In its fleet status report issued this week the company has said it is preparing the rig for cold stacking, meaning the rig will be idled, crew let go, and all the hatches welded, cutting the costs to a minimum.
[pdf] Predator Drilling Inc.’s fleet is well suited for various applications including: integrated drilling services (shallow & deep pre-set), coring and delineation, horizontal, slant, mining, specialty and commercial water well drilling operations.
[pdf] A top drive is a mechanical device on a that provides clockwise torque to the to drill a . It is an alternative to the and . It is located at the place below the traveling block and moves vertically up and down the derrick.
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