Which among the drill rig companies we have today are considered the major players in the industry? How do they impact global businesses with their actions?
Drilling oil wells that will substantially help the world produce its required energy is a collaborative effort of a unified team. Currently, we have 3 kinds of drill rig companies that work on tapping these sources of energy from mineral oil, namely drilling contractors, oilfield services and manufacturing companies, and E&P companies.
What do the E&P companies do?
The heart of their work lies in the research work they do, in the hope of finding resources for subsurface hydrocarbons. It allows them to oversee the process of drilling work. In addition, they can also take charge of managing hydrocarbon transportation, the processing of gas and sometimes even handling petroleum refining, too.
They can also employ drilling contractors, providing crews and drilling rigs along the way. Some of them will also contract some oilfield service teams to help them obtain additional equipment and materials for the website. All these companies together comprise the gas segment and upstream oil.
Leading Offshore Drilling Companies
Right now, Schlumberger is one of the leading names in the top global offshore drilling organizations. With respect to generated annual revenue, they are regarded as the biggest contractor for the offshore drilling sphere. And this is not only in the US territory but even from across the world it carries a history of technology and science innovation. They are often backed by acquisitions and strategic mergers.
From application-specific down to conventional systems for jack-ups, rigs, geothermal wells, their offered drilling services are designed in such a way they will help in further enhancing safety levels and trim downtime for installation.
Throughout a reservoir lifecycle, Halliburton will serve it the gas sector and upstream oil kit it requires, from managing geological data to locating reserves and drill assessment, well construction, production optimization and completion throughout the entire lifetime of the field.
The offshore drilling services they have on offer would include directional and horizontal drilling, logging while drilling, measurement while drilling, rig site systems information, multilateral systems, and underbalanced applications.
The field of specializations for Baker Hughes can be found in drilling, production, and, oil and gas completion services. The offshore drilling services they offer include measurement-while-drilling, directional drilling services, logging-while-drilling, coiled tubing and re-entry, and remote drilling. Norwegian sea’s Skuld offshore field is one of the biggest offshore oil fields where they have their offered drilling services for deep-water.
KCA Deutag is one of the UK’s leading offshore drilling organizations. Right now it is included in the roster of leading global providers of engineering and drilling expertise. They currently have operations, both offshore and onshore.
The organization, in the past few years, was able to garner some new contracts to work on and get themselves preoccupied with. With an industry experience spanning 125 years, they are one of those leading drill rig companies that are anticipated by insiders to dominate on a global scale the offshore drilling sphere.
This drilling organization is comprised of 4 business segments: oilfield equipment, manufacturing, design and engineering, and offshore drilling. There are currently 90 drilling rigs under their management and care. These drilling rigs are dispersed in more than 20 countries around the globe.