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News & Insights
Nabors Industries Announces Agreement to Acquire Parker Wellbore
HAMILTON, Bermuda, Oct. 15, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) and Parker Wellbore ("Parker") today announced a definitive agreement under which Nabors will acquire all of Parker's issued and outstanding common shares in exchange for...
On the Rise: Drilling Contractors Ramp Deployments of Nabors Automation Technology
Automating drilling activities deliver consistent and repeatable outcomes, ultimately enabling safer, more efficient and responsible operations. For many drilling contractors pursuing automation, collaboration is essential. Those without in-house technology or the...
Pushing Boundaries: How Nabors is Setting the PACE for Longer Laterals
Successfully drilling extended reach laterals requires the right combination of people, rig equipment and technologies. Average lateral lengths in the Permian Basin more than doubled from 3,870 feet in 2010 to 10,064 feet in 2020. Today, some operators with the...
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