The company wholly owns and operates an established oilfield services business in Trinidad (RRDSL). RRDSL has a successful track record of operations for over 15 years with one of the most modern land rigs in the Caribbean. The fleet comprises 7 land rigs, 4 of which were purchased brand new in 2015. The company is evaluating sale opportunities of these rigs.
Information on the rig fleet:
DRILLING RIGS
| RIG# | MODEL | DESCRIPTION | DRILLING CAPACITY (METRES) |
|---|---|---|---|
| 8 | IDECO 433 | 236,000 lbs hook load, 550 HP | 2,000 |
| 16 | QZ225/6-K | Standard A frame derrick, 506,250 lbs hook load, 2250 KN | 4,000 |
| 17 | ZJ-20 | 8 lines 1600 KN 359,694 lbs hook load | 2,000 |
| 18 | ZJ-15 | 8 lines 1350 KN, 303,492 lbs hook load | 1,500 |
| 19 | XJ100 – 10X8 F carrier | 8 lines 1350 KN, 303,492 lbs hook load | 1,000 |
PRODUCTION RIGS
| RIG# | MODEL | DESCRIPTION |
|---|---|---|
| 2 | Cooper SP 300 | Workover rig. 109,000 lbs hook load, 3600 ft single rack back, 238 HP |
| 6 | DIR-308 | Workover rig. 212,000 lbs hook load, 8400 ft double rack back, 335 HP |
