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ADNOC Drilling awarded $806 million long-term contract for three newbuild island rigs
These three rigs are in addition to three ordered in July 2024. Abdulrahman Abdulla Al Seiari, ADNOC Drilling CEO, said, “ADNOC Drilling is proud to be awarded this significant, long-term ...
Oil15y
Special Report: Unconventional basins require new rig types
The PACE rigs typically are for drilling horizontal wells that range from 8,000 to 11,000 ft TVD with laterals that range from 3,000 to 6,000 ft. • Mast and substructure design that allows for ...