About Russian down-the-hole drilling rig recycling
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6 FAQs about [Russian down-the-hole drilling rig recycling]
Who makes the most drilling rigs in Russia?
The largest among them, in terms of their market share in Russia, are Sichuan Honghua Petroleum Equipment and RG Petro-Machinery. In total, Chinese manufacturers retain about 45% of the local drilling rig market.
Are Chinese drilling rigs a good investment in Russia?
Beginning in the late noughties, we have seen Chinese companies hold leading positions in the drilling rig market, their advantage being great price-to-quality value of their equipment. The largest among them, in terms of their market share in Russia, are Sichuan Honghua Petroleum Equipment and RG Petro-Machinery.
Who makes Uralmash Drilling rigs?
Uralmash NGO Holding manufactures drilling rigs for drilling deep production and exploration wells. This interview is featured in The Oil & Gas Year Russia 2020 How did demand in the Russian drilling rig market develop in 2019? The demand in the drilling rigs market in Russia depends on many factors.
What factors affect the demand for drilling rigs in Russia?
The demand in the drilling rigs market in Russia depends on many factors. First, it depends on macroeconomic factors, mainly the price of oil. When the oil price drops, volumes of drilling decrease. Moreover, there has been a sort of cyclical evolution over the past five years.
Who makes USIC rigs?
OOO USIC-SERVICE (LLC) produces turnkey assembly of drilling rigs produced by USIC. Ural Siberian Industrial Company (USIC) – Russian manufacturer of completed drilling rigs for production and exploration drilling. Additionally, USIC manufactures drilling rigs components and units, as well as modernizes drilling equipment.
How many drilling rigs were produced in 2018-2019?
In 2018-2019, we produced 40 drilling rigs. During this period, the company designed and started the production of top drives with load capacities of 250, 320, 450 and 500 tonnes. In the past two years, we have also increased the production of serial UNBT-1180L mud pumps (1,600 HP) with a pressure of 35 MPa (5,000 psi).