Where can I find used drilling rigs?

You’ve reached the new home of DM series rigs engineered specifically for water well and geothermal contractors. Welcome to the “Used Drill Rigs” section of the Geoprobe ® website. This is a free service we offer for listing used drilling rigs for sale and other drilling equipment.

What is a drill rig?

In the simplest terms, a drill rig, also called a “drilling rig” or just “rig,” is a machine or equipment that’s used to create holes, or “wellbores,” in the earth’s surface in order to drill for oil, natural gas, water, or other resources.

How many drilling rigs are there in Texas?

For the week ending Feb 5, 2021, Texas added an additional 7 rigs to its count. That brought the total Texas rig count to179 drilling rigs operating in the state. Although Texas rigs are increasing, they're still not close to last year's count when the state operated 394 rigs (a delta of 205 rigs).

Who owns the most horizontal drilling rigs in Texas?

Tulsa-based Helmerich & Payne is the top drilling rig operator in Texas with 117 horizontal rigs deployed across the state. Some 368 horizontal drilling rigs are in operation in Texas, and more than half of them belong to three drilling companies.

How many oil rigs are there in Texas?

Although Texas rigs are increasing, they're still not close to last year's count when the state operated 394 rigs (a delta of 205 rigs). Most of the growth was concentrated in the Permian basin in Southwest Texas. That is where oil fields are being re-drilled using modern day drilling techniques, like fracking.

Who is the top drilling rig operator in Texas?

Tulsa-based Helmerich & Payne is the top drilling rig operator in Texas with 117 horizontal rigs deployed across the state. With some 32 horizontal drilling rigs in operation at oil leases across the state, Tulsa-based Helmerich & Payne is the top drililng rig operator in Texas, exclusive figures from the Austin oilfield data firm Enverus show.