According to Volza's Global Import data, World imported 18,450 shipments of Drilling Rig from China during Mar 2023 to Feb 2024 (TTM). These imports were supplied by 1,388 China exporters to 1,391 World buyers, marking a growth rate of 78% compared to the preceding twelve months.
[pdf] One of the most significant advancements to reduce costs for drilling multiple horizontal wells from a single surface location or pad is the “walking” rig. A walking rig is self-propelled because it can move short distances (10 metres) without being disassembled and with pipe in the derrick.
[pdf] Designed long-reach horizontal pad drilling applications for either shale gas or tight oil, walking rigs cut drilling costs by spending much more time making hole and much less moving (rig up and tear down), picking up and laying down drill strings and tools, and mixing different batches of drilling mud and cleaning mud tanks for drilling various wellbore sections.
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