The shift to drilling horizontal laterals, especially in shale oil and gas plays in the US, has led companies often to use coiled tubing units for well completion and intervention work, concludes a ...

WASHINGTON, DC, Dec. 13-- A federally funded technology that could change the way oil and gas wells are drilled was successfully demonstrated in the US Midcontinent, the US Department of Energy said.

DUBLIN--(BUSINESS WIRE)--The "Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention Service (Well Completions & Mechanical Operations, Well Cleaning & Pumping Operations) ...

There are a number of problems that can develop in a producing well that can negatively affect operations, production and ultimately revenue generated, such as failure of mechanical equipment, changes ...

CALGARY, Alberta, Sept. 01, 2022 (GLOBE NEWSWIRE) -- STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce that its U.S. subsidiary, STEP Energy Services (USA) Ltd., has acquired ...

San Antonio-based Pioneer Drilling Co. said Tuesday that for about $110 million it acquired a Louisiana company that will augment the contract drilling services it offers. Pioneer paid cash for ...

Tubing has been a vital component of down-hole activity for several decades, as one of the main means of carrying out intervention operations from reservoir assessment, exploration well drilling and ...

Pune, April 10, 2023 (GLOBE NEWSWIRE) -- As per SNS Insider's report, the size of Coiled Tubing Market reached USD 2.79 billion in 2022, and it is projected to attain USD 4.03 billion by 2030, ...

The purchase includes 11 coiled tubing units and associated intellectual property from Xtreme for a total of C$205 million (US$163.3 million). Xtreme's Coiled Tubing Services segment includes ...

Rising well interventions and aged field redevelopment drive coiled tubing market, despite operational risks and technical limitations. Rising unconventional drilling and E&P activities are key ...