Apr 2, 2025 | Insights, Technology
Argentina’s Vaca Muerta region is experiencing a surge in oil production, driven by government incentives, operator investments, and technological advancements. Nabors is at the forefront of this growth, supporting the region’s development with advanced...
Mar 12, 2025 | News Release, Technology
HAMILTON, Bermuda, March 12, 2025 /PRNewswire/ — Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today announced the closing of its acquisition of Parker Wellbore (“Parker”), advancing Nabors’ leadership...
Feb 18, 2025 | Insights, Technology
Nabors Industries Ltd. (“Nabors”) and Professional Directional Enterprises, Inc. (“ProDirectional”) are excited to announce a strategic collaboration to advance the adoption of automated steering technologies in drilling operations. By combining Nabors’ expertise in...
Feb 12, 2025 | News Release, Technology
HAMILTON, Bermuda, February 12, 2025 /PRNewswire/ — Nabors Industries Ltd. (NYSE: NBR, “Nabors”) today issued the following statement regarding the entry into a business combination agreement between the special purpose acquisition company Nabors formed in 2023,...
Dec 17, 2024 | Insights, Technology
Nabors and eDrilling are joining forces to enhance drilling performance, reliability and efficiency through the use of artificial intelligence (AI) and rig automation. At the center of the collaboration is eDrilling’s AI agent, Ida, which is engineered to tackle the...
Dec 10, 2024 | Insights, Transition
e2Companies (the “Company”), a leading provider of integrated solutions for on-site power generation, distribution and energy cost-optimization, today announced a strategic collaboration with Nabors Industries Ltd. (NYSE: NBR, “Nabors”), one of the world’s largest...
Dec 6, 2024 | Insights, Technology
Predictive Drilling and Canrig® Sigma Top Drive were selected as winners of the 2024 Special Meritorious Awards for Engineering Innovation (MEAs) in the Machine Learning and AI and Onshore Rigs categories, respectively. The MEA program honors 18 groundbreaking...
Oct 15, 2024 | News Release, Technology
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...
Sep 2, 2024 | Insights, 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...
Aug 20, 2024 | Insights, Technology
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...