Newspaper article THE JOURNAL RECORD

Horizontal Awarded Contract in Venezuela

Newspaper article THE JOURNAL RECORD

Horizontal Awarded Contract in Venezuela

Article excerpt

PURCELL - Horizontal Well Drillers was awarded a contract to drill up to 191 shallow, horizontal wells in the Orinoco Belt of Venezuela.

"Our proprietary technology makes us uniquely qualified for this project because the wells will be extremely shallow and horizontal," said Brent L. Mills, a member of the HWD board of directors. "We have widespread experience drilling in similar geological formations and a strong international record with Pemex, Mexico's national oil and gas enterprise.

Schlumberger Ltd. and Y&V Group also received awards, Schlumberger for 80 wells and Y&V for 100 wells.

"Our big rig capacity with a small footprint design makes our rigs optimal for the shallow wells in Venezuela," said Jeremy Klein, HWD president. "We maximize efficiency and access shallow, difficult- to-reach areas such as the formations in the Orinoco Belt. …

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