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Archer (Archer) Receipts from Government Grants


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What is Archer Receipts from Government Grants?

Receipts from Government Grants only applicable to companies reporting Cash Flow from Operations in direct method.


Archer (Archer) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archer Ltd (OTCPK:ARHVF) » Definitions » Receipts from Government Grants
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Address
Sandnesveien 358, Sandnes, NOR, 4312
Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging and integrity management tools. The reporting segments of the company are Platform Operations, Well Services and Land Drilling. Majority of revenue is derived from Platform Operations segment. Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.