North Dakota: Abraxas buys rig for Bakken drilling

By OGJ editors
– Abraxas Petroleum Corp., San Antonio, will refurbish a rotary rig it has purchased to field in the Bakken-Three Forks play in North Dakota in October 2011.

The company hired an experienced rig operator to run the used Oilwell 2000 diesel-electric rig using a multiwall pad drilling system.

Abraxas said it bought the rig to combat severe equipment and services shortages in the Williston basin. The company has 60 gross identified locations to be drilled in the North Fork area of McKenzie County, ND.

Raven Drilling LLC, an Abraxas subsidiary, will own and operate the rig. Abraxas said it is still negotiating long-term availability of completion services and nonetheless is starting to see additional availability in the basin.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...