The nationwide active rig
count was down one for the week ended Friday to 987, the lowest weekly rig
count since it fell to 984 for the week ended March 9, 2018.
In November 2018, it declared the closing of its Kuwait land drilling rigs
sale for USD123m in cash and an additional USD12m to be received in equal USD6 increments upon the delivery of two idle land drilling rigs
It can be a risky purchase if the history and maintenance of the drill rig
Minister of State for Mines and Steel Development, Honourable Abubakar Bwari, who performed the commissioning in Abuja, said the rigs
could go down to 1.5 kilometres, and could still do a lot of things apart from geological data.
For the quarter, they added 95 rigs
, the most since drillers added 105 rigs
in the first quarter of 2014.
"Asry's diversification into rig
repair has continually proven to be one of the yard's most perceptive moves, with its revenue cycle complementing ship repair's cycle," stated Asry's chairman of the board of directors, Shaikh Daij Bin Salman Al Khalifa.
"This milestone is especially encouraging considering the enormous pressure the rig
market is still under," added ASRY offshore services general manager, Rob Bryant.
The increased movement in rig
repair market comes on the heels of an uncertain 2015.
Besides, he said, OGDCL had eight rented rigs
operating at different oil and gas wells with contractors' own workforce and other resources.
Each author has apparently supplied his or her own photos and or illustrations, and they vary from great (diagrams of Foy rigs
in "Performer Flying" and illustrations of truss in "Lighting Truss") to non-existent (in "Outdoor Roof Structures").
The latest rig
was delivered to the client following the completion of the third and fourth rigs
, the "Qarnin" and the "Marawwah" respectively, earlier this year.
As soon as we began prefishing, the power of the umbrella rig