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Nabors Setting the PACE for Rig Moves

May 31, 2024

Sharpening the focus and process for rig moves has delivered best-in-class performance to our Lower 48 customers across major basins.

Efficiency is key to maintaining a competitive edge in oil and gas operations. By safely reducing the non-productive time associated with rig moves, customers can put more wells in the ground, generate higher returns, and increase cash flow.

To ensure we are helping our customers achieve successful rig moves, Nabors approaches pad-to-pad moves with five priorities in mind:

  1. Safety Leadership
  2. Strategic Planning
  3. Pre-Emptive Work
  4. Communication and Coordination
  5. Continuous Improvement

In 2024, Nabors is averaging 3.24 days per rig move, with times in West Texas and South Texas averaging sub-3 days.

 

Read more details on Nabors rig moves here.