PDO awards Precision Drilling contract extension in Oman

Petroleum Development Oman (PDO) has awarded a $40 million contract to Precision Drilling Corp., Calgary, extending its underbalanced drilling (UBD) technology and services contract for 4 additional years.

Feb. 20, 2004

By OGJ editors
HOUSTON, Feb. 20 -- Petroleum Development Oman (PDO) has awarded a $40 million contract to Precision Drilling Corp., Calgary, extending its underbalanced drilling (UBD) technology and services contract for 4 additional years.

The contract facilitates the use of additional technologies in Oman, including in low-pressure drilling environments where conventional signal transmission is impractical. Mobilization of equipment to Lekhwair field in Oman is under way.