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Mud pump (#4) is a reciprocal type of pump used to circulate drilling fluid through the system. Mud tank (#1) is often called mud pits and stores drilling fluid until it is required down the wellbore. Setback (#17) is a part of the drill floor (#21) where the stands of drill pipe are stood upright. It is typically made of a metal frame ...
Deepsea Delta semi-submersible drilling rig in the North Sea Comparison of deepwater semi-submersible (left) and drillship (right). A semi-submersible platform is a specialised marine vessel used in offshore roles including as offshore drilling rigs, safety vessels, oil production platforms, and heavy lift cranes.
The methods used to direct the well path fall into two broad categories, these being “push-the-bit” or “point-the-bit”. Push-the-bit tools use pads on the outside of the tool which press against the well bore thereby causing the bit to press on the opposite side causing a direction change.
Margins matter. The more Pioneer Drilling (ASE: PDC) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
Pioneer Natural Resources Reports Year-End 2012 Proved Reserves and Finding Costs DALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (NYSE: PXD) ("Pioneer" or "the Company") today ...
Pioneer Drilling (ASE: PDC) reported earnings on May 8. Here are the numbers you need to know. The 10-second takeawayFor the quarter ended March 31 (Q1), Pioneer Drilling beat expectations on ...
The first offshore mobile drilling platform was the Hayward-Barnsdall Breton Rig 20, first operated in 1949. [2] This rig had evolved from the inland drilling barges which were used to drill in marshes and protected waters in up to 10 feet of water. The Breton Rig 20 was 160 feet by 85 feet, and could work in 20 feet water depth.
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