Oil and gas companies play a crucial role in the global economy. An industry that employs millions and produces some of the most sought-after commodities in the world, it is easy to see why more and more companies invest in oil and gas exploration. Over the last decades, the oil and gas market has shown no signs of slowing down, especially now that even more reserves are being discovered and are projected to allow sufficient oil production for the next 5 decades. All these said, oil and gas exploration and production will be impossible without the right oil and gas drilling equipment.
Waters International Inc. is a leading provider of oil and gas drilling equipment for sale, offering a wide variety of tools and machinery, essential to oil and gas company operations. For almost half a century, the company has established itself as a dependable supplier of new as well as reconditioned oil and gas equipment and capital drilling equipment in the market.
Various oil drilling equipment makes up an oil rig. Because of the size, number, and intricacy of these machines, oil and gas drilling equipment for sale tend to take a big chunk of an oil company’s operational budget. This is why it is critical to find reliable equipment suppliers that offer high-quality tools and machinery that can withstand the demands of busy oil fields. Drill rigs are highly complex and sophisticated structures that consist of numerous components that are in themselves very intricately designed.
In general oil and gas drilling rigs consist of three important pieces of equipment, namely the mast, the mud pump, and the top drive. The mast acts as the rig’s lifting device, while the mud pump circulates fluid. The top drive is a motorized equipment that turns the drill string to facilitate drilling of the borehole into the ground being explored.