Jack-Up Rig Market - Global Industry Analysis , Size , Share , Growth , Trends and Forecasts 2017 – 2021 Rigs are giant structures or machines consisting of mud tanks , mud pumps , derrick or mast , draw works , rotary table , drill string , power generation equipments and auxiliary equipments . Rigs are used in drilling a wellbore . Some rigs are used on water and usually built on ships or barges whereas , some rigs are meant to be used on surface .
A jack-up rig is a mobile platform used as exploratory drilling platform and offshore platform that consists of a buoyant hull with moveable legs , capable of lifting the hull over the sea surface . The buoyant hull is a water-tight barge that floats on the water surface and used to transport all the machinery to a desired location . Once a rig arrives at work location , the legs are jacked down onto the sea floor where the weight of barge and ballast water drives the legs into the bottom of sea to avoid further penetration during operations .
Global Jack-Up Rig Market : Jack-up Rig Supply and Utilization Working Jack-up Rig Count Contracted Jack-up Rig Count
Regional Market Analysis :
Middle East Middle East Jack-up Rig Supply and Utilization
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