Highlights Oil and Gas Urgent

ADNOC Offshore and Weatherford ink $220mn directional drilling contract

Weatherford International announced it has signed a $220mn, three-year contract with ADNOC Offshore to provide directional drilling services to increase its offshore production in the UAE. The agreement entails using the Weatherford Magnus® rotary steerable system in re-entry wells and new wells.

“Magnus is demonstrating consistent reliability, a critical element of this contract award,” said Tony Azizi, vice president of the Arabian Sea Geozone for Weatherford. “Operations in some of the world’s most challenging geophysical environments are proving Magnus’ ability to deliver very accurate wellbore placement and wellbore quality, in conditions requiring vertical, lateral or curved directional drilling.  Magnus’ independently controllable and addressable steering pads, in tandem with its unique modular design, allow for increased reliability, improved utilisation, efficient turn-around time of idle assets and local repair, all of which will drive greater benefits for ADNOC Offshore.”

Using a push-the-bit design, Magnus addresses operators’ need for speed without sacrificing directional control. Unique design elements, including a true inclination hold, make Magnus the best-in-market rotary steerable system for maximising reservoir exposure and monetising the value of the well.

Azizi added, “This contract aligns with the ADNOC In-Country Value strategy and its commitment to engaging with, and supporting, the local private sector.”

 

Source: oilandgasmiddleeast

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