The rig will replace three of the Kazakhstan company's existing Chinese and Russian-made rigs. GEFCO said it plans to add another eight to 10 rigs in the next few years.
GEFCO has more than 300 employees and has been in business for more than 81 years. Oklahoma Rig Fabricators has 35 full time employees and has been in business since 2000.
The project is the first the two companies have worked on together.
“This is the first time we've built a portable rig. We joined together with their engineers to develop it,” said Mike Marshall, Oklahoma Rig Fabricators chairman. “We've done cold weather before so that wasn't a problem.”
Central Asia is becoming an increasingly important focus for the oil industry, said Firdavs Nazarov, sales director at Prom Machinery, an authorized dealer for GEFCO in Central Asia. Companies in the area increasingly are looking to American equipment, he said.
“In Kazakhstan, drilling costs and overhead costs are becoming very expensive,” Nazarov said. “Mobility and fast drilling can save the costs. The customer can drill more holes with this rig. That's absolutely important in terms of the overhead costs, savings and making better profits.
“The fastest drilling rigs today are in the U.S. market.”