Key Energy to sell land drilling operations to Patterson UTI Energy
Key Energy plans to sell its land drilling division for 62 million to Patterson UTI Energy Inc. The deal covers 25 active rigs and 10 stacked rigs across the Permian Basin, San Juan Basin and Rocky Mountain regions. The sale, expected next month after antitrust review, will use proceeds to repay debts and fund working capital, with about 600 Key employees potentially affected.
MENTIONED IN THIS ARTICLE
Midland
Patterson Uti Energy Inc
Key
Permian Basin
San Juan Basin
Rocky Mountain
John Vollmer
Patterson Uti
Vollmer
John Daniel
Dick Alario
Alario
Permian
Bill would increase border patrol numbers
Congress passes intelligence overhaul that nearly doubles Border Patrol agents to 21,000 over five years and adds 4,000 Immigration and Customs agents by 2010 plus 40,000 detention beds for illegal aliens. House Republicans seek the removal of driver license access for illegal immigrants to curb terrorist activity.
MENTIONED IN THIS ARTICLE
Washington
Congress
House
United States
Bush
Border Patrol
Immigration and Customs
House Judiciary Committee
James Sensenbrenner
Census reveals quirk filled American life in 2002 2003
The Census Bureau's Statistical Abstract of the United States highlights daily habits and trends from 2001 to 2003. Americans drive about 21,200 miles yearly, consume 31 pounds of cheese per person, and 29 million join health clubs. The report notes average cell phone calls last 2.87 minutes and monthly bills average 49.91 dollars. West home prices median at 234,200 while national median is 170,000. Obesity and overweight rates remain high with 58 percent above healthy weight and 23 percent obese. Multiple facts from government and private sources illustrate diverse life in America.
MENTIONED IN THIS ARTICLE
Washington
New York
Los Angeles
Census Bureau
United States
America
Glenn King
Bureau
West
Drivers in the typical U.S. 4d travel frames ratio rise
The report states that drivers in the typical U.S. four door vehicle logged 21 150 frames in 2001, up from 15 100 miles in 109 cents.
MENTIONED IN THIS ARTICLE
U.S
Texas officials order State Farm to seek rate approval
State Farm must continue to obtain prior state approval for home owner rate changes in Texas after regulators found overcharging concerns. The order makes State Farm the sole insurer in the state subject to this requirement, with the company disputing the claims and evaluating the order.
MENTIONED IN THIS ARTICLE
Texas
Austin State Farm
Texas Department of Insurance
State Farm
Sophie Harbert
Aare
Also Mentioned on This Page
Key Energy To Sell Drilling Division
Cindera Nealyjodessa
Permian High School
Shawn Bell
Black Magic Choir
Temple Baptist Auditorium
Hinds West
OPEC
Salvation Army
10Th St
Fourth St
THE
Associated Press
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