Results for tag: "Rotary Drilling Rig"

The Rotary Drilling Rig market is a segment of the Oilfield Equipment and Services industry. It is composed of companies that manufacture and supply drilling rigs and related equipment for the exploration and production of oil and gas. These rigs are used to drill boreholes into the earth to access oil and gas reserves. The rigs are typically equipped with a variety of tools and components, such as drill bits, drill collars, and mud pumps, to facilitate the drilling process. The rigs are also equipped with safety features, such as blowout preventers, to protect personnel and equipment. The Rotary Drilling Rig market is highly competitive, with a number of major players operating in the space. Companies in the market include Schlumberger, Halliburton, Baker Hughes, Weatherford International, and National Oilwell Varco. Show Less Read more