workover rig blocks pricelist

Welcome to Pickett Oilfield’s traveling blocks & hooks web page. Our company has been in the oil & gas drilling equipment industry for over 38 years, supplying new and used traveling blocks and traveling equipment to customers in practically every producing region in the world. We are here to serve all your drilling equipment needs – if you don’t see it on this site, just give us a call or email. We can get it, if you need it!

Pickett Oilfield, LLC offers prospective buyers and extensive selection of quality new and used oil & gas drilling equipment, including traveling blocks & hooks to choose from at competitive prices. Browse our inventory of traveling blocks and traveling equipment for sale at competitive rates.

Explore the various traveling blocks for drilling rigs products available for wholesale at Alibaba.com. Get a traveling blocks for drilling rigs for drilling water wells, water exploration holes, geological exploration, coal mines, and other kinds of mining. Some traveling blocks for drilling rigs options use caterpillar tread to move. Others use rubber tires, while others require a separate means of transport. Caterpillar tread propulsion can climb up to 25 degrees inclination. Some products in the range are capable of drilling over 200 meters, while others are only used for open-pit mining with depths of around 3 meters. Drilling can be done vertically downwards, horizontally, or in a slanting direction. Drilling speed depends on the power of the machine and the general hardness of the surface. The hole diameter can vary from 90mm to 200mm.

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Smaller products have a lifting power of around 25 kilonewtons and weigh about 2,500kgs. They’re ideal for small-scale drillings such as farms and homes. Larger ones are faster with more power, making them ideal for commercial use. Browse through Alibaba.com and find a traveling blocks for drilling rigs that’s ideal for your work scope. Buy mine drilling rigs for your wholesale business at competitive prices. Chinese wholesalers provide you with customization options and great after-sales services.

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Workover Rig is available for both onshore as well as offshore Workover purposes at affordable prices. There are a number of companies that manufacture the Workover Rig as well as Rig packages that are required for different kinds of drilling jobs and meet the standards that have been set by the American Petroleum Institute or the API. The Rig packages are shipped worldwide. The rigs are included other than the simple Workover and they include the following:

Workover Rig is known as the Workover the different types of rigs include the offshore and onshore Rig that range from 150 horsepower to 1000 horsepower. Workover rigs have a surface depth that is equipped with diesel engines and transmissions and is available from 8000 ft to 30000 ft. Workover rigs contain a full line of drilling packages. Rig takes into account the skid mounted drilling rigs and the ones that are trailer mounted. Workover skid mounted drilling rigs incorporate the diesel-electric AC/VFD or the DC/SCR drive rigs, mechanical drive rigs and the combination drive Rig that ranges from 1000 horsepower to 6000 horsepower; while the trailer mounted Rig ranges from 450 horsepower to 1000 horsepower.

A lot of Workover Rig uses the double telescopic mast with the help of a single mast and is operated by wide wheel base axels, high strength steel beam, low cross section tires, dual pipeline brakes as well as hydraulic assist steering for the Workover. Rig mast is a double section type and uses a telescopic mast for dual safety protection. The gear shift and throttle of the engine can be remote controlled.

Workover types of Rig are available in the form of the single drum as well as the double drum. The groove ensures the alignment of in place as well as for long life. The optional Workover accessories for the auxiliary brakes include air thrust disc type clutch, brakes for the braking of the main drum, forced water circulating cooling with the brake rims as well as the optional brakes. Workover rigs are centrally controlled with electricity. The other kinds of drilling equipment include drilling equipment, triplex mud pumps, well control equipment; solids control equipment, oil control tubular goods and quality equipment. Work over rigs run casing tools and clean outs inside and outside a hole already drilled.

drilling rigs, drilling rig components, drilling rig packages, drilling equipment,and top drives meet the industry standards established by the American Petroleum Institute (API). As a global supplier of quality oilfield equipment to the oil and gas industry, we ship our products around the world.

Besides drilling rigs, top drives and drilling equipment, we supply onshore and offshore workover rigs, triplex mud pumps, blowout preventers, BOP control systems, solids control equipment, oil country tubular goods, etc. Please visit our company website

We supply a full line of drilling rig packages: skid-mounted drilling rigs, truck-mounted drilling rigs and trailer-mounted drilling rigs. Our skid-mounted drilling rigs include diesel electric AC/VFD or DC/SCR drive rigs, mechanical drive rigs, and combination drive rigs, from 1,000 HP to 6,000 HP. Our truck-mounted drilling rigs range from 450 HP to 1,000 HP.

We sell a full line of API certified drilling rig components including masts, substructures, drawworks, crown blocks, traveling blocks, hooks, hook blocks, swivels, rotary tables, and top drives. The rated load of our AC/VFD drive top drives is from 190 tons to 1,000 tons.

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The bulk of the projected annual rise - 1.13 million bpd - comes from the Permian Basin, the top U.S. shale field that has propelled the United States to an energy powerhouse. There were 332 oil rigs drilling there last week, the most since April 2020.

"U.S. oil prices are $30 to $40 per barrel higher" than late last year and "rig counts are becoming more responsive" to that price movement, said AJ O"Donnell, a director at East Daley Capital.

Compared to oil"s gains, U.S. rig count increases so far look "anemic," said Tim Roberson, co-founder of Texas Standard Oil, pointing to spending restraints, investor cash going to renewable energy and industry supply-chain problems.

Hess Corp (HES.N) recently said it would strongly consider moving up the timeline for adding a fourth rig to its North Dakota operations if prices remain elevated.

Snubbing units have evolved into one of the most capable and efficient well servicing tools in the oil & gas industry. In the 1920"s, the need for a rig to work with pressures at surface drove the invention of the snubbing unit. The first snubbing unit was primarily designed to work in well control situations to "snub" drill pipe and or casing into, or out of, a well bore when conventional well killing methods could not be used. The first snubbing unit relied on the draw works of the companion rig to supply its" power. A series of sheaves, cables and counter weights were rigged up so that as the rig"s traveling blocks hoisted up, the snubbing unit would snub in the hole. Conversely, when the traveling blocks on the rig were lowered, the snubbing unit would snub out of the hole. As you can imagine, this required close communication with several different contractors in order to perform the work safely and efficiently.

Today"s snubbing units can be employed to provide a wide range of services. In essence, a snubbing unit is a hydraulic rig that can do everything a rig can do, plus it can perform under pressure in an under balanced live well state. This is especially critical to the operators in the Haynesville Shale, which is known for HPHT wells. With the use of the snubbing units" hydraulic rotary, the unit can be employed for fishing, milling, drilling, side tracking or any task needed to remove bridge plugs, cement or deepen wells.

The industry has become more aware of damages caused by heavy kill weight fluids and mud. This has helped make snubbing units more popular in a completion and workover role, versus its" traditional use as a well control response tool. With the advances in drilling technologies in the unconventional shale market, the benefits of snubbing units have become very apparent. These types of completions often have laterals extending out thousands of feet. With costly stimulations used to help extract the gas more efficiently, operators often times do not wish to turn around and load the well with heavy fluids to complete the well dead.

In conclusion, with the snubbing unit"s size, ability to handle pressure, rotary capabilities, rigidity of jointed tubing and minimal wall contact, snubbing units have become the chosen resource for these types of completions.

Among Survey Participants:Rig Demand Down QTQ [See Question 1 on Statistical Review]. Seven of the eight respondents said that demand had dropped in 1Q15 vs 4Q14 and all but one blamed lower oil prices for the slowing. One respondent that had seen a slowdown in demand said it was because they had finished all of their completion work. The respondent who had not seen an effect on demand said that their work was steady, but they were hearing of others slowing down.Mid-Tier Well Service Manager: “We are seeing demand slow for rigs and prices are being reduced. Operators are asking for 20% reductions, some are asking for 30% and they may get it. The greater reductions will be from people who are local because they don"t have the overhead expense. The service won’t be as good. On average, operators may get 15% of that 30% they are seeking in reductions.”

Number of Rigs Sufficient [See Question 2 on Statistical Review]. Six of the eight respondents said that the workover rig inventory is excessive for the current demand, while two said that it is sufficient but tipping toward excessive.Mid-Tier Operator: “Operators here are basically focusing on the higher production wells and going to ignore the lower ones. We have heard companies are laying down workover rigs. One company is going from 17 to 13.”

Well Service Work Weighted Toward Standard Workovers and Routine Maintenance [See Question 3 on Statistical Review]. Among all respondents, standard workover work accounts for 34% on average, routine maintenance accounts for 34%, plug and abandonment (P&A) accounts for 16% and completion work accounts for 16%.Mid-Tier Well Service Manager: “Our work slowed because we finished our completion work so the client gave us some production work to keep us steady till we finish this fracking job.”

Hourly Rates Consistent Among HP Series [See Question 5 on Statistical Review]. Most workover rig horsepower falls within the range of the 500 series. The 500 HP hourly rates average $310 to $400/hour depending on what ancillary equipment is contracted. See Table II for Average Hourly Rates.

Hart Energy researchers completed interviews with nine industry participants in the workover/well service segment in areas of the Rocky Mountains outside of the Bakken Shale play. Participants included one oil and gas operator and seven managers with well service companies. Interviews were conducted during January 2015.

3. Looking at your slate of well service work - on a percentage basis - how much of it is workover vs. routine maintenance vs. plug & abandonment (P&A) vs. completion work?

Since January, the US oil and gas industry has returned nearly 150 drilling rigs to the field in a steady build that has been accompanied by gains in well-drilling and completions. In the week ended July 20, the US rig count was estimated at 855 or its highest since late 2019, according to data from Enverus.

88 Energy drilled the Merlin-2 appraisal well in Alaska. The well, drilled by the 600 HP, Doyon Drilling owned, Arctic Fox drilling rig, targeted 652 million barrels of oil in the N18, N19 and N20 targets (Brookian Nanushuk formation) encountered by the Merlin-1 well. However, during testing the well failed to produced hydrocarbons and will now be plugged and abandoned.

China’s upstream watchdog, the Ministry of Natural Resources (MNR) announced an auction for two shale gas blocks in South-western China’s Guangxi region, known as Luzhai and Liuchengbei. The 201 sq km Luzhai block has a starting price for bids of $284,425 (1.81 million yuan), increasing by $15,713 (100,000 yuan) for each increment. The smaller, 122 sq km Liuchengbei block meanwhile has a starting price of $174,418 (1.11 million yuan). Both blocks are being offered on a five-year exploration lease, with multiple 5-year optional extensions, however each extension will require relinquishing 25% of the block back to the government.

Novatek subsidiary, Obsky Gas Chemistry Complex (GCC), announced intentions to push ahead with Russia’s first blue ammonia project by stepping up exploration plans for three recently acquire licenses in the Yamal Peninsula, West Siberia. The Obsky, Neytinsky and Arktichesky blocks lie south of the Yamal LNG project operated by Novatek. Obsky GCC plans to drill two exploration wells on the Obsky block during 2022. The first well will target traditional sandstone reservoirs to a depth of 1,750 metres while the second well will be confirmed pending the results of the first exploration well. The operator also plans to drill two Yamal Peninsula wildcats at the Neytinsky and Arktichesky blocks, aiming to test the presence of hydrocarbons to a depth of 2,400 metres.

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The number of drilling rigs operating nationally climbed by 22 to 635 this week, according to oil field services company firm Baker Hughes. Energy companies have added 238 rigs over the past year, a 60 percent from 397 during the same week in 2021.

The jump in rig count confirms that oil companies are following through on plans to increase spending on oil and gas projects, a shift from recent strategies to limit spending on new projects to satisfy investors seeking higher profits. Last year, for example, oil giants such as Exxon Mobil and Chevron remained restrained even as oil prices rebounded above $85 from $48 a barrel last year, funneling the cash to boost dividends, repurchase shares and pay down debt instead of drilling new wells and boosting production.

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