Fist(noun) the hand with the fingers doubled into the palm; the closed hand, especially as clinched tightly for the purpose of striking a blow. Fist(noun) the talons of a bird of prey. Fist(noun) the index mark [/], used to direct special attention to the passage which follows. Fist(verb) to strike with the fist.
A good used workover rig (single) including rig tank, rig pump, doghouse, and rig tongs can be had for around $1 Million. A good new work over rig (single) including all the aforementioned stuff is ~$3 Million. I don't know how much more a double or triple would be, but I'm guessing in that same ballpark. A new drilling rig is in the $10 Million range, although you can get used ones for far cheaper.
Sign me up for the Money Morning newsletter. Current crude oil prices remain below $52 a barrel today (Friday). This comes at the end of a week that has seen a 3.8% drop so far. By 10:30 a.m. today, WTI oil prices were down 0.74% to $50.78 a barrel.