How big are these platforms? They’re enormous. The BP oil rig in the Gulf of Mexico that exploded April 20 was 400 feet by 250 feet—roughly the size of two football fields—with a crew of 130.
These active drilling rigs include 479 oil rigs operating in the U.S. oil fields, up by one from the previous week; 99 gas drilling rigs, down by two from last week; and five miscellaneous rigs, the ...
Ever wondered what it's like to work at sea on an offshore oil rig? For many, the idea of weeks spent away from family is daunting – as is the thought of gruelling labour in turbulent conditions.
It would be wise to focus on EOG & MTDR stocks, as the crude price is favorable despite BKR's weekly rig count report stating that the tally is declining.