PRECISION DRILLING BUYS CHINESE DRILL PIPE BEFORE TARIFFS

Drilling rig drill pipe

Drilling rig drill pipe

Drill stems must be designed to transfer drilling torque for combined lengths that often exceed several miles down into the , and also must be able to resist pressure differentials between inside and outside (or vice versa), and have sufficient strength to suspend the total weight of deeper components. For deep wells this requires tempered steel tubes that are expensive, and owners spend considerable efforts to reuse them after finishing a well. [pdf]

Precision drilling usa rig fleet

Precision drilling usa rig fleet

Precision is equipping its U.S. rig fleet with upgrades to handle the increasing demand for ERL wells, particularly in plays like the Permian Basin, Eagle Ford, and Haynesville. These investments include: Higher torque top drives for better drilling power. [pdf]

Drilling rig vs drill

Drilling rig vs drill

An automated drill rig (ADR) is an automated full-sized walking land-based drill rig that drills long lateral sections in horizontal wells for the oil and gas industry. ADRs are agile rigs that can move from pad to pad to new well sites faster than other full-sized drilling rigs. Each rig costs about $25 million. ADR is used extensively in the . According to the "Oil Patch Daily News", "Each rig will generate 50,000 man-hours of work during the construction phase and up. [pdf]

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