The drilling rig was not given a name but is simply referred to as "the Spindle top drilling rig".
Oil rig operators run and manage an installation. The acreage of land that the oil reservoir resides is owned (leased) by the Oil Company. The Oil Company will pay a Drilling Contractor to drill the reservoir. The Drilling Contractor will own the drilling rig and will be the Rig Operator. The Oil Company will also employ Service Companies to perform certain functions on the rig during drilling. With a drilled and completed well the Oil Company may develop the location and install a Platform (if offshore) to produce numerous wells. The Oil Company may operate the platform itself or employ an Operating Company to manage the platform and production. Again, Service Companies may be employed to carry out remedial work on the oil wells from the platform.
Yes and No The "derrick" is the drilling tower which is part of the complete oil platform (which could be moored at sea and have crew quarters etc) which is the "oil rig"
An offshore platform is a structure that is installed over as group of wells that was drilled by an offshore drilling rig. The function of the platform is to produce the oil from these wells. A platform can be mounted to the seabed or could be a floating type platform. Offshore drilling rigs are for drilling the wells and are mobile and moved from area to area. Onshore drilling rigs are mobile units too and are moved from pad to pad for drilling and exploration. After a well is drilled onshore, a wellhead is installed on the well. There is no need for a platform as this only economically viable in offshore applications. There have been cases where an offshore well was drilled from land into the sea, but operated from land. This can only be possible if the oil formation is not too far offshore.
Oxidation is loss, reduction is gain
All rig workers are skilled to some level. Green Hands, or Green Horns are trainees. Roustabouts, or Deck Hands/Ops, are generally the starting point in a career. Rough term for oil workers is Rig Pigs.
Anthony Lucas 10/27/1900
The drilled oil belongs to whoever owns the specific oil rig.
It was done by the University of OK and was drilled by Parker drilling using Rig 166 which is now owned by Unit Drilling. This rig went to Kallispell, Montana afterward. The name of the well is: GHK Bertha Rogers #1-27
With a floating oil rig as sophisticated and advanced as the Deepwater Horizon (even though having been built in 2001 for a cost of $350 million), it would be in the estimate of $700 million upwards. It all depends on the task of the rig pertaining to the depth to be drilled, the composite of the area to be drilled, and the various equipment supplied on the rig.
Sour Lake, Texas is one of the prominent cities as far as the Texas Oil Boom is concerned. It is the location of Spindletop, the first producing oil rig in the area..
After exploration has been done and oil deposits have been found, the exact location of an oil producing rig is based on the location of these oil deposits. It will be placed in a way that it is centered within close proximity of the oil field. As there will be multiple wells on a single oil rig, the wells are drilled deviated from the rig to the zone that contains the oil.
Rigs are an amalgamation of technologies required to extract hydrocarbons from the Earth. Oil was first "drilled" for in China, some 1700 to 1900 years ago.
Deepwater Horizon
Hibernia. It is located off Newfoundland, Canada.
Oil rig operators run and manage an installation. The acreage of land that the oil reservoir resides is owned (leased) by the Oil Company. The Oil Company will pay a Drilling Contractor to drill the reservoir. The Drilling Contractor will own the drilling rig and will be the Rig Operator. The Oil Company will also employ Service Companies to perform certain functions on the rig during drilling. With a drilled and completed well the Oil Company may develop the location and install a Platform (if offshore) to produce numerous wells. The Oil Company may operate the platform itself or employ an Operating Company to manage the platform and production. Again, Service Companies may be employed to carry out remedial work on the oil wells from the platform.
Oil rig oil Derick
As the demand for oil grows, mankind ventures into more hostile or inaccessible territory to gain access to oil deposits. Deep water rigs were invented to access these deposits in deep ocean waters. Wells are drilled there and oil is pumped.