Seacrest Petroleo and PetroReconcavo have announced that the companies have entered into a drilling rig services partnership. Under this strategic partnership, PetroReconcavo has mobilised a drilling rig and an extensive suite of drilling rig services to commence drilling by the end of April. This allows Seacrest Petroleo to accelerate the restart of its 300-well infill drilling program, the largest onshore Brazil, leveraging the track-record of the most experienced onshore drilling capability in Brazil.
Scott Aitken, Seacrest Petroleo’s President of the Executive Committee, said: 'We are delighted to announce the acceleration of our 300-well drilling programme with PetroReconcavo. The partnership gives us access to a high-quality drilling rig backed by an experienced organization with a track record of leading drilling performance, which we can embed into our own operations.'
José Firmo, CEO of PetroReconcavo, said: 'This contract represents an opportunity for PetroReconcavo to optimize the installed capacity of its drilling rig fleet and services, also representing a strategic move to create an ecosystem of cooperation and partnerships with other Brazilian onshore operators.'
Source: Seacrest Petroleo
