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Crosco signs three contracts for services in Syria

Source: www.gulfoilandgas.com 8/30/2006, Location: Middle East

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Crosco Integrated Drilling & Well Services Co., Ltd. has been awarded drilling, well logging and integrated service contracts by Hayan Petroleum Company. Hayan Petroleum Company is a joint venture operating company equally owned by Syrian Petroleum Company and INA Industrija nafte d.d. Naftaplin. All contracts pertain to the development of gas and gas-condensate fields of Jihar, Palmira and Al Mahr.

Drilling services will be provided by Crosco 2000 HP drilling rig National 601 (National 1320 UE) under a two year firm contract and with an optional one year extension. The well logging and integrated services contracts are also for two year firm commitment plus an optional one year extension. The integrated service package includes the following services: Cementing equipment and services, Downhole and surface well testing equipment and services, Wireline services, Coring services.

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