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.
The EIA forecasts that Brent crude oil prices will average $61/bbl in 2015 and $67/bbl in 2016, $3 less than the agency forecast for 2016 prices in last monthâs STEO. WTI prices are expected to average $56/bbl in 2015 and $62/bbl in 2016, maintaining a $5 spread with the international crude benchmark for both years.est Texas Intermediate is expected to average $5 less than Brent for 2015-2016. The Energy Information Administration (EIA) released its Short Term Energy Outlook (STEO) for the month of May, showing prices for both Brent and West Texas Intermediate (WTI) are stronger than in the past.