Nabors Industries Ltd's Suppliers recorded an increase in sales by 15.69 % year on year in Q2 2026, sequentially sales grew by 10.4 %, Nabors Industries Ltd recorded an increase in cost of sales by 3.82 % year on year, sequentially cost of sales grew by 2.85 % in Q2.
Nabors Industries Ltd's Suppliers recorded an increase in sales by 15.69 % year on year in Q2 2026, sequentially sales grew by 10.4 %, Nabors Industries Ltd recorded increase in cost of sales by 3.82 % year on year, sequentially cost of sales grew by 2.85 % in Q2.
Land Rigs. A land-based drilling rig generally consists of engines, a drawworks,
a mast (or derrick), pumps to circulate drilling fluid under various pressures,
blowout preventers, drill string and related equipment. The engines power the
different pieces of equipment, including a rotary table or top drive that turns
the drill string, causing the drill bit to bore through the subsurface rock layers.
Rock cuttings are carried to the surface by the circulating drilling fluid. The
intended well depth, bore hole diameter and drilling site conditions are the principal
factors that determine the size and type of rig most suitable for a particular
drilling job.
Special-purpose drilling rigs used to perform workover services consist of a mobile
carrier, which includes an engine, drawworks and a mast, together with other standard
drilling accessories and specialized equipment for servicing wells. These rigs
are specially designed for major repairs and modifications of oil and gas wells,
including standard drilling functions. A well-servicing rig is specially designed
for periodic maintenance of oil and gas wells for which service is required to
maximize the productive life of the wells. The primary function of a well-servicing
rig is to act as a hoist so that pipe, sucker rods and down-hole equipment can
be run into and out of a well, although they also can perform standard drilling
functions. Because of size and cost considerations, these specially designed rigs
are used for these workover services rather than larger drilling rigs typically
used for initial drilling.
Land-based drilling rigs are moved between well sites and among geographic
areas using our fleet of cranes, loaders and transport vehicles or those of
third-party service providers. Well-servicing rigs are typically self-propelled,
while heavier capacity workover rigs are either self-propelled or trailer-mounted
and include auxiliary equipment, which is either transported on trailers or
moved with trucks.
Platform Rigs. Platform rigs provide offshore workover, drilling and re-entry
services. Our platform rigs have drilling and/or well-servicing or workover
equipment and machinery arranged in modular packages that are transported to,
and assembled and installed on, fixed offshore platforms owned by the customer.
Fixed offshore platforms are steel tower-like structures that either stand on
the ocean floor or are moored floating structures. The top portion, or platform,
sits above the water level and provides the foundation upon which the platform
rig is placed.
Jackup Rigs. Jackup rigs are mobile, self-elevating drilling and workover platforms
equipped with legs that can be lowered to the ocean floor until a foundation
is established to support the hull, which contains the drilling and/or workover
equipment, jacking system, crew quarters, loading and unloading facilities,
storage areas for bulk and liquid materials, helicopter landing deck and other
related equipment. The rig legs may operate independently or have a mat attached
to the lower portion of the legs in order to provide a more stable foundation
in soft bottom areas. Many of our jackup rigs are of cantilever design—a
feature that permits the drilling platform to be extended out from the hull,
allowing it to perform drilling or workover operations over adjacent, fixed
platforms. Our shallow workover jackup rigs are typically limited to a maximum
water depth of approximately 125 feet, and some may drill in water depths as
shallow as 13 feet. We also have deeper water jackup rigs capable of drilling
at depths between eight feet and 150 to 250 feet. The water depth limit of a
particular rig is determined by the length of its legs and by the operating
environment. Moving a rig from one drill site to another involves lowering the
hull down into the water until it is afloat and then jacking up its legs. The
rig is then towed to the new drilling site.
Inland Barge Rigs. One of Nabors barge rigs is a full-size drilling unit. We
also own two workover inland barge rigs. These barges are designed to perform
plugging and abandonment, well-service or workover services in shallow inland,
coastal or offshore waters. Our barge rigs can operate at depths between three
and 20 feet.
Nabors Industries Ltd's Comment on Supply Chain
Land Rigs. A land-based drilling rig generally consists of engines, a drawworks,
a mast (or derrick), pumps to circulate drilling fluid under various pressures,
blowout preventers, drill string and related equipment. The engines power the
different pieces of equipment, including a rotary table or top drive that turns
the drill string, causing the drill bit to bore through the subsurface rock layers.
Rock cuttings are carried to the surface by the circulating drilling fluid. The
intended well depth, bore hole diameter and drilling site conditions are the principal
factors that determine the size and type of rig most suitable for a particular
drilling job.
Special-purpose drilling rigs used to perform workover services consist of a mobile
carrier, which includes an engine, drawworks and a mast, together with other standard
drilling accessories and specialized equipment for servicing wells. These rigs
are specially designed for major repairs and modifications of oil and gas wells,
including standard drilling functions. A well-servicing rig is specially designed
for periodic maintenance of oil and gas wells for which service is required to
maximize the productive life of the wells. The primary function of a well-servicing
rig is to act as a hoist so that pipe, sucker rods and down-hole equipment can
be run into and out of a well, although they also can perform standard drilling
functions. Because of size and cost considerations, these specially designed rigs
are used for these workover services rather than larger drilling rigs typically
used for initial drilling.
Land-based drilling rigs are moved between well sites and among geographic
areas using our fleet of cranes, loaders and transport vehicles or those of
third-party service providers. Well-servicing rigs are typically self-propelled,
while heavier capacity workover rigs are either self-propelled or trailer-mounted
and include auxiliary equipment, which is either transported on trailers or
moved with trucks.
Platform Rigs. Platform rigs provide offshore workover, drilling and re-entry
services. Our platform rigs have drilling and/or well-servicing or workover
equipment and machinery arranged in modular packages that are transported to,
and assembled and installed on, fixed offshore platforms owned by the customer.
Fixed offshore platforms are steel tower-like structures that either stand on
the ocean floor or are moored floating structures. The top portion, or platform,
sits above the water level and provides the foundation upon which the platform
rig is placed.
Jackup Rigs. Jackup rigs are mobile, self-elevating drilling and workover platforms
equipped with legs that can be lowered to the ocean floor until a foundation
is established to support the hull, which contains the drilling and/or workover
equipment, jacking system, crew quarters, loading and unloading facilities,
storage areas for bulk and liquid materials, helicopter landing deck and other
related equipment. The rig legs may operate independently or have a mat attached
to the lower portion of the legs in order to provide a more stable foundation
in soft bottom areas. Many of our jackup rigs are of cantilever design—a
feature that permits the drilling platform to be extended out from the hull,
allowing it to perform drilling or workover operations over adjacent, fixed
platforms. Our shallow workover jackup rigs are typically limited to a maximum
water depth of approximately 125 feet, and some may drill in water depths as
shallow as 13 feet. We also have deeper water jackup rigs capable of drilling
at depths between eight feet and 150 to 250 feet. The water depth limit of a
particular rig is determined by the length of its legs and by the operating
environment. Moving a rig from one drill site to another involves lowering the
hull down into the water until it is afloat and then jacking up its legs. The
rig is then towed to the new drilling site.
Inland Barge Rigs. One of Nabors barge rigs is a full-size drilling unit. We
also own two workover inland barge rigs. These barges are designed to perform
plugging and abandonment, well-service or workover services in shallow inland,
coastal or offshore waters. Our barge rigs can operate at depths between three
and 20 feet.
NBR's Suppliers Net Income grew by
NBR's Suppliers Net margin fell in Q2 to
2.04 %
9.34 %
NBR's Suppliers Net Income grew by 2.04 %
NBR's Suppliers Net margin fell in Q2 to 9.34 %
Nabors Industries Ltd's Suppliers Sales Growth
in Q2 2026 by Industry
Sources:
Nabors Industries Ltd's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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