ERHC Energy Inc (ERHE)

[vineseeker2]

Red, my understanding, which may be way wrong, is they use one derick to position the new pipe on the rotary table while the next section is being assembled on the other derick. Essentially they trade back and forth adding to the drill string, with two dericks they are twice as fast.

I picked this up from an article about the deepwater pathfinder someone had posted last month