ERIELL Signed a 9-year Contract for Drilling in Novy Port
ERIELL, an international oilfield service group, has won a JSC Gazprom Neft Novy Port tender for drilling of 136 producing wells in Yamal Peninsula, Russia. The term of the contract is 9 years.
“ERIELL Group focuses on establishment of long-term relations with its partners. The Novy Port project has become another long-term promising contract for us”, says Vitaly Dokunikhin, General Director of ERIELL. “At the initial stage we plan to use new drilling rigs Uralmash 5000/320, as well as engage drilling crews experienced in drilling wells with horizontal end sections of more than 1,000 meters under extremely severe environment of high formation pressure”.
The contract provides for drilling under the “daily rate” terms.