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.

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Ensign Energy Services Inc

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Post by Volkommon May 25, 2022 9:55am

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Post# 34706073

Rig Count

Ensign looks pretty attractive right now, especially with their US exposure.

One thing I am skeptical about is how many rigs they can potentially deploy. With the amount they have on the sidelines, and how the market dynamics are, I don't think there's any way they could ever deploy them all.

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