Derricks are usually assembled with a crane ... "Killing the well" is a term that describes the process of shutting down an oil rig either permanently because there is no more oil to drill ...

Oil prices are poised to end the week on a positive note, reversing the discouragement that dominated the market earlier this ...

Oil Works, Inc. has been active in ... substructures, and derricks. OWI also builds and sells full rig packages by aggregating many of these products to create a fully functioning rig.