Service Rigs Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
TVK | A | TerraVest Capital Inc. | 0.79 | |
PD | C | Precision Drilling Corporation | -1.87 |
Related Industries: Beverages - Soft Drinks Confectioners
- Service Rigs
A service rig is a mobile platform loaded with oil industry service equipment that can be driven long distances within the oil fields to service wells. Unlike drilling rigs, service rigs return to a particular well many times.There are several specialized types of service rigs: the carrier, the pumptruck, the doghouse, a 5-ton equipment truck and several crew vehicles. The rigs usually travel in a convoy, because all of the component rigs are needed for proper oil well servicing. The crew use the equipment on the rigs to provide a variety of services, including completions, work-overs, abandonment's, well maintenance, high-pressure and critical sour-well work and re-entry preparation.
Offshore oil rigs are serviced by floating versions of the same equipment.
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