how to determine fair value in an oilfield equipment appraisal

How to Determine Fair Value in an Oilfield Equipment Appraisal

Whether you need a machine appraisal for insurance purposes or want to better evaluate the worth of a used oil rig up for auction, an oilfield equipment appraisal can help determine the fair value of equipment in the current market. Learn how an equipment appraiser might value a piece of machinery to better understand the equipment values of assets you own or are considering purchasing.

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how do average costs compare among various oil drilling rigs?

How Do Average Costs Compare Among Various Oil Drilling Rigs?

The price of oil rigs for land drilling in the U.S. typically starts at around $18 million to $20 million and rises to around $25 million, but it can be near twice that amount depending on the ...

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dab rigs & oil rigs - best selection and sales

Dab Rigs & Oil Rigs - Best Selection and Sales

Dab rigs. Dab rigs are one of the preferred methods of consuming concentrates, waxes and oil among enthusiasts. Rather than relying on combustion to burn the concentrates, dab rigs rely on extreme temperatures which rapidly vaporize the concentrates. The result of this is an amazingly smooth, clean and strong hit.

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reviewing rig construction cost factors | offshore

Reviewing rig construction cost factors | Offshore

Throughout the 1990s, the oil and gas index grew gradually and in line with the finished goods index, but in the mid-2000s the oil and gas index increased rapidly, outpacing the overall rate of inflation, suggesting that the increase in rig prices is due in part to an increase in the costs of drilling equipment.

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the 10 best dab rigs on the market [2020 review]

The 10 Best Dab Rigs on the Market [2020 Review]

While there are dab rigs on the market for around $30, you will need to pay well over $100 for a decent quality device. For the record, the cheapest rig on our list is $135 while the most expensive is $740. There are even more expensive rigs in the four-figure range but frankly, they don’t outperform the high-end rigs on this list.

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how much does an oil rig cost?

How much does an oil rig cost?

I'm more familiar with offshore rigs. Excuse my ignorance of land rigs and tender barges. For jack-ups, the tropical/moderate weather rated ones are the; KFELS B/Super B class MSC Gusto CJ46 LeTourneau (bought over by KFELS) Baker Marine 375/400 T...

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oil rig scammers

Oil rig scammers

Goes by Parson Williams and says he is an oil rig supervisor or so he says. Has given me pictures and video of an accident on an oil rig. Due to an accident yesterday saying lost equipment and one dead was a bunch of bull after researching. Says he needs 20,000 to help with the rest of 40, 000. He says he is 6'5 and lives in Arizona.

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can oil engineers be on a oil rig for a month or longer

Can oil engineers be on a oil rig for a month or longer

Well today is day28 so yes, you certainly can and often do spend a month or longer at a rig site. Typically this is more common on land rigs in Africa or the Middle East. I believe it's also common in Russia and I've heard of some Canadians doing ...

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how do we get oil and gas out of the ground?

How do we get oil and gas out of the ground?

A well is drilled so that the crude oil and other liquids travel up the bore hole. When it comes to the surface the crude oil has to be moved closer to where it is needed. Finding oil and gas trapped deep underground and drilling a well are very complicated and expensive. It costs millions of pound to drill a well and only a few are successful.

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oil rig engineer for dating scam

Oil Rig engineer for dating scam

Oil Rig engineer for dating scam. by Anonymous (USA) Well he won my heart and prayed for my sick children, and cleaned out my financial life. Suppose to be such a Godly Good Man but, still needs money to get off the rig, etc, etc, but, I'm broke and that wont change.

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how to determine fair value in an oilfield equipment appraisal

How to Determine Fair Value in an Oilfield Equipment Appraisal

Whether you need a machine appraisal for insurance purposes or want to better evaluate the worth of a used oil rig up for auction, an oilfield equipment appraisal can help determine the fair value of equipment in the current market. Learn how an equipment appraiser might value a piece of machinery to better understand the equipment values of assets you own or are considering purchasing.

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on-site oil analysis for offshore equipment maintenance

On-Site Oil Analysis for Offshore Equipment Maintenance

Nov 28, 2016· There are millions of dollars worth of machinery on a typical offshore platform that is critical to the crew’s safety and whose failure can easily put the platform out of operation. For a long time, oil analysis has been the gold standard in the offshore industry for monitoring the condition of critical equipment.

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oil field drilling rig equipment complete list

Oil Field Drilling rig Equipment complete list

A drilling rig is a machine which creates holes (usually called boreholes) and/or shafts in the ground. 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 by one person.hey sample sub-surface mineral deposits, test rock, soil and groundwater physical properties, and

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oil rig and platform cleaning machines and equipment

Oil Rig and Platform Cleaning Machines and Equipment

Oil Rig and Platforms Maintenance Equipment High Pressure Washers Offer The Perfect Choice for Oil Rig Maintenance One of the most important jobs in oil fields is maintaining the expensive industrial equipment used for various operations. Of course, one of the most expensive is the oil rig.

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smart oil platform strikes multiple benefits with ai by

Smart Oil Platform Strikes Multiple Benefits with AI by

Jul 24, 2019· An offshore oil rig may seem an unlikely spot to find cutting-edge machine learning, but when you think about it, it’s the perfect place. Oil platforms are expensive and complex.

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how do average costs compare among various oil drilling rigs?

How Do Average Costs Compare Among Various Oil Drilling Rigs?

Feb 11, 2020· The price of oil rigs for land drilling in the U.S. typically starts at around $18 million to $20 million and rises to around $25 million, but it can be near twice that amount depending on the

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7 ways oil and gas drilling is bad for the environment

7 ways oil and gas drilling is bad for the environment

Aug 09, 2019· Big oil spills are known killers of wildlife. Just think back to the explosion of BP’s Deepwater Horizon rig in the Gulf of Mexico in 2010. The resulting spill covered 68,000 square miles of sea surface and killed approximately 1 million coastal and offshore seabirds, 5,000 marine mammals and 1,000 sea turtles.. Smaller spills, including of other substances in the oil extraction process, don

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dab rigs & oil rigs best selection and sales

Dab Rigs & Oil Rigs Best Selection and Sales

Dab rigs. Dab rigs are one of the preferred methods of consuming concentrates, waxes and oil among enthusiasts. Rather than relying on combustion to burn the concentrates, dab rigs rely on extreme temperatures which rapidly vaporize the concentrates. The result of

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how much does an oil rig cost? quora

How much does an oil rig cost? Quora

Oct 10, 2017· I'm more familiar with offshore rigs. Excuse my ignorance of land rigs and tender barges. For jack-ups, the tropical/moderate weather rated ones are the; KFELS B/Super B class MSC Gusto CJ46 LeTourneau (bought over by KFELS) Baker Marine 375/400 T...

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oil rig engineer for dating scam

Oil Rig engineer for dating scam

Oil Rig engineer for dating scam. by Anonymous (USA) Well he won my heart and prayed for my sick children, and cleaned out my financial life. Suppose to be such a Godly Good Man but, still needs money to get off the rig, etc, etc, but, I'm broke and that wont change.

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hot shot drivers are in demand in the eagle ford shale

Hot Shot Drivers Are In Demand in the Eagle Ford Shale

May 02, 2012· The Eagle Ford Shale has brought a lot of opportunities for the oil and gas industry. There is plenty of work for everyone especially Hot Shot truck drivers. Hot Shot drivers in South Texas are called by oil and gas companies to pick up loads from the drilling rig and deliver them somewhere else, or to bring much needed supplies to the rig to

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how much does an oil & gas well cost?| oil & gas investing

How Much Does an Oil & Gas Well Cost?| Oil & Gas Investing

Subsea equipment put in place to support walls under the surface of the water is another significant cost. The deeper the water in the rig’s location, the more expensive this will be. Pipelines are another major expense, the cost of which depends on how far the rig is from shore. Natural Gas Payments vs. Oil

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list of offshore drilling companies in louisiana bizfluent

List of Offshore Drilling Companies in Louisiana Bizfluent

The offshore oil industry has a large presence in Louisiana. The state is one of only six that allow coastal drilling. Only one state, Texas, plays host to more oil rigs than Louisiana does. A number of companies take advantage of the state's plentiful resources, creating a $70 billion industry.

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can oil engineers be on a oil rig for a month or longer

Can oil engineers be on a oil rig for a month or longer

Well today is day28 so yes, you certainly can and often do spend a month or longer at a rig site. Typically this is more common on land rigs in Africa or the Middle East. I believe it's also common in Russia and I've heard of some Canadians doing

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finding an entry-level oil field job drillers

Finding an Entry-Level Oil field Job Drillers

Apr 12, 2018· Finding an entry level oil field job has been harder in recent years. During the 2014-17 crash, finding suitable positions for your education, experience and skill set has been more difficult than during usual times. This article gives a current overview, and 9 actionable tips to help get started in an Oil

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the benefits and costs of oil and gas development

The Benefits and Costs of Oil and Gas Development

Mar 31, 2014· Directional drilling offers the possibility of safely accessing a significant portion of the estimated 10 billion barrels of offshore oil and gas from land-based drilling rigs. Another opportunity is to develop the Monterey shale in the Central Valley region, which may hold up to 15 billion barrels of crude oil.

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offshore drilling advantages and disadvantages science

Offshore Drilling advantages and disadvantages Science

Jul 10, 2016· Offshore Drilling advantages. Offshore Drilling increases the overall supply of the oil that hits the general market, Oil is the commodity which is based on supply and demand, By committing to offshore drilling, the possibility of adding more oil to reduce the local costs becomes possible. Offshore Drilling provides the nation with some energy self-reliance, the majority of the world’s oil

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oil drilling an expensive business

Oil Drilling an Expensive Business

Seadrill: This Norway based company received contracts worth $4.1 billion for three deepwater rigs from Brazilian Petrobras day rates was more than $600,000. Though the oil prices have fallen in recent times, the companies still earn profit, in fact, their profit has surged- as seen from the above discussion-- as most of their contract run

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dab rigs for sale over 100+ wax rigs to choose from

Dab Rigs for Sale Over 100+ Wax Rigs to Choose From

Shop over 100+ Dab Rigs in stock and ready to ship! Find the perfect oil rig for your concentrates and waxes. Get great deals on everything from Recycler Dab Rigs

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natural gas vs. heating oil which is best for your home

Natural Gas vs. Heating Oil Which is Best for Your Home

Feb 24, 2016· The falling crude oil prices have made oil-fueled heating systems cheaper than the cost of heating your home with natural gas. In one of the coldest weeks of 2015, we reported that fuel oil prices had risen by 35 cents in one week in mid-February, despite a further fall in the crude oil

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bp-and-the-deepwater-horizon-disaster-of-2010

BP-and-the-Deepwater-Horizon-Disaster-of-2010

Now underwriters have to include that as a risk. That's probably $10,000 to $15,000 more per day in rig insurance. They'll make it up by charging more on a per-rig basis." 73. BP's price tag for the lost oil five million barrels at the average market crude oil price (for April 20, 2010 through July 15, 2010) of $74.81 per barrel 74 was $374

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things are so bleak in the oil industry that an offshore

Things are so bleak in the oil industry that an offshore

Apr 25, 2016· According to maritime-industry blog gCaptain, Ocean Rig got a sixth-generation drillship that was worth up to an estimated $700 million in 2011 for just $65 million. So Ocean Rig just got a

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how to explore for oil: 15 steps (with pictures)

How to Explore for Oil: 15 Steps (with Pictures)

Jul 09, 2020· Know that oil is found in sedimentary rock formations. Oil is formed from microscopic ocean organisms that sank to the bottom of the ocean millions of years ago, forming layers of organic material and mud. Time and pressure transform the mud into shale, the organic material into oil, and surrounding sand and calcium deposits into sandstone and limestone.

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» offshore drilling naturalgas.org

» Offshore Drilling NaturalGas.org

Jack-up rigs are similar to drilling barges, with one difference. Once a jack-up rig is towed to the drilling site, three or four ‘legs’ are lowered until they rest on the sea bottom. This allows the working platform to rest above the surface of the water, as opposed to a floating barge.

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