Tesco Corporation announced that Robert L. Kayl, the Company’s Vice President and Controller, has been named Senior Vice President and Chief Financial Officer effective July 2, 2008. Julio Quintana, TESCO’s President and Chief Executive Officer said, “Bob has played a key role at the Company since arriving in 2005; we are fortunate to have Bob as part of our TESCO team and confident...
Tesco Corporation today announced that it has entered into an equipment placement agreement with ENSCO Offshore Company to provide TESCO’s proprietary Casing Drive System(TM) (CDS(TM)) onto ENSCO’s offshore rigs. ENSCO Offshore Co., based in Broussard, Louisiana, is a full service drilling contractor operating in the Gulf of Mexico and South America. Under terms of the agreement TESCO and...
Tesco Corporation on Monday said that it successfully used its proprietary Casing Drilling technology to drill the first ever offshore well utilizing the combination of industry-standard rotary steerable systems coupled with Tesco’s retrievable Casing Drilling tools and processes. The well was drilled in three stages: –Two side by side 13 3/8″ strings were placed utilizing Tesco’s...