article thumbnail

What are Tangible Drilling Costs?

Aresco

The cost of the cement and other materials used in this process are considered tangible drilling costs. Mud and Fluids: Drilling mud and other fluids are used for lubrication, cooling, and removing drill cuttings from the wellbore. Disclaimer The above blog is provided for general information only.

article thumbnail

Forum Shopping Curtailed: Venue Limited to Parish Where Drilling Rig Was Lost

The Energy Law Blog

(“XTO”), Alliance Drilling Consultants, LLC (“Alliance”), Clifton Pritchard, and Alliance’s insurer, James River Insurance Company (“James River”), for damages resulting from the loss of D&D’s drilling rig.

article thumbnail

What It’s Like To Work On An Offshore Oil Rig

Drillers

Roughnecks operate cranes, run drilling engines and pipes, and are in general given more skilled tasks and paid more for doing them. The Derrick hands are responsible for the drilling mud and the mud pumps. The best-paid position on an oil rig, however, is that of the offshore drilling consultant.