When horizontal directional drilling (HDD) professionals discuss the size of an HDD rig, they usually refer to the maximum pullback force the unit can develop. The most common industry standard for a large directional drilling unit is defined as having a minimum of 100,000 pounds of pullback force. In addition to pullback, the most common specifications used to categorize HDD equipment are rotary torque of drill stem, rotation speed and the size of drill pipe.
Buyers of used HDD equipment want to get a quality drill at the best possible price. On the other hand, sellers hope to move equipment at a price that matches its value. What can sellers do to get top dollar?
That the United States (and world) economies are mired in a deep recession is old news. For the horizontal directional drilling industry, this recession is much broader than in 2001 when the telecommunications market imploded.