Some companies who own equipment are engaged in leasing out offshore oil drilling rigs.
Offshore oil drilling equipment.
An oil rig can drill miles into the ground to access oil.
For land drilling equipment represents one of the two major expenses for an oil producer the other being the cost of establishing infrastructure access for roads water and electricity.
The equipment associated with a rig is to some extent dependent on the type of rig but typically includes at least some of the items listed below.
These rigs are designed to last decades often far from land and in some of the most hostile waters on earth.
Other companies involved in extracting and finding crude oil are schlumberger halliburton and weatherford international.
So oil rigs are used to extract oil from the earth.
Their drilling business is on its way to becoming a standalone independent drilling contractor.
Once the exploratory drilling phase is over and geologists have determined that a petroleum reservoir is worth the massive expense oil companies prepare to establish an offshore production platform.
Offshore drilling presents environmental challenges both offshore and onshore from the produce.
Weatherford international domiciled in switzerland and operationally based in houston is one of the leading offshore drilling companies and suppliers of a wide range of equipment and services for the oil and gas drilling industry operating in nearly 100 countries.
Manufacturers and sellers of oilfield tools include companies such as fmc technologies and national oilwell varco.
Many oil platforms will also contain facilities to accommodate their workforce.
Major market players include aker solutions national oilwell varco halliburton cameron international schlumberger baker hughes and weatherford international.
Most commonly oil platforms engage in activities on the continental shelf though they can also be used in lakes inshore waters and inland seas.
Depending on the circumstances the platf.
Offshore drilling rigs have similar elements but are configured with a number of different drilling systems to suit drilling in the marine environment.
An oil platform offshore platform or offshore drilling rig is a large structure with facilities for well drilling to explore extract store and process petroleum and natural gas that lies in rock formations beneath the seabed.
Most commonly the term is used to describe drilling activities on the continental shelf though the term can also be applied to drilling in lakes inshore waters and inland seas.
It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed.
Offshore drilling is a mechanical process where a wellbore is drilled below the seabed.
Types of offshore oil rigs worldwide oil rigs are a large machine that is used for drilling deep holes in the earth so that oil or gas can be extracted.