Price-performance leaders include Jining Hengwang's crawler rig ($1,400 at volume) and Henan Ocean's diesel unit ($3,000 fixed price). For hard rock applications, Shandong Instanton's 5.0-rated rig provides premium capabilities at mid-range pricing.
[pdf] “Blue Whale 1,” the world’s largest and most advanced ultra-deep-water semi-submersible drilling rig was built by Yantai CIMC Raffles Offshore Limited in east China's Shandong Province. The 42000-ton oil platform has cost $700 mil. more
[pdf] China offers a diverse range of water well drilling rigs, each designed to meet specific drilling requirements and environmental conditions. The most common types include rotary drilling rigs, percussion drilling rigs, and down-the-hole (DTH) drilling rigs.
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