Results for tag: "Rotary Blasthole Drilling Rig"

Rotary blasthole drilling rigs are a type of heavy equipment used predominantly in the mining industry but also find applications within oilfield services as part of the exploration and production phases. These specialized drilling rigs are designed to create deep, large-diameter holes necessary for the detonation of explosives to facilitate material fragmentation which is then extracted for processing. In the oil and gas sector, however, their role is more focused towards the initial geological exploration and preparing the ground for setting up the infrastructure necessary for oil extraction. The devices are highly valued for their efficiency, precision, and the ability to drill through tough geological formations. The market for rotary blasthole drilling rigs within the oilfield equipment and services sector is determined by the demands for oil and minerals extraction, technological advancements in drilling techniques, and investment in exploration activities. These rigs are tailored according to the specific requirements of the operation including the terrain, type of mineral resource, and the environmental conditions of the drilling site. Prominent companies in the rotary blasthole drilling rig market often include firms that are also recognized for their contributions across various sectors of oilfield services and mining equipment. Some of these companies are Atlas Copco, Sandvik, Caterpillar, Komatsu Ltd., and Epiroc. They not only manufacture drilling rigs but also provide after-market services and support, ensuring the sustainability and efficiency of drilling operations. Show Less Read more