AGR Lands Drilling Optimisation Contract with LUKOIL Overseas

Source: www.gulfoilandgas.com 2/10/2015, Location: Europe

AGR announces a substantial contract win to optimise drilling performance with LUKOIL Overseas, the operator of LUKOIL's international upstream projects. The contract covers LUKOIL’s drilling operations in several territories internationally, including Middle East, Black Sea, Africa and Central Asia.

AGR will increase LUKOIL’s drilling efficiency by reviewing well planning and drilling programmes, conducting drilling and completion engineering, analysis of offset and historical data, and well and rig performance benchmarking.

The intention of the partnership is aligned with LUKOIL’s objective to reduce drilling project operating expenses without compromising on QHSE.

AGR’s Executive Vice President for UK, West Africa and the Middle East, Ian Burdis, said, “Drilling efficiency and cost reduction are key areas of focus across the industry at the moment as the oil price continues to cause uncertainty. We are pleased we are able to offer LUKOIL our technical expertise we have gathered from drilling over 500 well projects globally.”


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Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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