Rig Skills

FEBRUARY 18, 2019

Drilling rig consists of following systems. Hoisting system Rotary system Circulation System Power system BOP system Monitoring system Drilling Rig Hoisting System It enable drilling rig to raise and lower working string into and out of well bore. Rotary system components are TDS or kelly and drill string.

Drilling rig 52

Drilling rig Derrick IT Operator 52

Aresco

OCTOBER 25, 2023

What is oil and gas upstream midstream downstream? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas.

Downstream 52

Downstream Midstream Upstream Crude Oil 52

Aresco

AUGUST 13, 2024

Tangible Drilling Costs (TDCs) , on the other hand, are associated with the purchase of equipment and have salvage value, like the drilling rig and wellhead. This provides a significant upfront tax benefit, reducing the overall financial risk of the investment. These costs are typically depreciated over seven years.

Oil 52

Oil Gas Exploration and Production Drilling rig 52