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A1 Oil & Gas Equip provides products, which consist of and other related oilfield equipment. A1 Oil & Gas Business a subsidiary of PUNJTAN ENERGY is a Houston, Texas U.S.A. based business with global existence situated in the heart of World Capital of Oil & Gas Devices. We are capable to provide all kinds of Oilfield Equipment.

If you're in the market for a land-based drilling rig or workover rig, Equip, XP can guarantee you get the best rig for your particular drilling job. Type: Drilling, Workover (Well maintenance) Age: New or Utilized Net Power: 300 - 3000 Horse Power Drilling Depth: Up 30,000 Feet Hook Load: As much as 1,600,000 lbs Rotary Load: Up to 1,500,000 pounds Options: Skid Bundle, Trailer Plan, Living Quarters Spare Parts Available: Yes.

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Weatherford finishes sale of Kuwait land drilling rigs 11/2/2018 BAAR, Switzerland-- Weatherford International has actually completed the sale of its land drilling operations in Kuwait, including 12 drilling rigs to ADES International Holding for $123 million in money, and an additional $12 million in money pending the shipment of 2 idle land drilling rigs in southern Iraq.

5 million. The transaction consists of 31 land drilling rigs and related drilling agreements, in addition to around 2,300 workers and contract personnel. This is the very first in a series of four closings, the bulk of which are expected to be completed by year-end 2018, subject to regulatory approvals, permissions and other traditional closing conditions.

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Fascination About Weatherford Completes Sale Of Kuwait - Oil and Gas Online

Weatherford will utilize the earnings to decrease its financial obligation. Associated News/// FROM THE ARCHIVE///.

Independent manufacturers and operators ramping up shale expedition and advancement programs are pushing the limitations of traditional drilling devices. Whether I Found This Interesting are drilling multiple long-lateral horizontal wells from single pads, testing new bits and mud motors to enhance penetration rates, or deploying next-generation rig floor and automation systems to slash "spud to sales" times, independents and their service business partners continue to discover methods to enhance resource play economics and break the non-traditional drilling frontier wide open.