HOUSTON, TX--(Marketwire -05/02/12)- Drilling Structures International, Inc. (DSII) (www.DrillingStructuresIntl.com) will unveil its proprietary Self Erecting Land Rig (SELRig), an unprecedented new technology currently not available in the global drilling market, to worldwide energy leaders, oil field executives and corporations during a private ceremony.
SELRig's unmatched engineering features were designed to best address the needs of the operator, including being self-erecting/self-leveling, and offering adaptability to its environment. This new technology provides unmatched safety for workers, reducing loads, and cranes on rig-up to zero. The SELRig ensures little downtime by design, defining the most cost effective and efficient rig available to the global market.
"DSII is proud to introduce the Self Erecting Land Rig, we call it the 'SELRig,' a revolutionary new rig that will redefine everything you expect from a land rig," said Mr. Phillip Rivera, Sr., Founder & President of DSII. "Others may claim it, but no one else has our technology. We built this with our own money -- and we are ready to show the world what we can do with our unmatched technology and expertise."
The evolution of the Fast Move Drilling Rig has led API 4F rig manufacturers to creatively design today's land based drilling rigs. The competitiveness of fast rig moves provides unprecedented capacity and speed for the driller. The SELRig meets the market demand in stride, exceeding expectations in speed and the stringent trucking requirements. The SELRig integrates the desires of the drilling contractors and operators for offering oil companies what is the basis for securing drilling contracts. The DSII SELRig is the lightest, most powerful compact and nimble drilling rig ever manufactured.
Built with 100% American equipment and steel.
- SELRig can be purchased and later modified at anytime to provide skidding and/or walking capability -- alleviating an operator of unforeseen operational and/or maintenance costs.
- A 100% American made product.
- Designed to meet and exceed the most stringent safety standards in the world.
- Completely crane-less.
- Cost-effective to operate.
- Ships in under 30 loads reducing trucking costs.
- Rigs up in two days (compared to four/seven days with other rigs).
- Can manage Multi-Pad Drilling (can walk from well to well without the use of an on-site crane or rigging down).
- Walks at a rate of one foot per minute compared to a 2 to 3 day rig move.
- Unprecedented adaptability, unmatched quality and reliability.
"We understand market value and we beat our competitors on price and quality every time. SELRig is the safest and most cost effective drilling rig currently available. We designed the SELRig to help the world more safely, economically and quickly develop its energy supply," said Mr. Phillip Rivera, Sr., Founder & President of DSII. "We are more than the drilling side."
About Drilling Structures International, Inc. (www.DrillingStructuresIntl.com):
DSII designs and manufactures superior quality drilling rigs and rig systems as well as providing top level inspection, maintenance and installation services worldwide since 1973. Based in Houston, DSII is independently family-owned and operated and has been dedicated to providing innovative, cost effective and dependable products and is an API 4F certified manufacturer of masts, substructures and crown assemblies. Our goal is to provide oilfield products and services that not only satisfy statutory and regulatory requirements, but also raise the bar in the industry by catering to a customer's specifics needs while exceeding our customers' requirements and expectations.
About Mr. Phillip Rivera, Sr. - President & Founder of DSII
Mr. Phillip Rivera, Sr., President & Founder of DSII, began his career in 1971 as a subcontractor and owner of an oilfield manufacturing business. In this capacity, as he gained valuable experience, Mr. Rivera Sr. helped pioneer the industry by designing innovative drilling rig equipment that was more efficient to manufacturer and of greater value to the drilling contractor's bottom line. Mr. Rivera Sr. continues to be a leader in the drilling rig manufacturing industry.
About Mr. Phillip "P.J." Rivera, Jr. - Executive Vice President of DSII
Phillip "P.J." Rivera, Jr., Executive Vice President of DSII, began his career in the industry at a very young age. He continued to rise through the company ranks with hard work and determination, combined with skill and experience to become another pioneer in the drilling rig industry. By starting as a young member of the rig up crew in the DSII yard, he gained valuable hands-on experience fabricating the product that he designs and sells today.
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