Tesco Corporation Reports Record Revenues for Q1 2008 5/1/2008 6:54:00 PM - HOUSTON, May 1 /CNW/ - Tesco Corporation ("TESCO" or the "Company") today
reported net income for the quarter ended March 31, 2008 of $10.7 million, or
$0.29 per diluted share.
CASING DRILLING® Eliminates Non–productive Time (NPT) CS # 060626-CD Economics
Operator selected TESCO CASING DRILLING® based on economics and the potential to eliminate the NPT that accompanies conventional straight practice rotary drilling in this area. This operator has used CASING DRILLING® previously with excellent results, and has eliminated NPT in similar intervals. Utilizing CASING DRILLING® also eliminates the need for handling large diameter drillstring components, as well as the need for high mud circulation rates associated with large open hole sizes. Improved hole quality is a priority to facilitate a better cement jobs.
