Egyptian Drilling's EDC Rig 53, a newbuild heavy land rig, has been commissioned and commenced a one year contract with Merlon El Fayum in the Western Desert of Egypt. Egyptian Drilling's EDC Rig 53, ...
VTB Leasing paid some $450 million to buy the Chinese-made ZJ50DBS skid-mounted drilling rigs in 2007. However, they were underused in 2008 and 2009 and about one-third of the fleet is currently idle.
North America added 17 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on July 18. The U.S. added seven rigs and Canada added 10 rigs week on ...
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