parts of a workover rig pricelist

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.

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A quick search for oil drilling rigs spare parts from wholesalers online is a great way to find replacement parts for other buyers. Oil drilling rigs spare parts are also available from a number of wholesalers online. For instance, C2D oil drilling rigs spare parts and clutch disbements are often available.

Buy wholesale oil drilling rigs spare parts from a wide range of suppliers on Alibaba.com. Oil drilling rigs spare parts and accessories are available when you buy from a wide range of wholesalers. The wide variety of oil drilling rigs spare parts and accessories are available when you buy from a wide range of wholesale oil drilling rigs suppliers. Alibaba.com offers a wide variety of oil drilling rigs spare parts and accessories from a wide range of suppliers. Oil drilling rigs spare parts and accessories are available for you and your customers. From oil-based drilling rigs with spare parts and accessories at a great price point, you can source a great variety of oil drilling rigs at Alibaba.com. The wide range of oil drilling rigs spare parts and accessories are available at a great price. Find different suppliers and suppliers on Alibaba.com. Oil drilling rigs spare.

Used drilling rigs spare parts are often available for used drilling rigs as replacement parts. It is important to know that these used drilling rigs are replacement parts for many. Be it after the manufacturer of dred rigs, oil well drilling rigs no longer have to be purchased and used as a part of the industry. Spare Parts Unfortunately is not a chance for many used drilling rigs spare Parts Unfortunately, it is hard to know that oil drill rigs no longer have to be used for many used drilling rigs are spare parts from the wholesalers. Areas that are sold from the manufacturer of dred rigs are also available from the wholesalers. Depending on the manufacturer of Dred Rigs and Specifications, it is important to know that oil drilling rigs have spare parts that are not suitable for used drilling rigs.

Oil drilling rigs are essential parts of many industries. Are you looking for oil drilling rigs spare parts? Oil drilling rigs spare parts like engine and capacitors are avoided when you buy oil drilling rigs with spare Parts Are You Sharper"s oil drilling rigs are essential parts of the industry. Are you looking for replacement parts for oil drilling rigs with spare parts? These in factensive drilling rigs are made with engine and capacitors, Alibaba.com"s oil drilling rigs spare parts are a must-have for business. You can find engine and tanks for oil drilling rigs with spare parts for many other types of oil drilling rigs, such as engine, piston, and capacitors are rely on to replace them. Are you looking for replacement parts for oil drilling rigs with spare parts? The wide range of oil drilling r.

Some parts that you supply can last a longer time. Spare parts are supplyed directly to the wear and tear of the engine. Other parts, such as torch and fuel, are essential to know the engine and the engine. Spare Parts Often a good quality parts is made for quality drilling rigs, which have a long-lasting life.

There are two types of oil drilling rigs: deep water drilling and deep well drilling. Deep water drilling rigs are deep water drilling rigs and deep well drilling rigs. These drilling rigs are mobile water drilling rigs that are built with high-perure components and are used to make different choices. The deep well drilling rigs are deep water drilling rigs with long beam bore, and deep well drilling rigs. These drilling rigs are deep water drilling rigs and are open water drilling rigs. The deep water drilling rigs are open water drilling rigs, which are made with high-performance components and are used as well. On drilling rigs are deep water drilling rigs, deep water drilling rigs and deep water drilling rigs.

What is the Torque Oil Drill Stabilizer? As the name suggests, there are three types of torque Oil Drilling Stabilizers: Thequeque Oil Drilling Stabilizers The torque oil drilling Stabilizer class produces two types of torque oil drill stabilizers. The two types of torque oil drilling stabilizers are designed to increase the torque of the fuel in the drill system. The torque fuel drill stabilizer class is a class of drill drill that utilizes the drill force as well. The amount of torque fuel in the drill stabilizer class is the same as the other types of oil drill stabilizers. These types of drill drill stabilizers are designed to utilize the torque of the drill drill. The amount of torque fuel used in the drill is discharged with a series of dischargeions. These types of drill drill stabilizers.

There are two types of oil drilling rigs for each client: hydraulic drilling rigs and on-site drilling rigs. These are drilling rigs that are used for off-road work, as well as for off-road work in the construction industry. hydraulic drilling rigs are the most common types of oil drilling rigs and they are used to place on the construction site.

Compound gear box is used to distribute power from drilling and workover rig engines to each power output end. According to practical needs, it can combine two engines into a integrity or control the...

Telescoping cylinder is also known as telescopic hydro-cylinder. It has great advantage over any other type of cylinder: it is capable of providing an exceptionally long stroke from a compact initial...

During well drilling process, the oilfield transmission is an important unit used to transfer the power from DC motor to the rotary table. Rotary table transmission can drive rotary table forward...

Hydraulic brake is used to provide hydraulic pressure to the service calipers and the emergency calipers, allowing the operator to easily maintain smooth and precise block movement. This hydro disc...

Block hook is a necessary equipment used for workovers. Main parameters of the traveling blocks and hooks are maximum hook load, pulley quantity, diameter of pulley groove, diameter of the main hook...

In oil well stimulation, transfer cases are widely used to drive the winch, rotary table, chassis and many other devices and truck parts. With transfer cases, the winch and rotary table can work both...

Right angle gear box (angle gearbox) transfers torque through a pair of bevel gears, each of which is perpendicular to the other. A transmission shaft is utilized to connect the power input shaft...

Chain drive case is an assembly of gearbox and chain drive transfer case. The gearbox inside can rotate both clockwise and anticlockwise, which endows the rotary table with ten gear shafts: five...

Workover rigs and workover rig packages are our specialty. We supply different kinds of workover rigs, drilling and workover rig packages including onshore and offshore workover rigs at very competitive prices. All of our workover rigs, onshore and offshore drilling workover rig packages meet the industry standards established by the American Petroleum Institute (API). As a global supplier of quality workover rigs to the oil and gas industry, we ship our workover rig packages around the world.

Besides workover rigs, we supply drilling rigs, top drives, triplex mud pumps, blowout preventers, BOP control systems, solids control equipment, oil country tubular goods, etc.

Our product line includes offshore and onshore workover rigs, which range from 150 HP to 1,000 HP. The service depth of our workover rigs usually equipped with Caterpillar diesel engines and Allison transmissions is from 8,000 ft to 30,000 ft. 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.

The commodity price downturn is prompting price reductions among well service contractors in the greater Rockies outside the Williston Basin. In mid-January 2015, service providers report rates down about 10% quarter-to-quarter, similar to reports elsewhere in the oil patch as operators push the service sector for cost reduction. Meanwhile, larger service providers worry about further rate cutting from local, privately-held contractors. Rate reductions have not yet translated to reduction in wages for hands, although expectations are that pricing is going to drop further on the basis of lower commodity prices.

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.

No New Competition [See Question 7 on Statistical Review]. All respondents said that competition had not increased QTQ, and they were not anticipating it would, given lower oil prices.Mid-Tier Well Service Manager: “We worry about the small local companies undercutting prices but we are not seeing anything now.”

2015 Rates Under Pressure [See Question 8 on Statistical Review]. Five of the eight respondents said 2015 would see further reductions in demand and hourly rates and even labor rates if the price of oil did not rise. One respondent said that “iron would start laying down” if oil prices did not rise. One respondent said he expects that work demand would come back up after a couple of months as everyone adjusted.Manager for Mid-Tier Well Service Company: “As a company, we have backed off our growth budget for 2015 and our capex has been nixed. We implemented a 10% reduction in our rates. We are just going to lower rates not wages, because we can buy equipment and leave it sit, but if you do that with people, they starve.”

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?

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Since 1999, Rig Tool Products has been serving the Drilling and Well Servicing community to meet the demand for products that exceed industry standards. Our many years of experience in manufacturing have given us the knowledge to meet these demands, allowing us to produce quality parts at affordable prices.

Rig Tool Products offers many consumable parts for name brand handling tools in today’s marketplace. Our specializations include tong dies, slip inserts, tubing spiders, manual slips, power tong parts, elevators, manual tong parts, rubber products, brake blocks, brake rims and brake bands. Through precise engineering, our goods have the ability to interchange with OEM tools such as Varco, Baash Ross, Woolley, Guiberson, Cavins, Foster, BJ, Oil Country and many more.

With multiple manufacturing facilities, we have allowed ourselves the opportunity to expand our product lines as well as increase our inventory, giving us the ability to meet your needs when you need it most. As Rig Tool Products continues to expand our global presence, our company and employees remain dedicated to the standard of service and parts we’ve come to be known for!

Our Customers are a vital part of our growth. Should you have any suggestions or concerns, please feel free to let us know. We look forward to serving the industry needs and helping your company reach their ultimate goals.

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.

Oil rig equipment is expensive due to the size and operations carried out by such large machinery. Purchasing a newly constructed drill rig is a huge investment.

As such, you’ll want to be sure you have the right expectations before you begin searching for one to complete your assignment. This article will discuss just what a drill rig does and the estimated costs involved in the drilling process.

As one of the industry leaders, TAFS assists trucking companies to increase cash flow with some of the lowest factoring rates in the industry and 1-Hour Advance option.

When you need a machine powerful enough to bore through the earth’s crust to retrieve minerals, gas, or any other natural resources, a drill rig will get the job done. Each rig is designed for the environment they’re operating in and the product being extracted. Those two factors greatly affect the cost of the rig you’re looking to purchase.

A standard land rig with 1,500 to 1,700 horsepower will cost between $14 million and $25 million to own. An offshore oil rig cost is much higher, starting at $20 million and going as high as $1 billion. Owning your drill rig will save you money in the long run, especially when considering the daily cost of operations.

Your daily rate depends on the rig type, distance from shore, drilling depth, and water depth. Onshore drilling rates range from $200,000 to $310,000 each day. Offshore drilling can cost between $600,000 to $800,000 per day.

Several factors impact the oil rig cost, including construction, including materials, market conditions, equipment prices, and more. We’ll cover the basics, so you have a realistic expectation when searching for a rig price.

Cost and demand go hand-in-hand. When there is a high demand for building new rigs, the cost rises because a limited number of shipyards can provide the service.

For example, in the early 2000s, there wasn’t a demand for new rig construction, so rates were low. In the mid-2000s, demand increased, and prices rose, but after the 2008 recession, demand decreased. But the prices didn’t drop significantly as the recession wasn’t expected to last long.

The materials used in making a drill rig are a key component in construction costs. The material used most, steel, comes in various strengths, and the stronger the steel, the higher it’s priced. When steel prices are low, rigs will be cheaper to produce; when steel prices rise, so do the costs of the rigs.

Concrete is another material that will raise production costs. It’s often used in environments containing salt water as a way of avoiding corrosion and rusting. Concrete usually costs about 7% to 10% more than steel.

The cost of additional services needed for constructing wells will begin to add up. Phone bills and fees for transferring data are part of your communication cost. For those working offshore, rig positioning will be another fee.

The cementing equipment and engineer have to be paid for their services also. Other services are wire line logging, drilling measurement, mud engineering, downhole motors, mud logging, and surveying the hole.

There are two types of oil rigs, jackups, and floaters. Floaters aren’t attached to or resting on the seafloor. Jackups have support legs that allow the rig to be raised or lowered. Each type has different equipment to assist with the drilling process.

The engines, generators, cranes, and other oil rig components are purchased from a third party and assembled by the rig builder. Non-drilling related equipment is about 30% to 60% of the total cost.

Since most of the parts used are made from steel, the fluctuations in the steel market will influence the rig’s price. Demand for the additional equipment to fit on the rig will also play a part in costs.

Where your rig is built impacts the labor costs, which affect the price of the drill rig. It’s estimated that labor is 10% to 15% of the total cost of the rig is built internationally. While the U.S. and Korea have similar costs, Singapore charges three times less.

Each dollar spent on labor in the U.S. generates $3 in revenue, while in Singapore and South Korea, every dollar generates $7 to $10 in revenue. Since labor costs are typically lower internationally, the cost of your rig won’t be as high.

Always expect and prepare for the unexpected by setting aside a portion of the budget for allowances. Once you start drilling, you can’t be sure what you’re going to find, and variances in the geological structure could require different equipment and delay the process. Both of these instances will increase the cost of the rig being used.

Preparing an area for drilling can mean building roads to the site. These roads need to support heavy machinery and can take 15 to 20 days to build. Preparation also varies based on the environment.

Marshes, land, and offshore drilling all have their own preparation needs. It can take several weeks before drilling can begin, and each day spent getting the site ready comes with a hefty cost.

The drilling depth and well complexity are primary cost influencers. Once the drill rig is moved into position, it can take a team of 30 to 40 companies to complete the process. Costs can easily top $4 million during the drilling phase and take about three weeks to finish.

Positioning drilling rigs isn’t an easy task. It takes 3 to 5 days to move in and assemble a rig for well digging. Once the job is complete, the rig has to be disassembled and moved again. Rates hover between $100,000 and $350,000 depending on how far the rig is being transported.

The oil industry is very lucrative, and the machines used to drill for the resource are not cheap. Oil rigs are heavy-duty machines needed to reach extreme depths.

The harsh environments they’re in demand that they are built with the best materials available. If you need a drill rig, it’s important to keep in mind all the factors that contribute to the cost of the equipment so you can budget correctly.

The Workover Rigs market will remain attractive over the forecast period owing to rising consumption of petroleum products. As a result, the Exploration and Production (E&P) located globally will increase their investment due to increasing demand and positive outlook of the oil and gas market.

The ongoing rise in oil prices can be regarded as new phase for the companies operating in the sector. Adding to this, the participants are looking to attain growth through domestic and international expansion as well as adding new production related services. As Workover Rigs providers play important role in the production operation making them key segment in the reviving upstream sector and hold massive share in the overall spending of the companies.

Moreover, the investment from government as well as private sector in the drilling activities is also expected to rise and surge in shale gas production is expected to fuel the growth of the Workover Rigs market in the coming years. The oversupply of Workover Rigs in the cyclical oil & gas market is one of the major restraint to the market.

However, the industry has recovered successfully from the recent oil price crisis and industry outlook will remain positive in the coming years. One of the major trend in the market will use of environment friendly Workover Rigs. The government authorities are directing energy companies to decrease carbon footprint that will shift the focus of the companies towards use of components that run renewable energy in the coming years.

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World Petroleum Supply, Inc. located in Conroe, Texas is only minutes north of Houston. Houston is one of the large hubs for oilfield tools and equipment offered on the market today. World Petroleum Supply now has four stocking locations in Texas including: Houston, Odessa, Kilgore, and Pleasanton. Currently, WPSI stocks over $10,000,000 in all locations around the globe for efficiency and deliverability. Together with the top OEM Partners in the industry, we can supply you with what you need, when you need it. World Petroleum Supply, Inc. offers an International stocking point to save time shipping across the globe. Learn more.

LONDON, Feb 25 (Reuters) - Prominent business leaders in the U.S. shale industry have been proselytising about their newfound commitment to restricting output growth to protect prices and profit margins.

But the rate of new drilling and production is climbing in response to rising prices ― albeit more slowly than during the frenzied growth of the first (2009–2014) and second (2016–2019) shale booms.

Nearly 80 weeks after hitting a cyclical low, the number of rigs drilling for oil has risen by 348 (an average of 4.4 per week), according to data from oilfield services company Baker Hughes.

The rise compares with increases of 433 (5.5 per week) and 584 (7.4 per week) at the same point after the last two cyclical lows in 2016 and 2009 respectively.

As a result, onshore production from the Lower 48 states rose in six of the seven months between May 2021 and November 2021, the most recent month for which production statistics are available.

Onshore production was rising at an annual rate of roughly 630,000 barrels per day (bpd) at the end of 2021, according to the U.S. Energy Information Administration.

The agency predicts a similar increase of 630,000 bpd by the end of 2022 and a slightly slower one of 470,000 bpd by the end of 2023 (“Short-term energy outlook”, EIA, Feb. 8).

Output is increasing much more slowly, only a quarter to a third as fast, as at height of the last boom in 2018, when onshore production was increasing by as much as 1.8 million bpd over twelve months.

In that sense, shale industry leaders are being true to their word, increasing the number of new wells and production more slowly than before to protect prices and profit margins and return capital to shareholders.

But the industry’s commitment to limiting investment is being tested as prices continue rising to levels that are well above the long-term average after adjusting for inflation.

Shale drilling has become much more efficient since horizontal drilling and hydraulic fracturing techniques began to be widely applied to oil-rich plays at the start of the last decade.

In the short run, however, drilling exhibits diminishing marginal returns during an upswing; additional rigs add smaller increments to output as they are deployed to less promising sites with less experienced crews using older equipment.

Current rig counts cannot usefully be compared with those five let alone ten years ago, but short-term changes in the rig count can provide a useful directional indicator for output changes over the next 12 months.

The explanation is that it takes four-to-five months for producers to see if price changes will be sustained before deciding to alter the drilling programme, contract with drilling firms, wait for rigs to arrive on site, set up and begin boring.

On average, it will take another six months for wells being drilled at present to be fractured, completed, hooked up to gathering systems and enter commercial production, which should keep output rising through at least August.

Since September–October, however, prices have risen by another $10–15 per barrel which will ensure the number of rigs keeps rising throughout the second quarter, and production climbs faster through the end of the year.

The rapid escalation in spot prices and severe backwardation in futures is signalling the urgent need for more crude to meet strong consumption growth as the economy rebounds after the pandemic-driven recession.

U.S. oil producers are starting to respond by increasing their drilling programmes in the core shale plays of Texas and more marginal ones elsewhere, which should improve oil availability later this year and especially in 2023.

Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

John Kemp is a senior market analyst specializing in oil and energy systems. Before joining Reuters in 2008, he was a trading analyst at Sempra Commodities, now part of JPMorgan, and an economic analyst at Oxford Analytica. His interests include all aspects of energy technology, history, diplomacy, derivative markets, risk management, policy and transitions.

Step aboard a retired oil rig at the Ocean Star Offshore Drilling Rig Museum in Galveston. This unique museum and learning center tells the story of the Gulf Coast"s oil and gas industry through three floors of interactive displays and fascinating exhibits.

Hours of operation and admission prices for the Ocean Star Offshore Drilling Rig Museum in Galveston are listed below. You"ll also find information on tours and Family Day events.

The Ocean Star Offshore Drilling Rig Museum is available for weddings, corporate conferences, luncheons, dinners, and family reunions. Overnight Camp is also offered on the fourth Friday or fourth Saturday of each month for groups of 17 or more.

The museum is set up to be a self-guided facility; some people, however, desire a more in-depth learning experience. Printed guide books that contain exhibit photos and in-depth information on the museum’s displays are available for purchase and make for a great educational souvenir. Audio guide units may be rented for $5. The hand-held devices contain recorded tracks that correspond with museum exhibits and are available in English, Spanish, and French.

The second Saturday of each month is Family Day. From 10 a.m. to 3 p.m., special events for children focus on a theme related to the offshore oil industry. Kids learn about the process of drilling for oil, equipment on the oil rig, and products derived from hydrocarbons. Demonstrations and hands-on activities provide fun for kids as they learn scientific concepts pertaining to the world around them. Parents are encouraged to get involved as well, creating a great family learning experience. Children younger than 18 years are admitted for free with a paying chaperone.