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Do independent oil and gas contractors provide their own drilling equipment? | Forum
Alex
Oct 9 '22
Some do but the majority I've drilled on being in contractors to do the work. See, drilling rigs are expensive to own and operate. Add to that, a good, skilled crew are expensive to hire. What the independent operator needs to consider is the investment in such expensive capital versus how many wells will they be drilling in their program?
Mark
Oct 9 '22
I don't understand your question a bit. But most likely yes, they do. If there are oil and gas companies that sell their part of the company or an individual plot for drilling, they do not always give you everything as a gift (like tools for drilling). You usually have to buy everything from erde-tools.com so you know your equipment will last a long time and be fine.
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Evbiz01
Jan 27 '23
The majority of all those big and huge comapnies they can offer all the equipments and necessary facilities for the best oil extraction, the oil and gaz secters are very sophisticated and well advanced because of all the investments that it gets and the interest from investros as it is a very profitibale business for companies and governements
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