Ensign Energy Services Inc. (ESVIF) Research

Ensign Energy Services Inc., along with its affiliated entities, delivers a comprehensive array of oilfield services to the crude oil and natural gas industries across Canada, the United States, and other international markets. The company's diverse offerings include conventional drilling for shallow, intermediate, and deep wells, alongside highly specialized techniques such as horizontal, underbalanced, horizontal re-entry, and slant drilling, particularly for steam-assisted gravity drainage (SAGD) applications. They also provide coring and specialized oil sands drilling services for both mining and hydrocarbon sectors, as well as directional drilling for conventional and horizontal projects. Beyond drilling, Ensign offers a full suite of well services, encompassing everything from shallow to deep well completions, abandonments, and production workovers, to routine bottom hole pump changes for oil and gas producers. Their advanced interactive pressure drilling services utilize self-contained systems, featuring integrated nitrogen generation and compression equipment, along with precise surface control mechanisms. To further support industry operations, Ensign provides an extensive range of equipment rentals essential for drilling and completions, including drill strings, loaders, tanks, pumps, rig mattings, blow-out preventers, waste bins, and wastewater treatment units. Additionally, the company offers transportation services. As of December 31, 2021, Ensign maintained a significant operational fleet, comprising 262 land drilling rigs, 21 specialized coring rigs, and 100 well servicing rigs. Founded in 1987, the company's headquarters are located in Calgary, Canada.

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