Contract drillers suffer lower profits, lossesNabors has higher income this quarter compared to ’03; Transocean and GlobalSantaFe report lower net income; Grey Wolf, Parker Drilling post losses Ray Tyson Petroleum News Houston Correspondent
Contract drillers, while generally upbeat about the future, continued to struggle during the 2004 first quarter with diminished profits and losses.
Among the drilling companies reporting during the week ending April 30, big offshore drillers Transocean and GlobalSantaFe reported lower net income com....
[additional news subjects in this story]
Parker, Grey Wolf lose money with increased rig utilization GlobalSantaFe has profitable first quarter Transocean up on North Sea drilling program
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