Gulf Oil and Gas accountACCOUNT

KCA Deutag’s Land Operation Wins $168m of New Drilling Contracts in Russia

Source: www.gulfoilandgas.com 7/15/2019, Location: Asia

Global drilling and engineering contractor KCA Deutag KCAD) is delighted to announce that its land drilling operation has won three new contracts in Russia worth approximately $168m. These contracts are for eight high performance land rigs, seven of which were previously built by Bentec, KCAD's rig and oilfield equipment manufacturer.

The first contract is with an existing client for five of those rigs to carry out drilling operations in two fields in Eastern Siberia. Each rig is expected to drill for varying periods of between three and four years. The contract increases the number of rigs we currently have operating for this client from four to five.

The next contract is for two 1500 HP Cluster Slider rigs which will drill in Northern Russia. It is an extension to an existing contract and will run until 31 December 2021.

In addition to this KCAD has won a new contract for one of its 2000 HP land rigs to drill four wells in Southern Russia. This has an estimated duration of five months per well.

Commenting on today's announcement, Simon Drew, President of Land said: "Our fleet in Russia continues to see high utilisation and we are delighted that clients are recognising the high quality of our services and strong performance by awarding us these contracts in what continues to be a tough market."

Drilling News in Russia >>

United Kingdom >>  12/11/2019 - Rockrose Energy plc (RRE), the independent oil and gas company, is pleased to announce the Noble Houston Colbert jack-up drilling rig is preparing to ...
Australia >>  12/10/2019 - Vintage Energy Ltd (VEN), as operator of the ATP 2021 Joint Venture (Vintage 50%, Metgasco Ltd 25%, Bridgeport (Cooper Basin) Pty Ltd 25%), is pleased...

Gabon >>  12/10/2019 - Panoro Energy is pleased to announce the successful completion of the DTM-4H well, the first of the phase 2 Tortue development wells. The well was dri...
Norway >>  12/9/2019 - Equinor Energy AS, operator of production licence 090, has concluded the drilling of appraisal well 35/11-23 A. The well was drilled about 3 kilometre...

Australia >>  12/8/2019 - Norwest Energy has approved a joint venture resolution to drill the EP368 exploration well in H1 2020 at Lockyer Deep. The well location is situated a...
Norway >>  12/8/2019 - The Norwegian Petroleum Directorate has granted ConocoPhillips Skandinavia AS a drilling permit for well 25/7-9 S, cf. Section 15 of the Resource Mana...

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 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.