Why should you choose Kaishan DTH drilling rigs?

Kaishan DTH drilling rigs have been widely used in construction, geology, water conservancy, environmental protection and other industries, winning the trust and praise of customers. No matter what type of project you need to perform, we can provide you with the highest quality down-the-hole drilling rigs and comprehensive services.

How much does a drilling rig cost in 2025?

Here’s a table comparing the costs to buy new, buy used and rent a drilling rig in 2025: The cost of buying a new drilling rig ranges from $3-4 million for basic land rigs to over $1 billion for advanced offshore rigs.

How much does a drilling rig cost?

Looking at the total cost of a drilling operation means more than just the rig's price. Fuel costs for big rigs can add up quickly, as they run non-stop. For example, drilling a horizontal well can cost over $4 million and take about three weeks. Another big expense is labor. The job needs skilled people, with 40-50 companies often involved.

Who is Zhejiang Kaishan heavy industry?

Zhejiang Kaishan Heavy Industry, part of Kaishan Group, manufactures advanced drilling equipment for mining, military, and construction. We offer safe, efficient, and customized solutions, with products in over 60 countries.

How much does it cost to build an offshore oil rig?

Building an offshore oil rig typically costs between $500 million and $1 billion. The price varies based on the type of rig, water depth, and the complexity of its design and equipment. Deepwater rigs, which need more advanced technology, are at the higher end of this range. How much does it cost to build a drillship?

How much does a rotary rig cost?

Rotary rigs are common in many fields. Automated drill rigs (ADRs) cost about $25 million and are key in oil sands. Knowing these types helps estimate costs for specific projects. The cost of a drilling rig depends on several factors. The size of the rig is a big factor, as bigger rigs need more materials and cost more to make.