Drilling crews receive pay raises, dayrates higher

09/25/2000
Helmerich & Payne IDC's rig No. 166, which operates in South Texas, uses a variety of systems to expedite rig moves such as a self-folding doghouse. Additionally, the mud-pits consist of proprietary cylindrical tanks that help eliminate "dead spots" in the drilling fluid while the drilling system utilizes a steady-state autodriller (Varco Co.) that reduces bit-weight fluctuations. Photo by Preston Hale. Courtesy of H&P.Click here to enlarge imageUS drilling utilization has effectively approached full capacity because of increased natural gas demand, higher oil prices, and elevated spending levels by operators. Click here to enlarge imageAs a result, contractors have begun to recei...
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