Helmerich & Payne wins seven-rig drilling contract from Saudi Aramco

Helmerich & Payne finalized a seven-rig tender award from Saudi Aramco for unconventional gas drilling. The five-year contracts with one-year options are valued at $175-196 million in capital expenditures, with rigs expected to start operations in Q4 2024.

“We are extremely pleased to be working with Saudi Aramco and supporting their unconventional gas drilling campaign.”worldoil.com

• 2 sources
• worldoil.comHelmerich & Payne wins seven-rig unconventional gas drilling contract from Saudi AramcoFeb 14, 2024
• oilfieldtechnology.comHelmerich & Payne announce finalisation of contractual terms with Saudi Aramco for 7-rig tender award | Oilfield TechnologyJack RoscoeFeb 15, 2024

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