Glossary
A support structure used to stabilize the injector head and pressure-control equipment on some offshore, or special onshore, coiled tubing units.
A self-contained combination drilling rig and floating barge, fitted with long support legs that can be raised or lowered independently of each other. The jackup, as it is known informally, is towed onto location with its legs up and the barge section floating on the water.
The exit velocity of the drilling fluid after it accelerates through bit nozzles.
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Very good overview of the weekly steel market.
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