HORIZONTAL, RADIAL DRILLING DUE IN TWO RUSSIAN OIL FIELDS

Gardes Directional Drilling, Lafayette, La., has signed a multimillion dollar contract to develop two Russian oil fields with horizontal and radial drilling technology. The joint venture contract was signed with Orenburgneft and the Orenburg Region in the Russian republic. The contract provides for development of Vorontsovskoe and Rodinskoe fields, which are in the Vogal-Ural Mountain area north of the Caspian Sea. Gardes said estimated reserves exceed 290 million bbl of oil in the two fields.

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