How big is Parker Drilling Company's rig?

Standing 156 feet tall, not including a tattered American flag flapping atop the mast, Parker Drilling Company's rig has some impressive credentials. The $12 million rig weighs about 5 million pounds. It is capable of drilling 10 miles into the earth's crust.

Is Parker Drilling's Rig 201 the world's deepest-capacity drilling rig?

Parker Drilling Co.'s flagship Rig 201, the world's deepest-capacity land drilling rig, has been signed up for another "super deep" natural gas venture in the deep Anadarko Basin of western Oklahoma.

How deep can Rig 201 drill?

Rig 201, capable of drilling to 50,000 feet, almost 10 miles deep, is considered the flagship of Parker's fleet of 147 land drilling rigs. Spudding of the well will take place about Oct. 1 and is expected to be the deepest drilling operation in the United States since Parker drilled a well to almost 30,000 feet in Elk City in the early 1980s.

Is Parker Drilling's deepest-drilling rig going back to work?

Parker Drilling Co.'s deepest-drilling and most expensive rig, No. 201, is going back to work after nearly five years in mothballs. The $12 million rig, rated one of the world's largest, has a contract to drill a 28,500-foot well in Beckham County.

What is Rig 201?

Rig 201 is the structure that for more than 20 months towered along Interstate 40 in Elk City. The unit provided many interstate travelers their first close view of a working oil rig. The 30,000-foot Elk City bore hole turned out to be one of the costliest dry holes in Oklahoma history.

What is Parker's most expensive rig?

Parker's most expensive rig, No. 201 went back to work a year ago in the Anadarko Basin after nearly five years in mothballs. Rated one of the world's largest rigs, 201 was dedicated at Parker's Oklahoma City yard on June 1, 1981, by James Edwards, then U.S. energy secretary.