article thumbnail

ConocoPhillips & PD 868: Robotics Redefining Drilling in the Canada

Oil Gas Leads

This system eliminates the need for traditional floor and derrick hands during connections, relying instead on a three-armed robotic system that performs tasks with precision, speed, and safety. At the forefront is PD 868 , North America’s first land-based drilling rig equipped with modular robotics to automate pipe handling.

article thumbnail

What are Tangible Drilling Costs?

Aresco

These costs are directly related to the actual drilling operations and typically represent a significant portion of the overall expenses in oil and gas exploration and production. Drilling Rig: The equipment and machinery used to drill the well, including the rig itself, mud pumps, derricks, and other drilling apparatus.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Drillers

An oil platform operates around the clock, and while the work is divided in shifts, these shifts are long, so you would need to be able to last for 12 hours straight and even more than that if you are just beginning. Several years of work as a roughneck are enough to pass to the next level, which is that of derrick hand, or derrickman.

article thumbnail

Drilling Rig Systems

Rig Skills

Draw works It have a drum on which drilling line is reel in and out to move travelling block inside mast or derrick for raising and lowering drilling string. How Drilling rig Systems Work-Complete Guide Buy Now Crown Block Crown block is top most part of mast or derrick. It have number of sheaves on it.

article thumbnail

Made In The Permian Basin

Permian Basin Oil and Gas Magazine

Every time I drive into Midland for hitch from East Texas I see more and more facilities being built, observes Luis Raymundo, Lead Chemical Operator at Refined Completions. Currently, OSI operates approximately 64 machines, including CNC lathes, mills, plasma tables, saws, welding stations, and pull test equipment.

Basin 59