Service Rigs Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
PDS | F | Precision Drilling Corporation | 0.89 | |
RNGR | C | Ranger Energy Services, Inc. | -0.17 |
Related Industries: Oil & Gas Drilling Oil & Gas Equipment & Services
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
FDTS | A | First Trust Developed Markets ex US Small Cap AlphaDex Fund | 0.36 | |
SQLV | B | Legg Mason Small-Cap Quality Value ETF | 0.3 | |
GWX | C | SPDR S&P International SmallCap ETF | 0.12 | |
AVDV | B | Avantis International Small Cap Value ETF | 0.09 | |
SMLV | C | SPDR Russell 2000 Low Volatility | 0.09 |
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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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