Do you know where to find the best oil rig in Houston, Texas? This article will answer your questions about the oil rig job in Houston. Here's a closer look at one of the best rigs in Houston. A little background first: a Parker Drilling Offshore oil rig is called Rig 25J. This drilling vessel is an independent leg cantilever jack-up that works in 200-foot water depths.
In recent years, oil production in Texas has grown by over two-thirds. In January 1999, the state produced over 39 million barrels. As of August 2015, 176,000 oil wells in Texas produced 106 million barrels - the largest year in U.S. oil production history. This means that the state of Texas is helping to fuel the country's economic growth and boosting local economies. Currently, oil and gas companies are moving to Houston, which is transforming into the energy capital of the world.
In recent years, the number of oil rigs in the U.S. has fallen to its lowest level since March 2017, when the oil bust hit the country. Today, according to Enverus, there are 830 active drilling rigs across the country, with nearly half of those in Texas. Roughly half of the Texas horizontal drilling rigs are contracted to three exploration and production companies.