How much does an oil drilling platform cost?

Answer Offshore oil drilling platforms---commonly referred to as rigs in the industry---can cost hundreds of millions to several billion dollars to buy or to build, depending on the size, drilling depth a... Read More »

Top Q&A For: How much does an oil drilling platform cost

How do I get from Platform 1 to Platform A at St. Pancras Railway Station and how long will it take?

Come out of the barriers at Platform 1, down the escalators immediately opposite to the lower concourse, and then follow the signs down the stairs to platform A - it is underground, practically und... Read More »

How much oil drilling is in the usa?

The United States produces about 8.5 million barrels of oil per day. About 97 percent of the intercontinental shelf drilling in the United States is by oil rigs in the Gulf of Mexico, according to ... Read More »

Does oil or gas come first when drilling?

Crude oil is the result of sediment and micro-organisms being compacted together over millions of years. Over time, these crushed organisms combine to make oil. Crude oil that has been drilled from... Read More »

Why is cutting oil used in drilling?

Cutting oil, also called cutting fluid or cutting compound, is used in metalworking and machining as a lubricant and coolant to minimize heat and friction damage to both the metal piece being worke... Read More »