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What is the biggest oil rig in the world?

It is believed that the Hibernia is the world's largest rig or offshore platform. It is located on the Jeanne D'Arc basin in the Atlantic Ocean off the coast of Newfoundland, Canada.


What is an offshore platform and how is it different an onshore drilling 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.


What is an oil rig operator?

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.


Is an oil rig and oil derrick the same?

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"


What was the name of the oil rig that drilled Spindletop?

The drilling rig was not given a name but is simply referred to as "the Spindle top drilling rig".