Compliance with Tier 4 Final emissions regulations has significantly increased the cost of new drilling rigs. While the ability to reduce emissions is attractive in the highly regulated drilling industry, the extra costs of compliance have left some contractors uncertain about the affordability of a new rig and its possible impact on the bottom line.
Remanufacturing is a cost-effective and reliable alternative to purchasing new equipment for price-conscious contractors and those who prefer the ease of lower-tier machine operation and maintenance.