In 2021, Axis Energy Services launched its Rig Recycling Program to eliminate and recycle unsafe, outdated equipment as part of our commitment to create a more environmentally friendly oilfield. Earlier this year, we completed Phase 2 of this program, with more than 100 rigs recycled since the program’s inception.
The company’s vision includes doing the right thing right now for the oilfield of tomorrow. Our goal for this project is to ensure ancient rigs that should not be servicing wells are taken off the roads and out of the oilfield. Our innovative approach to continuous improvement across the life of the well has driven us to ensure that all our equipment is dependable.
Each workover rig weighs approximately 80,000 pounds. Axis has already cut up approximately 8 million pounds of metal. The scrap metal from the recycling project can be put back into the economy and used on other projects, for example roads and bridges, manufacturing automobiles and aircrafts, and in the production of containers and many appliances.
For questions about Axis’ Rig Recycling Program, contact Erik Coleman, Vice President of Sales, at Erik.Coleman@axisofs.com.com.