ADNOC Offshore awards Weatherford directional drilling services contract
The agreement entails using the Weatherford Magnus® rotary steerable system in both re-entry wells and new wells.
The agreement entails using the Weatherford Magnus® rotary steerable system in both re-entry wells and new wells.
The JV will pursue acquisitions of producing oil and gas assets across the Permian Basin where Henry Resources has operated for over 50 years.
The total estimated future costs associated with the delivery and placing the drillships into service would have been approximately US$1.1 billion.