Rumored Buzz on New, Surplus and Used Land Rigs & Equipment - Salvex

"Closed-loop mud systems get rid of the requirement for a reserve pit," he states. "The systems also processes drilling fluid more effectively. They have the ability to take more solids from the drilling fluid, which enables more fluid to be reused and makes the solids clothes dryer and easier to deal with.

"We consider our 2,000-horsepower rig to be similar to our 1,500-horsepower rigs, other than for the drawworks size and the mast/substructure capability," he says. "The 2,000-horsepower rigs have the exact same footprint and move as quickly as the 1,500-horsepower units, and for all practical purposes, the day rates are the very same." He also states diesel-electric SCR rigs are equivalent to Air Conditioning rigs.

"From the customers' viewpoint, they drill wells as quick as Air Conditioner rigs." In reference to safety, Latshaw states individuals matter more than technology. "You can attempt to design a tool that is accident proof, but safety comes down to individuals on the rig flooring and what their mindsets are," he insists.

"Those are costly, high-maintenance pieces of equipment," he states. "We decided to take some of them off our rigs, then track closely to see if we had more finger and hand mishaps on the rigs using manual tongs and a drill pipe spinner versus the rigs that had iron roughnecks.

"We have at least 103 Air Conditioner rigs deployed at this point," he reports. "We are in the procedure of structure 25 more, and we always are searching for opportunities to broaden even more, be it in the Bakken, the Mid-Continent, West Texas, the Eagle Ford, or the Marcellus." Hudson says the new rigs consist of bigger pumps, A/C top drives, and tubular handling tools such as automatic catwalks and flooring wrenches.

"Instead, the catwalk gets pipe and elevates it to the rig flooring. No one is touching the pipeline or rolling pipe onto the catwalk, which keeps people away from tubulars, lowering the threat of pinch-point injuries." The flooring wrench likewise improves security, Hudson states. "Generally, Oil Rigs Now LLC would comprise pipeline with manual tongs," he notes.