KCA Deutag Secures Land Drilling Contracts for Five Rigs

Published Nov 14, 2017
[an error occurred while processing this directive]

Edit page New page Hide edit links

KCA Deutag logo

International drilling and engineering contractor KCA Deutag has announced that its land drilling operation has been awarded new contracts for five rigs with a combined contract value of USD 48 million.

The first of those rigs, the T-72 has been awarded a 9-month contract in Pakistan for one firm well, with an additional one well extension option.

In Europe the T-700 which recently completed two geothermal wells in the Netherlands has also won a 5-month contract for an additional four wells with the same client. This is the group’s sixth contract in the European geothermal drilling market in recent years, and an area which offers substantial growth opportunities for the group as Europe seeks to increase its renewable energy generation.

The KCA Deutag operation in Algeria has also signed a new contract for the T-220 fast moving desert rig with a client drilling two firm wells and two optional wells. The total campaign, including the optional wells will take a total of around 1 year.

In the Middle East, KCA Deutag was also recently awarded a 1-year contract for two rigs, the T-210 and T-601, to carry out land drilling operations in South Iraq. The T210 will move from Oman for this opportunity, bringing the total number of rigs in South Iraq up to three.

The majority of these rigs were manufactured by Bentec, KCA Deutag’s land rig and oilfield equipment manufacturer. Bentec manufactures a wide range of rigs that can deliver high performance drilling and fast rig moves in all climates and geographies.

Commenting on these contract awards, Simon Drew President of Land says, “These contract wins, which come in a tough environment in the wider oil industry, are very important to the Land Business Unit and KCA Deutag as a whole. They have been won against intense competition and I would congratulate all our staff on delivering these contract successes. We look forward to delivering value to our clients through exceptional well construction performance.”

Tags: KCA DEUTAG Drilling Ltd.


Comments on this page are closed.

+ Larger Font | + Smaller Font
Top Stories







Mobile News
Mobile news

Our news on
your website


Do you have any
tips to us


sitemap xml