Oklahoma's highest weekly rig
count in 2018 was 148 for the week ended Nov.
Currently, it has a fleet of 34 onshore drilling rigs
, 13 jack-up offshore drilling rigs
, a jack-up barge and a mobile offshore production unit that includes a floating storage and offloading unit.
Used Drill Rigs--When one finds themselves in the market for another drill rig
, the first question is whether to buy a new or used drill rig
THE Federal Government, on Monday, commissioned the two recently purchased N360 million state-of-the-art core drilling rigs
approved by the Federal Executive Council (FEC) for the collection of geological data, with a pledge to convince the National Assembly to approve more funds for the purchase of additional equipment.
US drillers in the third quarter added the most oil rigs
of any quarter since 2014, according to a closely followed report, but the pace of additions has slowed as crude holds below $50 a barrel despite Opec's first plan in eight years to cut output.
According to the company, 2016 has been a record year for Asry with the Bahrain-based group posting the highest number of rig
repair contracts in the yard's history.
This sentiment was echoed by ASRY acting chief executive Magdy Mustafa, who explained: "Even during market downturns, having multiple and diverse revenue streams provides more opportunities, as is being visibly demonstrated by our recent rig
"This milestone is especially encouraging considering the enormous pressure the rig
market is still under," said Asry offshore services general manager Rob Bryant.
The company-owned rigs
' drilling capacity is from 2,500 to 5,500 meters, which are almost 35 to 40 years old, the official said while talking to reporter.
That is probably nowhere more apparent than in the two that address aerial performers, "Performer Flying" and "Aerialist Rigging." While developing from different performance traditions (theatre and circus) and employing different specialized hardware, both traditions share the unique issues of performer safety, dynamic loading, and safety factors that are different from flying an inanimate truss rig
or a piece of scenery.
The contract for the "Shuwehat" rig
was signed in April 2012 and this is the fifth in a series of eight rigs
with the LeTourneau Super 116E (Enhanced) Class design which are being built and delivered by Lamprell to NDC.
My first exposure to the power of the umbrella rig
came at the 2013 National Championship of The Bass Federation (TBF) at Grand Lake O' the Cherokees in Oklahoma.