HOUSTON, TEXAS (By Caturus, 25.Sep.2025, Words: 221) — Caturus Energy, a natural gas-focused exploration and production company producing over 650 million cubic feet of net gas equivalent per day and over 200,000 Tier 1 net acres in South Texas, announced a multi-year contract with Nabors Industries for the PACE-X Ultra™ X33 rig, […]
Tag: Nabors Industries Ltd.
Nabors reports 2Q:25 results, operating revenues of $833mn
HAMILTON, BERMUDA (By Nabors, 29.Jul.2025, Words: 653) — Nabors Industries Ltd. reported second quarter 2025 operating revenues of $833 million, compared to operating revenues of $736 million in the first quarter. Net loss attributable to Nabors shareholders for the quarter was $31 million, compared to net income of $33 million in the first quarter. This equates to […]
SANAD to start 3 additional newbuild rigs in the remainder of 2025
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 29.Apr.2025) — Nabors Industries Ltd., through its 50/50 joint venture in Saudi Aramco Nabors Drilling Company (SANAD) with Saudi Aramco, expects 3 newbuild rigs to commence operations during the balance of 2025. This, after SANAD began operating its tenth newbuild rig during […]
Nabors Reports 3Q:24 Results, Updates on Saudi Arabia (PDF Downloads)
(Nabors, 22.Oct.2024) — Nabors Industries Ltd. reported third quarter 2024 operating revenues of $732mn, compared to operating revenues of $735mn in the second quarter. The net loss attributable to Nabors shareholders for the quarter was $56mn, compared to a net loss of $32mn in the second quarter. This equates to […]
Vista and Nabors to Deploy Third Drilling Rig to Vaca Muerta
(Vista, 6.May.2024) — Vista Energy (NYSE: VIST) and Nabors Industries (NYSE: NBR) announced today the official signing of the contract to add a third drilling rig, aiming to accelerate Vista´s development of Vaca Muerta in southern Argentina. The signing occurred at Nabors’ offices in Houston, with the participation of Juan […]
Nabors Reveals 1Q:24 Results
(Nabors, 24.Apr.2024) — Nabors Industries Ltd. (NYSE: NBR) reported first quarter 2024 operating revenues of $734mn, compared to operating revenues of $726mn in the fourth quarter of 2023. The net loss attributable to Nabors shareholders for the quarter was $34mn, compared to a net loss of $17mn in the fourth quarter. This equates to a loss of $4.54 per diluted share, […]
SLB and Nabors to Scale Automation Solutions
(Nabors, 12.Jan.2024) — SLB (NYSE: SLB) and Nabors Industries (NYSE: NBR) announced a collaboration to scale the adoption of automated drilling solutions for oil and gas operators and drilling contractors. The agreement will enable customers to seamlessly integrate the companies’ drilling automation applications and rig operating systems to deliver improved […]
Nabors Completes Business Combination Between NETC
(Nabors, 19.Dec.2023) — Nabors Industries Ltd. (NYSE: NBR) issued the following statement from Chairman, President and CEO Anthony G. Petrello regarding the closing of the previously announced business combination between Nabors Energy Transition Corporation (NETC), the special purpose acquisition company (SPAC) sponsored by Nabors, and Vast Renewables Limited. The combined company now trades […]
Nabors Reports 3Q:23 Results
(Nabors, 25.Oct.2023) — Nabors Industries Ltd. (NYSE: NBR) reported third quarter 2023 operating revenues of $734mn, compared to operating revenues of $767mn in the second quarter. The net loss attributable to Nabors shareholders for the quarter was $49mn, compared to net income of $5mn in the second quarter. This equates to a loss of $6.26 per diluted share, compared […]
Nabors Industries Reports 1Q:23 Revenues of $779mn
(Nabors, 24.Apr.2023) — Nabors Industries Ltd. (NYSE: NBR) today reported first quarter 2023 operating revenues of $779mn, an increase of 2.5%, compared to operating revenues of $760mn in the fourth quarter of 2022. The net income attributable to Nabors shareholders for the quarter was $49mn, or $4.11 per diluted share. This compares to a loss of $69mn, or $7.87 per […]
Nabors Announces Fourth Quarter 2022 Results
(Nabors, 7.Feb.2023) — Nabors Industries Ltd. (NYSE: NBR) today reported fourth quarter 2022 operating revenues of $760mn, an increase of approximately 10%, compared to operating revenues of $694 million in the third quarter of 2022. The net loss attributable to Nabors shareholders for the quarter was $69mn, or $7.87 per share. This compares to a loss of $14mn, […]
Nabors Reports 2Q:21 Results
(Nabors, 27.Jul.2021) — Nabors Industries Ltd. (NYSE: NBR) reported second quarter 2021 operating revenues of $489mn, compared to operating revenues of $461mn in the first quarter of 2021. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $196mn, or $26.59 per share. The second […]