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  • What do you know about oil drill rigs and tools?
  • The driving force behind this thriving industry is the oil drilling equipment used to extract crude oil and petroleum from the earth. But do you know all there is to know about oil drill rigs and tools? The American oil and gas industry plays a huge role in our everyday lives and the national economy — and oil drilling equipment is behind it all.
  • What are deep oil drilling methods?
  • Deep oil drilling methods are used in the industry for the following operations: Exploration: Drilling is used to determine whether or not a prospective oil deposit is viable. Appraisal: If the deposit contains oil or gas, production equipment is used to drill a well and appraise its potential for commercial use.
  • Why is oil drilling equipment important?
  • The American oil and gas industry plays a huge role in our everyday lives and the national economy — and oil drilling equipment is behind it all. This industry employs 9.8 million Americans — a number that continues to grow — and makes up approximately 8% of the U.S. economy.
  • How do oil drill rigs work?
  • These pieces of oil drilling equipment keep the industry pumping: The drill mast, or derrick, of an oil drill rig is the tall, heavy tower that acts as a lifting device. Without this structure, there is no apparatus through which the drill string can be lifted.