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The term can refer to a land- based rig a structure that drills oil wells called an ' oil rig'. Anthony oropeza forex. A drilling rig is a structure housing equipment used to drill for water natural gas from underground reservoirs , oil to obtain mineral core samples.
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A drilling rig is a structure housing equipment used to drill for water, oil, natural gas from underground reservoirs or to obtain mineral core samples. The term can refer to a land- based rig, a marine- based structure commonly called an ' offshore rig' or a structure that drills oil wells called an ' oil rig'.

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