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Nabors Industries Ltd. (NBR)

On Feb 9: 22.29 USD  Up 0.76 (3.53%)  
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Nabors Industries Ltd.
Mintflower Place
8 Par-La-Ville Road
Hamilton,  HM 08
Phone: 441-292-1510
Fax: 441-292-1334
Web Site: http://www.nabors.com

DETAILS
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Employees (last reported count): 22,992

BUSINESS SUMMARY
Nabors Industries Ltd. operates as a land drilling contractor worldwide. It conducts oil, gas, and geothermal land drilling operations in the United States, Alaska, Canada, South America, Mexico, the Caribbean, the Middle East, the Far East, the Russian Federation, and Africa. The company also operates as a land well-servicing and workover contractor in the United States and Canada. In addition, Nabors Industries provides offshore platform workover and drilling rigs that offer well-servicing, workover, and drilling services. Further, the company offers a range of ancillary well-site services, including engineering, construction, maintenance, well logging, directional drilling, rig instrumentation, data collection, and other support services; and logistics services for onshore drilling in Canada using helicopters and fixed-winged aircraft. Additionally, it manufactures and leases or sells top drives for a range of drilling applications, directional drilling systems, rig instrumentation and data collection equipment, pipeline handling equipment, and rig reporting software. Nabors Industries also invests in oil and gas exploration, development, and production activities. As of December 31, 2008, its fleet consisted of approximately 528 land drilling rigs, 592 domestic and 171 international land workover and well-servicing rigs, 37 offshore platform rigs, 13 jack-up units, and 3 barge rigs, as well as various trucks and fluid hauling vehicles. The company was founded in 1968 and is based in Hamilton, Bermuda.
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    OFFICERS
      Pay Exercised
    Mr. Eugene M. Isenberg , 80
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    $ 59.58M $ 0
    Mr. Anthony G. Petrello , 55
    Deputy Chairman, Pres, Chief Operating Officer, Member of Technical & Safety Committee and Member of Exec. Committee
    $ 22.86M $ 0
    Mr. Mark D. Andrews CA, CFA, 37
    Corp. Sec.
    $ 230.00K $ 0
    Mr. R. Clark Wood , 38
    Principal Financial & Accounting Officer and Controller
    N/A N/A
    Mr. Dennis A. Smith ,
    Director of Corp. Devel. at Nabors Corp. Services Inc
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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