Rigs Take a Walk

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November 3, 2015 at 9:59 am  •  Posted in Oil and Gas  •  0 Comments

Walking drilling rigs, which can travel hundreds of yards under their own power, are smaller and safer than conventional rigs and require less manpower to operate. As horizontal and pad drilling become more common, the demand for such mobile rigs is increasing. Still, experts note that while the new technology may cannibalize some business, the demand for traditional rigs will remain high.

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