1. AEMA Annual Meeting & Exposition – Booth #334

    November 21, 2016 by Savannah Adkins
    AEMA Logo
    Rig Source is proud to be exhibiting at the American Exploration & Mining Association’s Annual Exposition going on December 7-9, 2016 at the Nugget Casino Resort in Sparks, Nevada.

    Just two short months after exhibiting at the world’s largest mining show- MINExpo 2016, we are back in the presence of the mining industry to continue educating members on the benefits and uses of crawler carriers. We’ve chosen to return to the AEMA exhibition because it has a history for attracting thousands of attendees from all over the world dedicated to mining technologies and developments. Rig Source has a long standing reputation for providing exploration drillers top notch drilling equipment, including track mounted drills, and we firmly believe the industry will benefit from further use of tracked vehicles. As a dealer for Terramac crawler carriers we offer exploration drillers the equipment necessary to reach remote site locations and explore problematic terrain. More recently, the rubber tracked technology of Terramac carriers has been used for dust suppression, tailings pond management, dam and dyke repair and general right of way construction projects.

    To learn more about the benefits and uses of crawler carriers, or to discuss other exploration drills and equipment available through Rig Source, please give us a call at 630.365.1649.



  2. End of Year Savings

    November 15, 2016 by Savannah Adkins
    Section 179 and Bonus Depreciation Available for 2016 Purchases

    Do not let the year slip by without taking advantage of special tax benefits on new and used equipment purchases. Both Section 179 and Bonus Depreciation have been approved for a limited time through December 31, 2016. In order to qualify for these tax breaks, you must purchase or finance your equipment by December 31, 2016.

    Rig Source has a complete inventory of drill rigs and crawler carriers ready to start working on your next jobsite project. We offer sales on both new and used equipment in order to meet the needs and budget of every customer. Within our own shop, we specialize in servicing the industry leading, brand name equipment you’ve come to rely on, and even work direct with manufactures on customizations. Our dedicated sales team is knowledgeable in every type of drilling and can work with you to build a rig to suit.

    Understanding The Benefits

    2016 Deduction Limit = $500,000

    • This deduction is good on new and used drill rigs or crawler carriers, parts and other business assets.


    2016 Spending Cap on Equipment Purchases = $2,000,000

    • This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar for dollar basis.

    2016 Bonus Depreciation = 50%

    • Bonus Depreciation is only available on new equipment, and is generally taken after the Section 179 Spending Cap is reached.

    Section 179 and Bonus Depreciation Chart

    At a 35% tax rate, tax savings would be $206,500.00 ($590,000 x 35% tax rate)

    For more information on equipment eligible for Section 179 or Bonus Depreciation tax credits, give Rig Source a call at 630.365.1649.

    *For more information regarding the details of Section 179 and Bonus Depreciation, please contact your local government agency and tax advisers.



  3. Protecting Our Ground Water

    March 11, 2016 by Savannah Adkins

    NGWA Ground Water Awareness

    Rig Source is a proud supporter of National Ground Water Awareness Week and is sponsored by the National Ground Water Association (NGWA). As a longtime member of the NGWA, Rig Source plays an active role in protecting the Earth’s ground water by providing superior drill rig sales, rentals, service and support to geotechnical and environmental drilling contractors responsible for installing monitoring wells and product recovery wells. Water is one of the world’s most precious resources so it is imperative we have the proper tools and resources to monitor our ground water supply, prevent contamination and clean up potential hazards.

    Monitoring Well Drill Rigs

    Rig Source provides a great selection of drill rigs used for monitoring well work which includes brands such as Diedrich and Geoprobe. Diedrich drills are full size rigs which accommodate larger drilling diameters and deeper depths, and are available in four sizes – D25, D50, D90 and D120. The full size Diedrich rigs can be truck or track mounted to reach just about any jobsite regardless of the terrain. The use of Geoprobe drills is another option for monitoring wells or product recovery wells due to their ability to fit into limited access areas with ease. The most popular models for this type of work are the 7822DT’s and 6620DT’s.

    Drilling Support

    What sets Rig Source apart from various other suppliers is their ability to work hands on with their customers. Rig Source doesn’t just make a sale to geotechnical and environmental companies, but rather they take an active lead in supporting their endeavors. They offer a large fleet of rental drill rigs with flexible rental terms so contractors have equipment readily available, and a full service shop to keep drillers up and running at all times. For more information on Rig Source or how we support geotechnical and environmental contractors with drilling equipment for ground water protection, give us a call at 630.365.1649.



  4. Changes to Pay Attention to in 2016

    February 5, 2016 by Savannah Adkins

    2016 Laws Expected to Affect Customers2016 marks a big year of change for laws that have potential to affect many of our drill rig and crawler carrier customers. New laws have gone into effect, and some previous laws are set to be enforced by the end of the year. As your trusted equipment supplier we analyzed these changes to determine how they could affect you. We want our customers to be fully informed so they can continue to make the best decisions and equipment purchases for their growing business.

    Section 179 – Bonus Depreciation

    First and foremost, are you aware of the latest changes to Section 179 tax deductions for equipment purchases? While Section 179 has been available in the past, the rules have changed. This year both the House and Senate passed “Protecting Americans from Tax Hikes Act of 2015” which permanently increased Section 179 tax deduction limits to $500,000, and extended 50% bonus depreciation through 2019. Prior to this law taking place, Section 179 was temporarily approved on an annual basis. The temporary re-approvals were nice, but they didn’t provide equipment buyers adequate time to complete equipment purchase transactions in time to qualify for the deduction. Therefore, the permanency of Section 179 is ideal for our drill rig and crawler carrier customers seeking to purchase equipment now and in the years to come. The new law gives buyers the time they need to plan and forecast equipment needs, shop for the right equipment, and feel confident the Section 179 tax deduction is going to be there for them.

    Oil Export Ban Lifted

    Forty years later, the US ban on oil exports has been lifted! This is exciting for our customers within the oil and gas and pipeline industries.  It is expected that this lifted ban will expedite a higher demand for the US to grow our oil transport infrastructure, and in return open up thousands of new job opportunities for industry members. Keep in mind environmental protection is still of utmost importance while we grow the US infrastructure so it is imperative for contractors to remain conscious of environmentally friendly practices while on jobsites. Taking action by utilizing heavy equipment like crawler carriers which are known for leaving behind some of the smallest environmental footprint is one way you can help protect the ecosystem.

    Tier 4 Emissions Standards

    The Environmental Protection Agency (EPA) introduced Tier 4 engine emission standards back in 2004, and has allowed a phase-in period for manufacturer compliance which is largely coming to an end in 2016. The purpose of the Tier 4 engine standards by the EPA is to reduce engine emissions in an effort to comply with stricter Clean Air Act guidelines. What you need to know as an equipment consumer is equipment already utilizing Tier 4 engines also comes with a heftier price tag. Additionally, Tier 4 engines may use different fuel which increases the amount of maintenance required to uphold the equipment. To date, many equipment manufacturers have already conformed to the new Tier 4 engine standards leaving it very difficult to come across Tier 3 equipment still in production.  However, there are some manufacturers like Terramac® who are still offer offering Tier 3 models through the remainder of 2016. Therefore, if you are looking to add to your equipment fleet, 2016 may be good year to do so in order to take advantage of Tier 3 options that will soon be no longer be available.

    *This is a brief overview of the laws that have potential to affect our customers this year. For more information regarding the details of these laws, please contact your local government agency and tax advisers.

    Sources:

    1. The Section 179 Deduction. (2016, January 1). Retrieved from http://www.section179.org/
    2. Speaker Ryan Press Office. (2015, December 15). Lifting the Oil Export Ban: By the Numbers. [Blog Post]. Retrieved from http://www.speaker.gov/general/lifting-oil-export-ban-numbers
    3. Associated Equipment Distributors. (n.d). Clean Diesel Technology For Off-Road Engines and Equipment: Tier 4 and More. Retrieved from http://www.aem.org/PDF/DTF_Tier4WP_FIN.pdf


  5. Crawler Carrier Uses Broken Down by Region & State Continued – Part 3

    October 30, 2015 by Savannah Adkins

    Welcome back to part three of our series covering the use of crawler carriers across various regions of the US. Click on the links provided to catch up on the Western Regions or Mid Regions of the US. Otherwise, read on and enjoy learning about crawler carrier usage along the Eastern regions of the US.

    Travel the Eastern Regions of the US on Tracks

    New England Region – Encompassing the states of Connecticut, Maine, Maryland, Massachusetts, New Hampshire, Rhode Island & Vermont.

    • New England is one of the most historic regions of United States, and with that comes an older infrastructure requiring a great deal of maintenance and repair. Crawler carriers benefit the New England region by providing the local industries with reliable equipment capable of adapting to the various seasons and infrastructure needs such as pipeline repair, environmental restoration, and utility maintenance. The most commonly sought after crawler carrier attachments for this region are standard dump beds, tac welders, water tanks, pipe heating units and more.

    Mid-Atlantic Region – Encompassing the states of Ohio, Pennsylvania, West Virginia, New Jersey & New York.

    • The Mid-Atlantic Region is truly the heart of pipeline work for the Unites States because it contains the Marcellus and Bakken Shales. The Marcellus Shale is the largest source of natural gas in the United States so it is no wonder that crawler carrier usage is at its highest rate for the country in this region. Crawler carriers are used in every step of the pipeline process; beginning with utility locating and finishing up with land restoration. Top attachments used for crawler carriers across the entire Mid-Atlantic Region include, vacuum excavators, water tanks, cranes, tac welders, personnel carriers, compressors, hydroseeders, bark blowers and straw blowers.

    South-Atlantic Region – Encompassing the states of Delaware, Virginia, North Carolina & South Carolina.

    • The South-Atlantic Region is a hot spot for a multitude of industries, and crawler carriers are used routinely due to their versatility across a wide variety of terrain conditions. This region includes the Appalachian Mountains and is also home of the Coastal Plaines. The Proximity to the Mid-Atlantic Region means pipelines are still among the top local industries to depend on crawler carriers, but the units are also being used for earth moving and excavation projects which require attachments such as hydroseeders, bark blowers, straw blowers and rock beds. As you travel into Virginia, the use of crawler carriers is also increasing for the utility market.

    Southeast Region – Encompassing the states of Georgia & Florida.

    • Surrounded largely by water from both the Gulf of Mexico and the Atlantic Ocean, the Southeast Region has found crawler carrier use a key tool for shoreline restoration as well as land reclamation. This is a tourist region so using low impact equipment like carriers that have low ground pressure assist both Georgia and Florida in preserving their environments for visitors. Pipeline projects such as the Sabal Trail Transmission are also expected to increased crawler carrier usage once the project commences in 2016. The last prominent use of crawler carriers for mention in the Southeast Region has been in utilities. Digger derricks and boom lift attachments are being mounted to the rear of crawler carriers more and more which is allowing easier accessibility to utility pole installation sites.
    Regional Wrap Up

    Crawler carrier usage among all regions in the United States has been on a tremendous upward growth pattern in recent years as more and more as technological advancements to crawler carriers have been introduced. Each new advancement has made work in these trade industries that much easier and safer than ever before. The adaptability of crawler carriers to hold various specialty attachments, and interchange them with ease also enhances productivity for employers by providing their workers with all the tools necessary, even in remote locations to continue working. There isn’t an industry out there that couldn’t benefit from crawler carriers, and as future uses come about and new attachments are developed – you can count on Rig Source to keep you informed and your fleet stocked!

    *Common Crawler Carrier Attachments Mentioned Throughout the Series: Standard Dump/Flat Bed, Dust Suppression Spray Boom, Fuel Tank, Rock Bed, Tac Welder, Personnel Carrier, Pipe Heating Unit, Compressor, Bark Blower, Hydroseeder, Water Tank, Knuckle Boom Crane, Geotechnical Drills and Straw Blowers.



  6. Gear Up Drillers – The 2015 NDA Convention Is Here

    September 10, 2015 by Savannah Adkins

    Pack your bags for this year’s NDA Convention, and stay on the forefront of geotechnical, environmental & mineral exploration drilling methodology and technology.

    2015 NDA Convention

    2015 NDA Convention – September 17-18

    The National Drilling Association Convention is an annual event hosted by the NDA and sponsored by its members and affiliates of the drilling industry. This convention has been noted for providing excellent networking opportunities within the industry, and provides ample educational opportunities for businesses to learn how to best service their customers. As long time members of the NDA, Rig Source continues to support their annual convention, and highly recommends those in the industry take part. Location: Turf Valley, Ellicott City, MD.

    Rig Source’s Contribution

    As a drill rig sales, rental and service center for the geotechnical and environmental drilling industries, Rig Source will be exhibiting at the NDA Convention, and would love to see you at our booth. If you’re an existing customer, stop by and share your latest drilling story with us. We enjoy hearing about the work our drilling rigs have mastered since leaving our shop, and how they have benefitted you as a driller. Additionally, if you’re new to the industry, be sure to drop in and introduce yourself. We welcome all new industry members and look forward to sharing our services with you. During the convention, owners, Mike & Lisa Crimaldi will be available to discuss drilling rig options with you, and offer creative equipment solutions for your specific drilling projects.

    Special Recognition

    Rig Source would also like to make special mention that two of our long time customers, Chuck Valenta of Terracon and Dan Dunn of Major Drilling America, Inc. will be conducting a transformative safety panel discussion during the convention. Topics will include accidents, safety and solutions to help prevent drilling related accidents from occurring. These two gentlemen are experts in the geotechnical and environmental drilling industry so you won’t want to miss out on the opportunity to gather some of their tricks of the trade.

    For more information on Rig Source or our NDA Convention Sponsorship, please give us a call at 630.365.1649.

     



  7. Crawler Carrier Uses Broken Down by Region & State Continued – Part 2

    August 17, 2015 by Savannah Adkins

    This is part two of a three part series that takes a look at crawler carrier usage across the different regions of the US. Click on the link to catch up on our previous post which covered crawler carriers in the Western regions of the US.

    Travel the Mid Regions of the US on Tracks

    The Great Plains Region – Encompassing the states of North Dakota, South Dakota, Nebraska, Minnesota, Iowa, Wisconsin, Illinois, Arkansas, Missouri, Michigan, Indiana, Kentucky & Tennessee.

    • Within this region, the three states of North Dakota, South Dakota and Nebraska which hold the Bakken Shale have extremely high crawler carrier usage rates. These states are expanding rapidly in the oil and gas market, and crawler carriers have been the all-in-one piece of heavy equipment capable of adapting to the multitude of jobs required for pipeline work. The remaining Midwestern states have also found various uses for crawler carrier’s rubber tracked technology, but among a broader group of industries, and are used more so for niche jobs when inclement weather hinders work sites. Industries have included mine reclamation, utility, general construction and excavation as well as pipeline work. Due to the variety of industry demands, this region uses one of the widest arrays of specialized crawler carrier attachments such as tac welders, personnel carriers, water tanks, cranes, spray booms, hydroseeders and standard dump beds.

    Southern Plains – Encompassing the states of Oklahoma & Kansas.

    • This region is best known as “Tornado Alley,” and has seasonal climates which make predicting and planning for outdoor work a struggle. Pipeline work is in full force in the Southern Plaines and therefore much like the Western regions becomes the most prevalent industry for crawler carrier use. Rubber track technology allows carriers to continue working even when the terrain is not in its best condition. Pipeline attachment features used in this area include welders, personnel carriers, and even standard dumps. While pipeline is the primary usage, states such as Kansas have found crawler carriers useful for the utility market for the installation of utility poles.

    Gulf Coast Region – Encompassing the states of Alabama, Mississippi, Louisiana & Texas.

    • Swampy, humid and wet conditions frequently noticed in the Gulf Coast region require the use of crawler carriers on a regular basis. This is a primary region for the Unites States oil and gas extraction so pipeline distribution is a major focus. Among the states included in the Gulf there is a high volume of crawler carriers being used for pipeline installation and maintenance as well as services assisting pipeline work such as potholing with track mounted vacuum excavators.

    For more information on crawler carriers in the Mid Regions of the US, give Rig Source a call today at 630.365.1649. Otherwise, stay tuned and follow the Rig Source news feed for part three, crawler carriers in the Eastern Region.



  8. Crawler Carrier Uses Broken Down by Region & State

    July 27, 2015 by Savannah Adkins

    Crawler carriers are making an impact among numerous industries across the United States, and their efficacy is being unraveled daily. Their impacts along with increased market exposure highlighting the benefits and value associated with crawler carriers are triggering increased popularity and demand at a fast pace. To top off the craze, new technological advancements in crawler carriers, and the introduction of a North American made unit – The Terramac® RT9, only increase the hype.

    As a dealer for top brand name Terramac® crawler carriers, and a well reputed used sales, rental and service provider of all brand name crawler carriers such as Morooka, IHI and Komatsu, we’ve analyzed our own crawler carrier sales and rental usage to give you a breakdown on exactly which industries are gaining the most from crawler carriers and sorted the data by region to demonstrate how various regions of the US differ with their crawler carrier use. Follow us in a three part journey as we travel the US on Tracks!

    Travel the Western Regions of the US on Tracks

    Northwest Region – Encompassing the states of Alaska, Washington, Oregon, Idaho, Montana, Wyoming, Utah & Colorado.

    • The Northwest region is often divided in two sub regions due to the Cascade Mountain Range. Within this division, it is noted that the far west states of Washington and Oregon find crawler carrier use a popular choice for dealing with the mountainous and often times wet terrain. This area is a hotspot for growing oil and gas pipelines since it is in close proximity to Canadian Shales as well as the Bakken. On the East side of the Cascades, pipeline work also plays a hefty role in crawler carrier usage, but crawler carriers are also being used frequently for mine reclamation and tailings pond maintenance. Common crawler carrier attachments found in the Northwest region include convertible dump/flat beds, personnel carriers, tac welders and dust suppression spray booms. Other industry uses in this region have included damn restoration and geotechnical drilling.

    Southwest Region – Encompassing the states of California, Nevada, Arizona & New Mexico.

    • States in this region are recognized for high copper production, and have both active and residual mines to show for it. Similar to the Northwest region, Mine Reclamation is in its prime as new environmental laws go into effect to protect the environment, and with that comes the increase demand for crawler carriers. Among the Southwest region, crawler carriers utilized for dust suppression on tailings ponds have taken the lead for usage in the region. California has also seen an increase of crawler carrier usage for exploration drilling, and due to the sandy conditions of the desert in this region they have become attractive to those in the utility market for their unstoppable rubber tracked technology. Common attachments found in the utility market include digger derricks, aerial devices and fifth wheel hitches in addition to the standard flat and dump beds.

    Island Region – Encompassing the state of Hawaii

    • The only state not attached to continental North America, Hawaii has less frequent crawler carrier use than the other states, but is a likely candidate for land excavation and reclamation, utilities and shoreline restoration. Hawaii is home to some of the world’s best beaches, varying altitudes and lavish rainforests. The use of rubber tracked equipment is ideal for sensitive terrain such as this to minimize environmental damage.

    That wraps up crawler carrier usage in the Western regions of the US so stay tuned and follow Rig Source’s news feed for the remaining Mid region and Eastern region updates.



  9. Rig Source Scheduled to Attend South Atlantic Jubilee

    July 14, 2015 by Savannah Adkins

    Logo for South Atlantic Jubilee Water Well ConventionJoin us in Myrtle Beach, South Carolina – July 25-27, 2015.

    This year marks the 60th anniversary for the Jubilee Water Well Convention. This convention focuses on informing and educating professionals in the groundwater industry on state-of-the-art products and services as well as innovative drilling and installation techniques. Attendees are requested to appear to network, share and experience all the offerings the South Atlantic Jubilee provides.

    Rig Source Booth Information for Jubilee Convention

    As your first choice for drill rig sales, rental and service, Rig Source is proud to be exhibiting at booth #825 inside the Myrtle Beach Convention Center. Rig Source has been supporting the South Atlantic Jubilee for years, and is excited to return again this month to build upon their ever increasing network. Whether you’ve seen them before or simply heard about them through the grapevine, stop by to visit with their South Atlantic Regional Sales Representative, Jesse Whittaker and Director of Sales, Matt Slater. Both team members will be available throughout the event for discussing reliable and affordable drill rig options, and will also educate attendees on new drill rig mounting options available to customers, such as Terramac® crawler carriers.

    As the Jubilee Convention draws near, it is encouraged you to register today to guarantee your badge. This is a family friendly event as well so do buy extras, and bring the kids by Rig Source’s  booth for a youth sized hard hat give-a-way! Rig Source is excited to see you at the convention, and looks forward to promoting expansion in the water well industry along with you in just a few short weeks.

    If you have any questions regarding Rig Source’s exhibit at the South Atlantic Jubilee, please call 630.365.1649 to discuss.



  10. Rent Crawler Carriers Before You Buy

    June 4, 2015 by Savannah Adkins
    One more way we ensure customer satisfaction!

    Wouldn’t it be great if you could test a rubber tracked carrier before you determined if it was the right piece of equipment for you? We provide you the option to rent all of our name brand carriers, including Terramac®, Morooka and IHI before you purchase. This opportunity is available on new and used carrier units as well as crawler carriers with customized attachment features. Our flexible rental options are intended to accommodate your needs so learn what’s available and reap the benefits today!

     

    Benefits Of Renting A Carrier Before Purchasing

    As your one stop shop for crawler carrier rentals and purchases, Rig Source strives to make the process as simple as possible. Over the years, we’ve learned that our customers appreciate the benefits associated with renting before buying. Two of the biggest benefits are the ability for customers to familiarize themselves with new equipment and at the same time tryout the crawler carrier they’re considering buying.

    Maybe you’re not too familiar with crawler carrier products or maybe you haven’t seen the full scope of tracked carrier capabilities, but renting before you buy provides you the time and practice to learn. Taking a rental crawler carrier out on the jobsite allows customers to put our rubber tracked carriers to the test to ensure they are meeting all the requirements necessary to later justify their purchase. (more…)