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Ensign Energy Services Inc T.ESI

Alternate Symbol(s):  ESVIF

Energy Oil & Gas Drilling
Ensign Energy Services Inc. is a technologically advanced oilfield service provider. It provides oilfield services to the oil and natural gas industry in Canada, the United States and internationally. Its services include drilling, directional drilling, well servicing and rental equipment. Its well services include well completion and re-completions, well abandonment, production workovers, downhole pump servicing and/or replacement, well sidetracking and deepening, fishing and swabbing operations, and corod injection. It offers a comprehensive range of resolutions, customized to meet the needs of its customers, including advanced drilling systems, automation technologies, directional drilling tools, and environmental innovations. Its ASR 150 is a fully automated service rig that eliminates all manual manipulation of tubulars from the pipe rack to the make-up of a connection, reducing the number of personnel on the rig floor. It offers pressure testing, tool rentals or torque wrenches.


TSX:ESI - Post by User

Ensign Energy Services Inc > 2022 oilpatch drilling
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Comment by Possibleidiot01on Nov 23, 2021 2:35pm
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Post# 34158260

RE:RE:RE:2022 oilpatch drilling

RE:RE:RE:2022 oilpatch drillingEstimates increased further.


Estimates further increased.

 

Oil well drilling set to rise more than 25% in 2022: Industry group

The Canadian Press

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CALGARY - An oil industry group says it expects the number of wells drilled in Canada to increase in 2022.

The Canadian Association of Energy Contractors says it is projecting 6,457 wells for 2022, an increase of 1,363, or more than 25 per cent, from 2021.

Activity in the oilpatch is picking up as COVID-19 restrictions ease globally and energy consumption returns to pre-pandemic levels.

Natural gas and oil pricing is higher than it has been since 2014.

However, the industry group says many drilling companies are facing labour shortages that are hampering the sector's ability to meet growing demand.
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