Post by Archer - the well company
83,028 followers
πππ¬ ππ€π£π©π§πππ© ππ¬ππ§π π¬ππ©π πππ π We are pleased to announce that we have been awarded an additional five-year contract with YPF for a super spec drilling rig in Vaca Muerta. The contract has an estimated value of around USD 90 million and further strengthens our long-term position in one of the worldβs most active shale developments. This is the third super spec rig we are adding to our fleet in cooperation with Patterson-UTI. Gerardo Molinaro, Executive Vice President of Land Drilling comments: βYPF continues to lead the development of Vaca Muerta, and we are committed to support that growth. By expanding our fleet, we strengthen our collaboration and continue to deliver safe, efficient and reliable operations.β Read the full press release here π https://lnkd.in/evcKm8eJ #WeAreArcher #LandDrilling