workover rig companies in oklahoma price

At R&R we provide workover rig services for the state of Oklahoma and surrounding states. Our goal as a leading oil and gas service company is to provide our customers with innovative, efficient and cost effective services. We strive to exceed client expectations and goals each and every time we rig up. We are the oil rig service provider you need to improve your completion and production operations!

Workover rigs, also known as Pulling units and the Workover, include many different rig types. With our 575 series rigs, we have the knowledge and power to complete your every job in a safe and timely manner.

There are many different rig solutions out there, R&R provides the best solutions for your workover operations! We are well known for our excellent customer service, equipment and knowledge of each and every service we provide. “One chance and our work speaks for itself!”

You will perform advanced hydraulic fracturing operations and assist in various aspects of the job including pre-job preparation, mobilization, rig up, on site…

Develops an understanding of all major rig components and the necessary servicing. Prior experience in oil field, heavy industry or construction is beneficial.

Previous experience as an Frac operator, coiled tubing, rig, oilfield, oil & gas, Oil and gas, energy, energy services, driving tractor trailers, well services,…

Previous experience as an Frac operator, coiled tubing, rig, oilfield, oil & gas, Oil and gas, energy, energy services, driving tractor trailers, well services,…

Previous experience as an Frac Equipment operator coiled tubing, rig, oilfield, oil & gas, Oil and gas, energy, energy services, driving tractor trailers, well…

Flowback Operator will rig up for Drill out operations. SR/ Lead operators will be evaluated, and rates will be determined based on flowback experience.

Previous experience as an Frac operator, coiled tubing, rig, oilfield, oil & gas, Oil and gas, energy, energy services, driving tractor trailers, well services,…

Develops an understanding of all major rig components and the necessary servicing. Prior experience in oil field, heavy industry or construction is beneficial.

Previous experience as an Frac Equipment operator coiled tubing, rig, oilfield, oil & gas, Oil and gas, energy, energy services, driving tractor trailers, well…

Previous experience as an Frac operator, coiled tubing, rig, oilfield, oil & gas, Oil and gas, energy, energy services, driving tractor trailers, well services,…

Previous experience as a carpenter, general laborer, roofer, landscaper, heavy equipment operator, construction, pipefitting, oil and gas, energy services,…

The Crew Worker, under the direction of the Rig Operator, performs activities and operates hand and power tools to perform maintenance and repairs to oil or gas…

Housing provided on rig or short distance from the rig, 12 hr shifts. Will be housed on drilling rig, or within a short distance to the rig, traveling.

You will perform advanced hydraulic fracturing operations and assist in various aspects of the job including pre-job preparation, mobilization, rig up, on site…

Previous experience as a carpenter, general laborer, roofer, landscaper, heavy equipment operator, construction, pipefitting, oil and gas, energy services,…

0-6+ months experience on a large oil and gas drilling rig. Bringing tools and equipment to rig floor. Observing equipment operations and events to recognize…

You will perform advanced hydraulic fracturing operations and assist in various aspects of the job including pre-job preparation, mobilization, rig up, on site…

Manages tools on the workover rig floor and assists in daily maintenance. May be responsible for working the floor or operating the rig when necessary.

Must have years of experience working multiple positions on an oil and gas drilling rig. General maintenance of drilling rig. Must be at least 18 years of age.

PREFERRED skill sets include: Torque Turn (CAM), CRT, Tong Operator, Crew Pusher, or previous oil & gas rig experience. High school diploma or GED preferred.

Maintains a safe working environment and reasonably clean and tidy rig floor area by picking up and storing all tools in their respective storage areas after…

You will be responsible for supporting field service operations for our MPD equipment and providing technical support to our clients on field locations across…

You will perform advanced hydraulic fracturing operations and assist in various aspects of the job including pre-job preparation, mobilization, rig up, on site…

Daily communication with the rig crew and supervising geologist from the oil company is expected. Field work allows you to learn the processes involved in…

Inspect main engines every tour for proper working order by checking the following: oil level, coolant, gauges, possible oil leaks, noise and vibrations and…

Coordinate all equipment and crew during rig-up/rig-down of each well. Must be able to rig-up, operate, and troubleshoot multi-well ESD systems, and assist with…

National Oilwell Varco (NOV) is a leading provider of technology, equipment, and services to the global oil and gas industry that supports customers’ full-field…

Must possess the ability to rig up, run, and rig down various components on a drilling rig. Rig up, run, and rig down various components on a drilling rig.

6 months of experience working on a well servicing rig preferred. Basic understanding and ability to operate rig equipment – slips, tongs and elevators.

Gordon Bros is an oilfield equipment company located in central Oklahoma, that has been in business since the 1970"s. We can create custom packages and perform modifications and repairs, as well as provide equipment locating. We provide our customers with additional expertise to aid in choosing the best products for their application. Our team has skill, experience and knowledge in everything from operating the brake handle to operating oil and gas wells. We Understand The Equipment Needs Of The Petroleum Industry.

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We are committed to total customer satisfaction, achieving excellence in our operations through continuous improvement, development and empowerment of our people, and providing a positive contribution to our community.

The land drilling market worldwide is structured primarily as a rental market, not a sales market, where land drilling companies lease their rigs to E&P companies for an agreed period of time – weeks, months, or years – at a day-rate. The rigs are then used to drill wells and execute the E&P’s drilling programs.

Drilling opportunities are analysed and explored in order, leaving a series of dry holes, until a discovery is made. It is rare for an E&P company to actually own the rigs which they operate, but there are some exceptions such as Chesapeake, who will purchase their own fleet of rigs.

Under these rental contracts, a turnkey cost is paid by an E&P business to a middleman. This includes an insurance premium, which is returned if nothing goes wrong, but may be lost if there are difficulties. Higher specification equipment commands a larger premium.

Investors require a minimum level of return for their investment dollars in drilling operations, and typically equate cost with risk. These turnkey drilling contracts may limit risk by guaranteeing a minimum number of wells that can be drilled with the rig. The contract will also outline how the rig can be used – including the pieces of equipment, when to change pieces, temperature and pressure tolerances and the weight of mud.

The International Association of Drilling Contractors (IADC) lists 547 members in the category of Land Drilling Contractors. According to Statista, the key US land drilling contractors are: Nabors Industries Ltd, Helmerich & Payne Inc, Patterson-UTI Energy Inc, Precision Drilling Corporation and Pioneer Energy Services Corp.

Nabors operates the world’s largest land drilling rig fleet, with around 500 rigs operating in over 25 countries – in almost every significant O&G basin on the planet. It also has the largest number of high-specification rigs (including new AC rigs and refurbished SCR rigs) and custom rigs, built to withstand challenging conditions such as extreme cold, desert and many complex shale plays.

Headquartered in Tulsa, Oklahoma, H&P is a global business with land operations across the US, as well as offshore operations in the Gulf of Mexico. It is engaged primarily in the drilling of O&G wells for E&P companies, and recognised for its innovative FlexRig technology.

Patterson-UTI operates land based drilling rigs, primarily in O&G producing regions of the continental US, and western Canada. The company also provides pressure pumping services to US E&P companies and specialist technology, notably pipe handling components, to drilling contractors globally.

Precision is an oilfield services company and Canada’s largest drilling rig contractor, with over 240 rigs in operation worldwide. The Company has two segments. The Contract Drilling Services segment operates its rigs in Canada, the United States and internationally. The Completion and Production Services segment provides completion and workover services and ancillary services to O&G E&P companies in Canada and the US.

Pioneer operates a modern fleet of more than 24 top performing drilling rigs throughout onshore O&G producing regions of the US and Colombia. The company also offers production services include well servicing, wireline, and coiled tubing services – supported by 100 well-servicing rigs, and more than 100 cased-hole, open-hole and offshore wireline units.

Together these five companies dominate the US rental market. Other smaller but prominent contractors include: Parker Drilling, Unit Corp, Independence Contract Drilling, Seventy Seven Energy, Schramm and Ensign Drilling. Beyond these players, the market is highly fractured, with many “mom & pop” style drillers.

In Texas, generally considered to be the centre of US land drilling, RigData reports that there are currently 678 active rigs – split between Helmerich & Payne (160), Patterson-UTI (85), Nabors (64), Precision Drilling (39) and 77 other drillers (330).

Most new onshore rigs, both drilling and work over rigs, are built by OEMs in China. In the US, the larger vertically integrated land drillers have in-house manufacturing operations, so they will outsource some equipment construction, but assemble the new rigs at their own facilities. The leading provider of US newbuild rigs is National Oilwell Varco.

The secondary market, where existing rigs are sold, is largely auction dominated with mostly older rigs changing hands. As a rule, the big land drillers do not sell their newbuild rigs, as each has their own flagship designs.

Axis is a completion and workover company built for today’s operators, as you shift into manufacturing mode while drilling ever-longer laterals. We’re advancing both goals through our core mission: optimizing completions.

For too long, well services has lagged other oil and gas sectors in innovation. Axis is changing that with integrated, data-driven services. New, purpose-engineered equipment. And a team that unites oilfield veterans with the next generation of crews and engineers through our leading-edge training culture.

Edmond-based Ranken Energy Corporation says it has managed to cut drilling costs thanks to its work with Dan D Drilling, another Oklahoma-based energy company.

Through a relationship with drilling contractor Dan D Drilling, Ranken stated it has successfully cut expenditure costs, primarily via minimizing days on the well and reducing the well site footprint afforded by the design of the Dan D Drilling rigs.

Additionally, there has been a decrease in the costs of trucking the drilling equipment to the well sites, thanks in part to the mobile type design of the rigs and also due to the strong business-to-business communication they’ve shared via their partnership according to an announcement by Ranken Energy.

Oil and gas investors understand the risks and complexities involved in the energy industry. Ranken Energy Corporation has a long track record of being one of the best at mastering that environment, being both fair and consistent in their operations, always available to their investors to answer questions, provide updates, and discuss future development plans.

Ranken Energy Corporation was formed, in June 1986, by Randolph L. Coy as a conservative oil and gas exploration and production company. The primary focus of the company is to develop and drill high-quality, proprietary 3D-supported, technically sound prospects.

Focusing operations in the south-central area of Oklahoma, Ranken Energy has several drilling programs available to its investors with combined estimated reserves of over 600,000 barrels of oil. Ranken has drilled over 350 wells and has distributed over $274 million USD net of severance taxes to their owners since 2001.

In 2020, the U.S. Energy Information Administration listed the state of Oklahoma as the fourth-largest producer of crude oil in the United States. The enormous reserves uncovered within the last 6 years have focused national attention on the South-Central Oklahoma Province, also known as the SCOOP, or the Golden Trend.

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Oklahoma has 101 oil rigs in operation, which is 39 fewer than this time last year and the lowest the state has had since March 2017. Journal Record editor Russell Ray discusses what this means for the state"s oil and gas industry.

Katelyn Howard:You"re listening to the Business Intelligence Report, a weekly conversation about business news in Oklahoma. I"m Katelyn Howard, and joining me is Russell Ray, editor of The Journal Record. This week, I"d like to discuss the current state of the oil and gas industry in Oklahoma in terms of rig counts and oil prices. A recent rig count from the oilfield service company Baker Hughes shows that over the last year, our state has had one of the highest drops in active rig counts. Your intern Christian Tabakwritesthat Oklahoma has 101 rigs in operation, which is 39 fewer than this time last year and the lowest the state has had since March 2017. Can you tell us more about what this means?

Russell Ray:Certainly. Well, at around $200 million worth of economic impact generated per rig per year for Oklahoma"s economy, the steady decline in rigs represents a very significant tax revenue loss for the oil and gas industry. Chad Warmington, who is the president of the Petroleum Alliance of Oklahoma, said the rig count is a very good indicator of the overall economic health of Oklahoma. And being down 40 rigs year-over-year is a pretty significant decline. Now nationally, the total active rig count is down 87 versus this time last year.

Ray:Well, Warmington said legislators have focused on the year-over-year growth in the commodity price and production, but have really failed to take into consideration the importance of rig activity. Warmington also said the Legislature and state government doesn"t really have a way to account for the lost revenue because they"re just seeing the gross production data and the tax data.

Ray:That"s right. The price for light, sweet crude is currently hovering at around $54 a barrel. That"s down from $75 back in October. As prices increase or decrease, oil and gas executives are continually evaluating whether or not it is economical to continue to drill and produce wells. Warmington said drilling activity is driven primarily by market prices. State taxes and regulation are an additional factor that Warmington said plays a role in whether oil companies launch a rig in Oklahoma or another state. As long as prices remain low, a decline in drilling activity should be expected.

Ray:Yes, that"s right. Gas prices in Oklahoma are averaging $2.45 a gallon, ranging from $2.72 in Coal and Woods counties to $2.31 a gallon in Tulsa County. According AAA, gas prices are declining nationwide with gas averaging $2.73 nationally. A full 18 cents cheaper than the same time last year, according to AAA.

Howard:And in the article, Warmington is quoted saying that cheap oil isn"t good for Oklahoma due to the economic benefits of drilling for it, but what are the positives of lower oil prices?

Ray:Well while lower, Mark Madeja, a AAA senior specialist in public and government affairs for Oklahoma, said such gas prices can contribute to the economy by encouraging more Oklahomans to take weekend trips or increase their their summer driving. Conversely, it also has a negative impact by reducing revenue in the state"s oil and gas industry.

Howard:KGOU and The Journal Record collaborate each week on the Business Intelligence Report. You can follow us both on social media. We"re on Facebook, Instagram and Twitter: @JournalRecord and @kgounews. You"ll find links to the stories we discussed during this episode at JournalRecord.com. And this conversation, along with previous episodes of the Business Intelligence Report, are available on our website, KGOU.org. While you"re there, you can check out other features and podcasts produced by KGOU and our StateImpact reporting team. For KGOU and the Business Intelligence Report, I"m Katelyn Howard.

As a community-supported news organization, KGOU relies on contributions from readers and listeners to fulfill its mission of public service to Oklahoma and beyond. Donate online, or by contacting our Membership department.

The Journal Record is a multi-faceted media company specializing in business, legislative and legal news. Print and online content is available via subscription.

Our unique application of the Hybrid Drilling rig irrefutably dominates the previous standard for horizontal drilling completions. Hybrid Drilling"s innovative operations greatly save time and money while reducing job site incidents.

Having decades of experience in the oilfields, Hybrid’s founders recognized the inherent dangers associated with hands-on operations. They sought the opportunity to move away from predominantly manual operations of a traditional workover rig to a labor-saving one. Their economically-conscious belief of increasing efficiencies and decreasing risk to yield the best possible outcomes is evident throughout the Hybrid completion unit. Engineered for consistent and improved overall performance, the Hybrid Drilling completion unit’s reliability prevails regardless of the varying parameters by which it must operate.

Sooner Completions, Inc. is one of Oklahoma"s oldest well service companies. For 76 years, Sooner has consistently delivered a high level of workover and well service quality that exploration and production companies across the State of Oklahoma have grown to trust.

​Sooner offers a complete line of completion, workover, and well services to E&P companies operating in the SCOOP, Stack, Mississippi Lime, Granite Wash and Arkoma Basin oilfields.

Our corporate goal and mission is to exceed our customer"s expectations by delivering high quality well services that reduce well downtime and lease operating expense.

That is why we operate a well maintained and modern rig fleet from field offices located inside the busiest shale plays in Oklahoma. Our 300, 400, and 500 series rigs are strategically deployed to reduce moving costs, and are operated by seasoned rig crews who know how to balance safety with efficiency.

In order to achieve this goal, we have implemented a series of safety policies and procedures to increase safety awareness and focus on eliminating accidents, injuries, and incidents within our workplace. Our employees undergo random drug testing and receive ongoing training throughout the year by our certified safety managers.

​Through measurement, review, root cause analysis, and safety incentive programs, our EH&S programs are designed to institutionalize specific safety and environmental practices.