Upward trends in oil prices and the proliferation of new technologies are enabling operators to capitalize on new opportunities. Horizontal drilling and completion are opening up reserves in fields that were not previously economically viable.
A drilling rig is a machine that creates holes in the earth's subsurface. Drilling rigs can be massive structures housing equipment used to drill water wells, oil wells, or natural gas extraction wells, or they can be small enough to be moved manually by one person and such are called augers.
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It's no secret to the offshore drilling community that expandable underreamers are tremendously important tools in deepwater drilling, but underreamer failure is also a major contributor to increased costs and nonproductive time during drilling operations.
Grid view List view. eBook – 2018 IADC Membership Directory. The IADC Membership Directory is the definitive guide to the global drilling industry and your opportunity to connect with the global wellsite industry rig owners both land and offshore and the oil companies they serve.