The Company's rig fleet is subject to an extensive preventative maintenance program which emphasizes repairs and maintenance before a breakdown -- not after. In addition, the Company has implemented a re-furbishment program, under which each rig in the fleet is scheduled on a periodic basis for a full inspection, repair, mast magnaflux and repainting by a third party rig service company.
In addition, the Company has tongs, slips, elevators, and other similar tools for a smooth operation.
Genie Well Service is an industry leader in the well plugging and casing pulling segment of the energy service industry. Thus, the Company has a wide range of the specialized tools needed for well plugging - such as casing tongs, casing slips, casing elevators, etc. © Genie Well Service 2024