Nabors chief takes pay cut after stocks plunge

Nabors Industries Ltd. driller Zach Omeara uses a metal rod to listen to the internal operation of a drilling fluid circulation pump during a walk-through of a Nabors crude oil drill rig contracted by Fidelity Exploration & Production Company, a subsidiary of MDU Resources Group Inc., outside New Town, North Dakota, U.S., on Saturday, Feb. 11, 2012.  Photographer: Daniel Acker/Bloomberg
Nabors Industries Ltd. driller Zach Omeara uses a metal rod to listen to the internal operation of a drilling fluid circulation pump during a walk-through of a Nabors crude oil drill rig contracted by Fidelity Exploration & Production Company, a subsidiary of MDU Resources Group Inc., outside New Town, North Dakota, U.S., on Saturday, Feb. 11, 2012. Photographer: Daniel Acker/Bloomberg

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