Weatherford International has signed two contracts totaling $67.4 million for drilling services with two major operators in Russia.
The first contract spans 2½ years. Operations began in July 2019 and will last through the end of 2022. The service company will provide logging-while-drilling (LWD), measurement-while-drilling (MWD), rotary steerable systems (RSS), drilling, and geodata interpretation services at several oil fields in Western Siberia.
The second contract is a 3-year drilling services contract. Operations will begin in early 2020 with Weatherford providing LWD, MWD, RSS, geosteering, and geodata interpretation services at the Novyi Port oil field on the Yamal Peninsula.
At present, Weatherford is running multiple local facilities to support its customers and operations in Russia. Three full-time drilling service centers in key production areas across Russia maintain field equipment, and one real-time operations center provides around-the-clock remote support for all ongoing projects. Weatherford is also mobilizing the Magnus RSS to Russia to assist with increased activity and challenging customer requirements.