1. Figures Favoring the Keystone XL Pipeline & Its Impact on Crawler Carriers

    February 20, 2014

    Working for a crawler carrier sales and rental company has me drilling into some hot industry topics related to crawler carriers that I never imagined I’d take such an interest in. The Keystone XL pipeline intrigues me because our latest addition, the Terramac® RT9 crawler carrier is currently making strong impacts on pipeline work across the US. 

    The Impact Pipelines Make on Our Crawler Carrier

    One of the most relevant topics of debate in the Keystone XL pipeline that has the potential to impact the crawler carrier business is the transportation of crude oil. I say this because the pipelines are one of the Terramac® RT9 crawler carriers best uses. These crawler carriers have proven themselves to be the most versatile piece of heavy equipment on the market capable of handling every aspect of the pipeline process.

    Despite that, prior to my research, I remained fairly neutral over the preferred method of transportation of crude oil, and found the long standing debate intellectually stimulating. Some recent articles showed some fascinating comparison statistics of the various methods of crude oil transportation, specifically, the pipeline versus the railway.

    railway verses using crawler carriers and pipelines

    Pipeline VS Rail: The Shocking Statistics Encouraging Pipeline Progression

    According to Pipeline and Gas Journal, the use of pipelines has been around since the 1800’s and it is said that 70% of US crude oil transport is moved through this mode of transportation. The remaining percentages are comprised of 23% barge, 4% truck and 3% by railway. With so much of our oil being transported from the pipelines and the strong debate against the pipeline, you would guess that the majority of damage comes from them, but think again!

    When you proportionate the volume of shipments to the safety and environmental damages, less spillage incidents and personal injury actually come from the pipeline than from truck and rail combined. This is good news for businesses like ours that are selling and renting equipment that can be utilized nearly 100% of the time on a pipeline project.

    Taking a scientific approach, these statistics do make sense given the simplicity of physics in motion. Pipelines are buried below the ground where inside container remains immobile and thus forces acting upon the movement are minimal. Less movement required leaves less room for incidents to occur. Modes of transportation such as truck and rail involve more complex movement. These containers are subject to more outside forces such as being hauled over the Earth’s surface in closer proximity to people, which increases the risk of accidental damage.

    Bakken Magazine solidified the high risk of transporting crude oil by railway in their recent piece on safety recommendations made by the National Transportation and Safety Board (NTSB) & the National Transportation Board of Canada (NTBC) for trains carrying crude oil. It claimed that new railway incidents provoked the need for increased safety recommendations to be made.

    Since, the US lacks an adequate oil transport infrastructure; the railway has been pressured into fulfilling the responsibility of transporting the surplus of oil from recent increases in production. In the last nine years, crude oil shipments by rail have increased approximately 400%, and one could only conclude damages rose proportionally. Therefore, is this really the best method when rail already takes the lead for highest number of incidents?

    Facts Are Facts

    There are times you simply can’t please everyone, and unfortunately, I believe the Keystone XL pipeline will be one of those times. The statistics support pipelines as the best way to transport crude oil, and I pride the US for allowing such a heavy debate to take place prior to making any life altering decisions. I think we’ve done a great job gathering and analyzing the facts, but now it’s time to rely on them. I’m now hoping for the Keystone Pipeline XL approval in the coming months, and want to know how many of you are too?

  2. Who’s got the Oil Drilling Rigs to Take on Texas?

    February 7, 2014

    Get ready Texas, North Dakota is bringing in more oil drilling rigs at an increasingly steady pace thanks to the discovery of substantial amounts of oil in the Bakken Formation. A recent article in the Bakken Oil and Business Journal talked about North Dakota’s potential to follow in Texas’s footprints, and become this century’s leading oil producer. It’s been found that historical events in Texas’ history are almost identical to that of which North Dakota is currently experiencing.

    texas vs north dakota for oil production

    The Comparison between Texas and North Dakota

    Just like anything new, everyone wants a piece of it, and it is no different when it comes to oil. New fracking technology has allowed us to uncover significantly sized oil reserves in North Dakota that are leading to a large influx of industrialization and increased employment opportunity. Along with this come problems such as housing crisis from the growing population. All of these growing pains can be attributed to the oil discoveries, and resembles a repeat of the Texas oil rush that began in the early 20th century.

    What All This Means for Texas Oil Drilling

    Long story short, it means Texas may not hold the throne in the US as the top oil producer forever. History has a way of repeating itself, and if that’s the case, it may just be North Dakota’s turn to rank in the top spot. Since the discovery of the Bakken Formation, oil reserve predictions for North Dakota have been severely underestimated, sometimes by almost 46%. North Dakota lawmakers can’t even keep up with the exponential growth of surplus. It was mentioned that by the time lawmakers finalize plans for using the funds, the funds will likely double.

    What This Does for the US and North Dakota

    The discovery of such large quantities of oil reserves is certainly beneficial to the state of North Dakota as it guarantees the expansion of drilling operations for at least the next two decades. The entire expansion will help drive up North Dakota’s population by offering plentiful job opportunities and increasing the value of land that current resident’s already own.

    Additionally, the North Dakota boom will contribute to the United States ability to surpass the current world’s top oil producers which are Russia and Saudi Arabia. Exactly when this will happen is unpredictable but IEA (International Energy Agency) claims it will be by 2015.

    Regardless, as the expansion progresses so will everything else, and in time, the need for oil drilling rigs will likely increase as well. Rig Source is ready for North Dakota just as it has been for Texas and many other oil rich states. We offer great deals on all types of oil drilling rigs and packages, and provide the best customer service around. To get into the one that is right for you, give us a call or visit our online oil drilling rig showroom. 

  3. 3 Things I Bet You Didn’t Know About an Atlas Copco RD 20

    January 8, 2014

    Complete Atlas Copco RD 20 set upIn the world of oil and gas drilling, an Atlas Copco RD 20 is just one of the many types of drill rigs available. However, what makes them special or unique?

    Well here is my list of unique characteristics that I bet you didn’t know about the RD 20 drill rig.

    1. Common Use – The most common use of an Atlas Copco RD 20 is for tophole drilling. In comparison to various other drills capable of doing tophole work, it is smaller in size and lower in cost. Tophole drilling has the potential of tearing up a rig due to the nature of rock it is attempting to cut through. Therefore, the Atlas Copco RD 20 is often times used for the rough drilling required before a larger piece of equipment comes through to complete the job. This ultimately saves a company from damaging the more expensive equipment.
    2. Directional Drilling Potential – While the Atlas Copco drill rig wasn’t built with the intention of doing directional drilling, the capability is there. This can save a company a step in the oil and gas drilling process because it is one less rig move that needs to be completed. Again, saving the company time and money.
    3. Set Up – One of the greatest aspects of the Atlas Copco drill rig and a major selling point is that it is completely self-contained. That being said, the set up is quick and can ultimately be put together in just a few hours.

    It’s always fun learning something new and exciting about the oil and gas industry. For additional information on Atlas Copco RD 20’s, you can always reach out to a major drilling equipment source such as Rig Source. Our website offers complete web listings with specifications on each type of Atlas Copco RD 20 available for sale. Additionally, you may choose to chat with an oil and gas drill rig sales specialist, or email drill rig questions directly to us. Inventory changes daily, but we currently have four Atlas Copco drill rig’s available so hurry in today!

  4. Feast Your Eyes On This Refurbished RD 20 Unit

    October 16, 2013

    Rig Source purchased, sold and refurbished an RD 20 Oil Rig for a company overseas. This unit was purchased just a few months back and has been receiving repairs and upgrades since. Over two hundred man hours have gone into the RD 20 project, and it has been one extreme make over for the oil and gas industry. This video shows the original condition of the Atlas Copco RD 20, and takes you through its entire transformation. Rig Source’s highly skilled service department started with an inspection and followed it up with a full repair of the sub structure, engine, hydraulics, and more. Every area of service played a role in completing this Atlas Copco RD 20 unit. In the next few weeks, this complete oil and gas Atlas Copco RD 20 package will ship to its new owners and spend the next decade drilling proficiently. Call Rig Source today at 630.365.1649 and discover what our service department can do for you, or email Matt to obtain full details on other oil and gas drill rig packages available.

  5. Safety is a Mindset: Drill Rig Safety Video

    June 11, 2013

    Here at Rig Source we care about our customers, and want to share a video titled, “Move It! Rig Move Safety for Roughnecks.”  The drill rig safety video originated from The National Institute for Occupational Safety and Health, and does a great job of reiterating the “Safety First” mindset.  It also touches on common rig safety hazards and best practices for overcoming them. Whether you have been drilling oil and gas wells for years or are just beginning your career, it is important to review drill rig safety on a regular basis.  It provides a baseline measurement of your own knowledge, and brings attention to areas that may need improvement.  So sit back, watch, “Move It! Rig Move Safety for Roughnecks,” test your knowledge, and seek ways to enhance your own oil and gas safety procedures.

  6. Zede Drilling Purchases Atlas Copco RD 20 III From Rig Source Inc.

    April 11, 2013

    Zede Drilling, located in the Republic of Yemen, recently purchased an Atlas Copco RD 20 from Rig Source Inc.  Atlas Copco RD 20 III Mike Zede, Owner of Zede Drilling, explained that while drilling for water with an Ingersoll Rand T4W, they had yet to reach water at 600 meters. He knew he needed to switch to a deeper depth drill and the Atlas Copco RD 20 was his first choice. Side View of Zede Drillings Atlas Copco RD 20 The Atlas Copco RD 20 is a versatile rig and can be used for both water well and oil & gas drilling. Zede plans to use the Atlas Copco RD 20 to drill for oil once his water well project in Yemen is complete. Want more information about oil & gas rigs for sale? Please call 630-365-1649 or email us.

  7. FEATURED: Oil and Gas Drilling Rig Packages

    February 7, 2013

    Rig Source Inc., is an oil and gas drilling equipment dealer with a wide variety of land drilling rig packages available for sale. To see all of the oil and gas drilling rig packages available, click here. With our team of experts we can help our customers throughout the selection process to find the best fit for the project.  Most drills come equipped with drilling rig packages, customized to your needs and can include everything from mud pumps, dog houses, drill collars, compressors and more.  Rig Source can also help provide transportation on an International or Domestic level. Featured drilling rig packages include: Gardner Denver DW-500 Land Drilling Rig PackageEmsco GA500 Oil and Gas Land Drilling Rig Package Gardner Denver DW-500Emsco GA-500 Land Drill Mid-Continent U-36 1000HP Land Drilling Rig PackageAtlas Copco RD20 III Oil and Gas Land Drilling Rig Package Mid-Continent U-36 DrillAtlas Copco RD-20 III For more information on any of our oil and gas land drilling rigs, drill packages, or shipping options, feel free to call us at 630-365-1649.

  8. Oil and Gas Drilling Rigs Available

    October 19, 2012

    Look for Rig Source in the 2nd October issue of Tradequip (page 30). It’s the largest PBIOS/Offshore Energy issue in the history of the magazine.  The publication will be distributed both at PBIOS and Offshore Energy. Rig Source offers Oil and Gas Drilling Rigs, such as the Atlas Copco RD20 or Schramm T130TXD, or even larger 1000-2000HP land rigs. We also offer complete drilling packages (to include drill strings, handling tools, fishing tools, mud pumps and mud systems, SCR houses, air packages and more).  See all Oil and Gas Drilling Rigs for sale – click here. Oil and Gas Drilling Rigs Available for SaleFor questions about our Oil and Gas Drilling Rigs or available package options, feel free to call us at 630-365-1649.

  9. Featured June Listings: Oil & Gas Rigs for Sale

    June 13, 2012

    Schramm TXD Drill Rig - Rig SourceAtlas Copco RD-20 Drill Rig - Rig SourceVariety of Oil & Gas RigsOIME SL-1500 RigRig Source has Oil & Gas Drilling Equipment for sale! Check the featured oil & gas rigs for sale that we are featuring in June!  If you’d prefer to receive our listings in your inbox, please sign up for our email list. 2007 Schramm TDX Complete package with pipe handling, mud pumps, mud system and BOP’s. 2007 Atlas Copco RD20 III This Atlas Copco RD20 drill comes equipped with an Ingersoll-Rand HR 2.5 Air Compressor. It also includes: a Floating Sub, 60-gallon Oiler, Bean 1000 PSI Water Pump, Diesel Fired Deck Pre-heater and a Hammer Tooling Kit. The drill comes mounted on a 2007 Tridem Crane Carrier with a CAT C13 380 HP Engine. Includes: Substructure (50’x14’x5′ with 36″ Folding Flaps), 2007 Sullair XHH 1150/350 Compressor, Hurricane Booster and 2500′ of double white inspected drill pipe Call for pricing and complete package details! 3 MD Cowan Super Singles Rig Source is proud to offer 3 used M.D. Cowan Super Singles! These are complete rig packages with top drive, mud pumps, mud system, pipe handling, SCR House, BOP’s and tubulars. Please contact Rig Source for a complete inventory and to schedule an inspection. OIME SL-1500 This OIME SL-1500 RIG has a depth rating of 18,000 feet and is in great working condition. See full unit specifications below. DRAW WORKS: OIME SL 1500, 1 1/4″ Drilling line BRAKE: Parmac 342 Hydromatic RIG DRIVE ENGINES: Caterpillar C-18 Diesel Engines RIG DRIVE TRANSMISSIONS: Allison Transmissions DERRICK: Pyramid 146 ft x 23 ft, 815,000 # SHL w/6 – Sheave Crown SUB-STRUCTURE: Pyramid 22.5 ft Swing Up ROTATING EQUIPMENT: Pyramid Hacker 275, Rotary Table RIG HOUSES: Alberta Fab, Alberta Labour Pusher House, 12 ft wide x 54 ft long with 2 bedrooms, 2 offices, Insulated, Skidded Shop MadeDoghouse, 8 ft wide x 38 ft long Want more information about these oil & gas rigs for sale? Please give Rig Source a call at 630-365-1649.

  10. Job Openings in Elburn, IL at Rig Source!

    June 6, 2012

    Thanks to the introduction of Terramac’s RT9 crawler carrier product, Rig Source has job openings in their Elburn, Illinois offices.

    What does Rig Source do? Rig Source sells and rents a variety of new and used drilling equipment to customers around the world.  We carry new and used drilling rigs from manufactures like: Atlas Copco, Boart Longyear, Geoprobe, Diedrich, CME and more.  We also rent and sell crawler carriers by Terramac, IHI and Morooka.  In addition we have a service department that can also refurbish or custom mount the machines we sell. We also have a full parts department.

    What’s it like to work at Rig Source? Maybe we’re a bit bias, but we think Rig Source is a really fun place to work!  Our employees constantly tell us they love working at Rig Source and many have been with us for years.  Rig Source has an energetic culture and values those with an entrepreneurial spirit.  We are looking for people who want to grow with us as we embark on an exciting new chapter of the company with the introduction of our new product, the Terramac RT9 rubber track crawler carrier.

    At the time of publishing this post we have these job openings:

    • Heavy Equipment Shop Manager
    • Experienced Heavy Equipment Sales Representative
    • Sales Assistant

    To view the full job descriptions and apply to open positions at Rig Source, please visit our careers page.

  11. Oil & Gas Drill Rigs for Sale: MD Cowan Super Singles

    June 1, 2012

    Have you’ve been looking for an oil & gas drill rig?
    Rig Source now has 3 used M.D. Cowan Super Singles available for sale!  We have complete rig packages with top drive, mud pumps, mud system, pipe handling, SCR House, BOP’s and tubulars.

    Check out the video below to see a MD Cowan Super Single rig in action!
    MD Cowan Super Single Oil & Gas Drill Rig

    The Super Singles we have for sale are brought to you by MD Cowan, Inc: a company with a reputation for excellence when it comes to identifying new market opportunities and refurbishing drill rig equipment.

    For more information on our MD Cowan drill rigs for sale or various other oil and gas drilling rigs, please give us a call today at 630-365-1649.

  12. 5 Reasons You Should Buy an Atlas Copco RD20

    May 8, 2012

    Atlas Copco RD20 for Sale1. The RD20 is made by Atlas Copco

    If there’s one manufacturer you should trust it is Atlas Copco. Drilling since 1972, Atlas Copco’s mission statement is to increase profitability for its independent drillers who rely on increasing productivity in order to reduce costs. You can trust that Atlas Copco’s self-contained, powerful and mobile drill rigs will serve your company’s needs for years to come.

    2. The RD20’s Powerful Feed Syetem

    Atlas Copco’s patented carriage feed system is the heart of the RD20 with a full 110,000 lb. (49,896 kg) of pullback to the RD20II and 120,000 lb. (54,446 kg) to the RD20III.

    With rapid feed speeds and precise weight control, you’ll benefit from the RD20’s advanced mechanics, which are designed to deliver optimum efficiency. The derrick eliminates compressive loads on the upper derrick, even at full pullback.

    3. Quick Pipe Handling

    Want proof of how Atlas Copco’s RD20 increases efficiency? Look no further than the fact that it only take 45 to 60 seconds to completely change or add drill pipe – a time significantly faster than that of a conventional drill rig.

    4. Pure Power

    The RD20 is powered by a Cummins QSK-19C, 755-hp deck engine. Here at Rig Source, we believe that Cummins engines are the most powerful and reliable engines available.

    The engine, compressor and hydraulic pumps of the RD20 are mounted on a floating powerpack base rather than directly onto the chassis mainframe. According to AtlasCopco.com, “this arrangement assures proper alignment of power components and decreases wear.”

    5. Versatility

    A variety of options come with the RD20 including three-inch/1500psi circulation piping. The RD20 also comes equipped with connections for an auxiliary compressor and booster. Optional water-injection systems, as well as oil injection for DHD operation are available.

    Rig Source has a used Atlas Copco RD20 oil & gas drill for sale so visit our oil and gas drill rig showroom.

    If you are looking for more information, give us a call today at 630.365.1649.