The standard wacky rig is a 2/0 octopus-style hook rigged through an O-ring that’s been placed in the center of a 4- or 5-inch stick bait. While the O-ring isn’t always necessary, it’s helpful in ...
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Valaris Streamlines Drilling Fleet & Sells Jack-Up Rig for $24MAdditionally, the offshore driller has announced the sale of a jack-up rig for $24 million. The three semi-submersible rigs are expected to be out of service and permanently removed from the ...
Indonesia’s national energy company Pertamina has secured the jack-up rig CPOE 16 from Chinese offshore drilling contractor CNPC Petroleum Offshore Engineering (CPOE) on a four-year firm ...
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