Service Rigs Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
RNGR | C | Ranger Energy Services, Inc. | -0.58 | |
PDS | D | Precision Drilling Corporation | -1.88 |
Related Industries: Oil & Gas Drilling Oil & Gas Equipment & Services
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
FDTS | C | First Trust Developed Markets ex US Small Cap AlphaDex Fund | 0.44 | |
SQLV | D | Legg Mason Small-Cap Quality Value ETF | 0.3 | |
DISV | C | Dimensional International Small Cap Value ETF | 0.25 | |
FDM | D | First Trust DJ Select MicroCap ETF | 0.22 | |
GWX | B | SPDR S&P International SmallCap ETF | 0.13 |
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- Service Rigs
A service rig is a mobile platform loaded with oil industry service equipment that can be driven long distances within the oil fields to service wells. Unlike drilling rigs, service rigs return to a particular well many times.There are several specialized types of service rigs: the carrier, the pumptruck, the doghouse, a 5-ton equipment truck and several crew vehicles. The rigs usually travel in a convoy, because all of the component rigs are needed for proper oil well servicing. The crew use the equipment on the rigs to provide a variety of services, including completions, work-overs, abandonment's, well maintenance, high-pressure and critical sour-well work and re-entry preparation.
Offshore oil rigs are serviced by floating versions of the same equipment.
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