Loading…
Archer's subsidiary in Argentina has been awarded two contracts totaling $125 million: a 2.5-year extension for three drilling rigs in Cerro Dragon Field worth $100 million, and a new contract for one rig in Vaca Muerta worth $25 million over two years.
Archer Limited received a two-year contract extension from Pan American Energy for drilling services in Argentina's Cerro Dragon field, valued at an estimated USD 400 million, covering 2 drilling rigs, 13 workover units and 13 pulling units.