5 Greenway Plaza, Suite 100 Houston, Texas 77046 United States. But to the local residents who boast about it, the huge rig is a landmark. Parker Drilling Co. Rig 114. Unit Drilling has seen a high 85% utilization rate for its 1,000- to 1,700-hp rigs, which are typically best suited for horizontal wells. The substructure and mast were built at another Parker subsidiary, Parco in Del City, Okla.Geologists have estimated there is at least 60 trillion cubic feet of natural gas below 15,000 feet in the Anadarko Basin, he said. 201, is going back to work after nearly five years in mothballs.The $12 million rig, rated one of the world's largest, has a contract to drill a 28,500-foot well in Beckham County.Parker officials did not identify the contractor, but other sources confirmed it is Exxon U.S.A. Inc., which is planning two super-deep wells in the Anadarko Basin.Rig 201, capable of drilling to 50,000 feet, almost 10 miles deep, is considered the flagship of Parker's fleet of 147 land drilling rigs.Spudding of the well will take place about Oct. 1 and is expected to be the deepest drilling operation in the United States since Parker drilled a well to almost 30,000 feet in Elk City in the early 1980s.The costly rig was dedicated at Parker's Oklahoma City yard on June 1, 1981, by James Edwards, then U.S. Secretary of Energy.It is the structure that for more than 20 months stood along Interstate 40 in Elk City, appearing almost close enough to touch.The unit, which provided many interstate travelers their first close view of an oil rig, was then busily drilling one of the costliest dry holes in Oklahoma history.The 28,500-foot borehole will be drilled into the Hunton sandstone formation near the western Oklahoma town of Erick.Parker spokesman Tim Colwell said it will require 70 truckloads to move the rig and its equipment from a storage yard to the drill site.The rig has been lying on its side, stacked in a storage yard about 20 miles north of the drill site.Colwell said it will cost Parker between $50,000 and $75,000 to move it to the new location.Rig 201 was designed by Parker engineers specifically for deep natural gas drilling such as the pending job, Parker said.The company said the rig should reach target depth in about 400 days.Exxon recently bought four deep natural gas wells, processing plants and other assets in the Anadarko Basin. It is capable of drilling 10 miles into the earth's crust. He said the total cost of the drilling could be $22 million to $25 million.But the payoff could make those figures seem insignificant, VanDonge said, since GHK expects the well to produce gas through the beginning of the 21st century. While the rig has found its final resting place in the middle of Elk City, it truly has traveled the world. Hurricane Laura: 14 dead, thousands without power in Louisiana, Texas
Photo courtesy of Shell Oil.Explore Maersk Drilling's photos on Flickr. Geologists have estimated gas should be struck at about 33,500 feet.The drilling is taking place in the oil and gas rich Anadarko Basin, whose deep formations demand exceptionally large rigs. Workers said the well is now about 14,000 feet deep.At a rate of four feet per hour, head tool pusher Ronnie Givens said he hopes to reach gas within two years. NAME:NewsOK has disabled the comments for this article. Our rigs are capable of drilling to a maximum well depth of 35,000 feet while operating in water depths ranging from 9 … Corporate Office. 5 Greenway Plaza, Suite 100 Houston, Texas 77046 United States. The rig's birthday party last June attracted a crowd of celebrities. 3 / 19 Corporate Office. Parker Drilling Rig 273 AC Variable Frequency Drive Arctic Land Drilling Rig . Parker Drilling Co.'s deepest-drilling and most expensive rig, No. 5 Greenway Plaza, Suite 100 Houston, Texas 77046 United States. 5 Greenway Plaza, Suite 100 Houston, Texas 77046 United States. Parker Drilling Co. Rig 114. In 1967, rig 114 was known as Parco Rig 2 and drilled nuclear test holes in Alaska for the U.S. Atomic Energy Commission. Google honors author Alexandre Dumas with new Doodle Shell’s Perdido Spar, the world’s deepest drilling and production platform, floating in more than 8,000 feet of water in the Gulf of Mexico’s Alaminos Canyon area – and an important component of how Shell and its partners once solved production infrastructure problem there.
+1 281-406-2000 1978. From creating the first heli-hoist rig to setting numerous drilling world records, we are an operational execution company with a rich history of achievement in helping our customers safely manage costs and mitigate risks. | site map | legal disclaimer site map | legal disclaimer diameter hole to 4,427 feet.Parker Drilling patents Heli-Hoist technology, opening new international and arctic frontiers.Bob Parker Sr. buys Parker Drilling from G.C. Story on page 10 of the October 2013 EXPLORER.