The five-year contract, with an option for an additional five-year period, calls for the provision of drilling rigs, directional and horizontal drilling, logging while drilling, cementing, mud engineering, wire-line logging, completion, perforating, and other well construction activities, including engineering and management of the entire drilling operations.
The project is expected to utilize three to four rigs, and will involve between 153 and 185 oil production, water injection and evaluation wells.
This is an integrated turnkey drilling contract and is an important part of Saudi Aramco’s plan to explore new avenues of collaboration with major oil field services providers.
Ahmed Lotfy, Eastern Hemisphere president at Halliburton, said: “Our selection by Saudi Aramco for yet another project of this magnitude demonstrates its continued confidence in our ability to successfully execute complex and challenging operations. This contract award includes a full range of Halliburton’s integrated technologies and services and provides a platform for future successes.”
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