franks workover rig pricelist

Well Service | Workover Rigs - WELL SERVICE RIG - FRANKS 1287-160-DTD-HT D/D Well Service Unit p/b DETROIT 8V-71N Diesel Eng, ALLISON CBT-4460-1 Trans. SERVICE KING 96" 180,000# Hydraulically Raised & ... More Info

Well Service | Workover Rigs - FRANKS 300 D/D 1287 w/hydromatic brake, Well Service Unit p/b DETROIT 8V-71 Diesel Eng, ALLISON 750 Trans, (Reman Dec 2011) FRANKS 96’H 150,000# Tri-Scope Telescopin... More Info

Well Service | Workover Rigs - FRANKS 658 D/D Well Service Unit p/b CAT 3406 Diesel Eng, ALLISON HT-750 Trans, FRANKS 96’H 180,000# 4-Leg Telescoping Mast, Hydraulically Raised & Scoped w/4-Sheave... More Info

Well Service | Workover Rigs - FRANKS 658 D/D Well Service Unit p/b Series 60 Detroit Diesel Eng, ALLISON 5860 Trans, 102’H 225,000# (on 4 line) Telescoping Mast, Hydraulically Raised & Scoped, Db... More Info

Franks Double Drum back-in Wellservice/Workover unit. Lebus Grooved for drill line & sand line w / line type weight indicator, air clutches & controls and McCormick 300,000 lb weight indicator. 10,000′ New sand line.Tongs included, no tools.

Mast:Franks 84’ 4-leg mast, 120,000 lb. Static hook load, hydraulically raised & scoped w/(2) raising rams, (5) sheaves, crown safety platform, and double tubing board, rod board, ladder, guy lines and adjustable working platform.

Carrier: All above mounted Franks tandem axle front, tandem rear carrier, Detroit 8V92 diesel engine w/ electric start, radiator, gauges, hydraulic pump, Allison 5964 6 speed transmission, single man cab, tool boxes, hydraulic reservoir, water tank, air receiver tank, (2) 100 gallon fuel tanks, (2) hydraulic leveling jacks, hydraulic winch, Hercules 118 deadline anchor, folding walkways, safety rails, stairs, 65R22.5 front tires & 12R22.5 rear tires.

Also ask me about my entire supply line of other oil patch equipment, New, Used and Surplus, Mud Systems, Vessels, Casing, Tubing, Swivel Rotary, Rods, Gas Turbines, Steel and Fiberglass Production Tanks, Backhoes, PumpJacks, Rods CNG Compression Packages, Tongs, Swivel Joints, Heavy Equipment, Drilling and Workover Rigs, Construction! Do you have any oilfield equipment that you seek to market? I Get Quality Oilfield New, Used and Surplus Equipment.

The 844 TD-HD Workover Rig by Franks has a 3/4″ Tubing Line, Air Clutches and is powered by a Detroit Diesel 6V71 Motor & Allison CLT 4460 transmission.  The 844 TD-HD Workover Rig is in excellent working condition, has a current OK Tag and clean Title.

Franks 844 TD-HT draw works with   3/4″ Tubing Line. New Air Clutches have been added to the draw works and it is powered by a Detroit Diesel 6V71 Motor & Allison CLT 4460 transmission.

Performance proven main drum draw works assemblies are modular construction for versatile rig assembly. Designed to allow maximum parts interchangeability and easy add-on features to customize this for your specific operation.

Franks 300 D.D. powered by a Detroit Series 60 with a HT 750 Allison transmission mounted on a Franks four axle carrier with a Franks 96 ft .. 215,000 lb. capacity derrick. This rig is equipped with an adjustable driller and work platform system up to 17 ft., hydromatic, hydraulic jacks, winch, B.O.P. controls.

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?

Mast: Franks 84’ 4-leg mast, 120,000 lb. Static hook load, hydraulically raised & scoped w/(2) raising rams, (5) sheaves, crown safety platform, and double tubing board, rod board, ladder, guy lines and adjustable working platform.

Carrier: All above mounted Franks tandem axle front, tandem rear carrier, rebuilt military surplus Detroit 8V71 turbo charged diesel engine w/ electric start, radiator, gauges, hydraulic pump, Allison 4460 transmission, single man cab, tool boxes, hydraulic reservoir, water tank, air receiver tank, (2) 100 gallon fuel tanks, (2) hydraulic leveling jacks, hydraulic winch, Hercules 118 deadline anchor, folding walkways, safety rails, stairs, 65R22.5 front tires & 12.00R22.5 rear tires.

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Manufactured 1983, 70" x 120,000# non telescoping stiff mast, double drum 26 x 8, Detroit 6V71 diesel engine, 740 Allison transmission with Spicer power divider, mounted on 4 axle carrier.  Rig runs and truck d...

Derrick fell onto rig when being raised, derrick would need to be replaced or repaired.  Built 1981, double drum, 42 x 12, 42 x 8, swab drum removed from jack shaft, 5-axle back in carrier, 250,000# derrick wi...