TSX:ARX) (Calgary) and Canadian Natural Resources Limited (NYSE:CNQ) (Calgary). Industrial Info is tracking more than $900 million in active projects involving Ensign's services, as well as $6 billion in active projects involving Nabors worldwide--including more than $2.3 billion worth of contracted projects in Canada.

Within this article: Details on some of the highest-valued drilling projects featuring services from either or both Ensign and Nabors, including those for major E&P companies such as ARC Resources, Canadian Natural Resources, Birchcliff Energy Limited, Tourmaline Oil Corporation and Torxen Energy Limited.

Other companies featured: Precision Drilling Corporation (NYSE:PDS), DC Drilling Incorporated and AltaGas Limited (TSX:ALA).