Results for tag: "Drilling Derrick"

The Drilling Derrick is a type of oilfield equipment used in the drilling process. It is a large, vertical structure that supports the drill string and other components of the drilling system. It is typically made of steel and is designed to withstand the high pressures and temperatures encountered during drilling operations. The Derrick is also used to raise and lower the drill string and to provide a platform for the installation of other equipment such as the blowout preventer. The Drilling Derrick market is an important part of the Oilfield Equipment and Services industry. It is used in a variety of drilling operations, from shallow wells to deepwater drilling. The Derrick is a critical component of the drilling process, and its performance and reliability are essential for successful operations. Some of the major companies in the Drilling Derrick market include National Oilwell Varco, Schlumberger, Halliburton, Weatherford International, and Baker Hughes. Show Less Read more