Considerations When Purchasing a Drill Rig

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Considerations When Purchasing a Drill Rig
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In the mineral exploration drilling business,
drill rigs and equipment are critical to winning
bids, completing contracts, and making money.
Weve felt frustration over broken equipment, the
suffered losses from downtime and interrupted
schedules. We realize the challenges of meeting
budgets and controlling costs. To help
contractors, we pioneered repairing underground
locating equipment, considered non-repairable in
the past a first for the industry.

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1. Resources
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Besides just costs, other factors include whether
the drilling company has the time, talent, and
capabilities to do an overhaul on a drill rig
that has been idle and needs work. An overhaul
can take three to four months and requires the
facilities, tooling, a labor pool of mechanics
with the time (they may already be working on
other rigs to keep them running), and the
knowledge to get drill rigs ready to mobilize for
drilling contracts.
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With the improving market, everyone can expect
longer lead times whether youre rebuilding or
buying new. When the market is in a decline or
really low, inventory is higher, plants arent as
busy building new rigs, and lead times are
reduced. As the market improves and contracts
increase, inventory is lower, plants are busier
building more rigs and lead times tend to be
increased.
2. Availability
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3. New Technology
If you have an older drill rig fleet, buying a
new drill rig provides an opportunity to drill
more productively for more meters. Newer rigs are
generally more productive, provide more reliable
uptime, and have a lot more built-in safety
features than older rigs. 
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3. Why buy Drill Rig?
Take time to consider your options. Evaluate your
current drill rig fleet and consider what it will
take to get everything maintained and updated to
be competitive. Does your drilling rig take
advantage of recent innovations and meet the
latest safety standards? If repairs and available
parts outweigh returns, look at updating your
fleet.
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Phone Number
727-492-6587
Email Address SALES_at_UCGHDD.COM
Contact Us For questions or concerns
Website
https//ucghdd.com/
Addres
2655 ULMERTON RD. SCLEARWATER, FL. 33762 UITE 209
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Thank You