SPN Well Services provides a complementary suite of completion and production services; including well service rigs, coiled tubing, water transfer, fluid services, electric line, thru tubing, remedial pumping, rentals and flowback.
[pdf] The oil rig count is currently 411 rigs, compared to 438 in June and 483 one year ago. The gas rig count is 122, compared to 111 in June and 97 last August. In the major plays, the Permian Basin rig count is at 255 rigs, 16 fewer than June’s count.
[pdf] Continuous full-load operation (load rate>90%) accelerates component wear and may shorten life to 6-8 years. Reasonably control the load rate (recommended 70%-85%), and avoid frequent starts and stops through frequency conversion control or air tank adjustment.
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