I visited an offshore oil rig my dad helped design, it was pretty cool getting to actually go on one (normally it’s NOT a thing visitors get to do)!
These are huge billion+ dollar projects with thousands of parts from hundreds of different suppliers. Cool too see projects of this scale come together:
Something I found interesting:
To get this platform built and setup costs about 1 billion dollars. It can pump roughly $5,000,000/day in oil.
Assuming there’s only 300 full-production days per year, that’s still $1.5billion/year for 10+ years. This rig will probably scrounge up $10 – 20 BILLION in oil over the years.
Wow….oil ain’t a bad business!!