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An oil rig typically lasts between 20 to 30 years, depending on factors such as maintenance, technological advancements, and environmental conditions. Regular upkeep can extend its operational life, while harsh offshore conditions may lead to quicker deterioration. Additionally, the economic viability of continued drilling can influence the decision to decommission the rig sooner. Ultimately, the lifespan varies based on specific circumstances and operational practices.

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2mo ago

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