The oil and gas industry is one of the biggest industries in the world. Oil and gas being the backbone of modern society, countries globally depend upon it to function smoothly. The oil and gas industry is indeed important to the economic and environmental aspects of the world and so are the equipment used to suffice the world’s need for oil and gas.
There is a high demand for oil and gas in the modern world, making the drilling equipment demand higher. Oil rigs are huge and its equipment is technical and expensive. But this extra-ordinary equipment does not function on its own. They have their own comprehensive maintenance. A certain level of experience is required when a company is looking for Oilfield Equipment Suppliers.
It’s important to invest in the tools that will help your company grow for years to come. Here are the 10 facts about oilfield equipment:
1. Drilling rigs equipment are portable
Drilling rigs can be massive structures housing equipment used to drill water wells, oil wells, or natural gas extraction wells, or they can be small enough to be moved manually. Most oil rigs are portable and they get stacked once the project is over. During that time, special maintenance is needed like corrosion protection, transportation.
2. There are different types of rigs available
Each well and project is different hence, There are actually several types of rigs namely
a. Land Rigs
b. Submersible rigs
c. Jack-ups
d. Drillships
3. Fracking is the way of the future
95% of new wells being drilled are hydraulically fractured as the process is extremely cost- effective and technology is advancing at a lightning speed.
4. Equipment can be made with custom design
Equipment is specially designed to fit different wells. Ideally, oilfield equipment suppliers provide oil and gas companies with various sizes.
5. Drilling equipment is expensive
Drilling equipment includes explosive loader trucks, diamond drills, rotary drills, percussion drills, and drill boom jumbos. Their vast size makes them extremely expensive.
UAE is the world's seventh-largest proven crude oil reserves, the country is a responsible producer which is why oilfield equipment suppliers in Dubai provide extraordinary high-quality equipment. Finding the right tanks, drills, and rigs are paramount to your success. This is where we come in, Fanatech a leading oilfield equipment suppliers in Dubai.
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