US Rig Count is at a current level of 537.00, up from 536.00 last week and down from 583.00 one year ago. This is a change of 0.19% from last week and -7.89% from one year ago. US Rig Count, displays the number of active drilling rigs throughout the United States.
[pdf] 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] The drawworks on a drilling system consists of a large winch drum, brakes and a power source. It raises and lowers the drilling line as required, often to support the installation of piping as the borehole deepens.
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