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Need for Land/ Onshore Drilling Rigs is straight influenced by the need development for fossil fuels and global onshore exploration and production activities. Well  Solution Can Be Seen Here  and work-over activities have less effect on the demand for drilling rigs, due to other well intervention techniques and technologies readily available. However, more wells do not always imply more rigs.

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Oil rate volatility extremely affects the demand for onshore drilling rigs, as less wells are drilled during the industry slump. Historically, apart from Russia and the CIS, North America has actually held the largest share of need, followed by the Middle East and Latin America. In the Middle East, Oman, Saudi Arabia and Kuwait are the greatest locations for land rigs.

The demand patterns in between the areas worldwide are slightly different, whereby most of the development in North America is for hi-spec rigs (1,500/ 2,000/ 3,000 hp) used in horizontal drilling. Historically the Middle East and Russia have used lower specs rigs, with more need for 2,000 hp rigs (and above) starting to construct up from 2014 onwards.

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Regionally, around 75 % of the systems are drilling rigs, with the rest being work-over units. The rig fleet in the GCC region has actually been growing substantially over the last a number of years, reaching near 370, with significant purchases in UAE, KSA, and Oman. Latest international active land rig count (Source: Baker Hughes, different quotes for Russia and CIS) Onshore rigs have various power supply systems, i.

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SCR or A/C. SCR is old technology, whereas AC-powered (with variable speed) rigs enables adjusting the load and torque as required. This not only provides drilling effectiveness and control however consumes less fuel and reduces wear and tear. The majority of brand-new onshore rigs globally are geared up with the AC power system.

In the U.S.A., around 70% of the land rigs are AC powered. It is expected that Air Conditioning powered and rigs will dominate the boost in rig supply capacity around the globe. The Middle East market for onshore drilling rigs includes national/domestic rig specialists, along with global players, with the domestic business dominating and controlling more than 70% of the rig fleet (including work-over rigs).