Was thinking about this the other day. A middle east drilling rig costs upwards of $60 MM to build, might be 3000 HP, and are just massive. Meanwhile super spec's in the Permian are more like $40 MM, 1500 HP triples. Why the difference? Isn't middle east drilling supposed to be extremely cheap and easy? Why the extra cost, size, etc? I can't find anything about average depths but with all the attention a 17,000 ft lateral gets over here w/ MWD etc I can't imagine they're much deeper in the mid east.