The Lifecycle of a Workover Rig: What to Expect Over Time

Whether you call it a workover rig, service rig, or pulling rig, every unit follows a lifecycle that operators should understand to maximize performance and ROI.

🔁 Typical lifecycle stages include:

• Initial Commissioning: Ensuring the rig is fully functional and safety compliant.

• Early Use (Years 1–3): Most efficient performance, minimal wear.

• Mid-Life (Years 4–7): Begins to require more frequent inspections and part replacements.

• Late Stage (8+ Years): Dependent on maintenance. Still productive with proper care and refurbishment.

• Decommissioning or Resale: Rigs can be refurbished, sold, or parted out for value.

Properly maintained rigs can serve for over a decade. At Rigmax, we help buyers find equipment that still has plenty of work life ahead.