Discoveries prompt Union Drilling to order two new rigs for its fleet - February 29, 2004

Providing coverage of Alaska and northern Canada's oil and gas industryFebruary 2004

Vol. 9, No. 9

Week of February 29, 2004

Discoveries prompt Union Drilling to order two new rigs for its fleet

Ray Tyson

Petroleum News Houston correspondent

Union Drilling, the nation’s largest privately held natural gas drilling contractor, has ordered two new rigs for its Appalachian fleet, the company said Feb. 23.

The company said the order was prompted by a series of significant discoveries resulting from horizontal drilling in the Trenton Black River formation in New York and northern Pennsylvania. “This has generated increased demand for rigs with greater capability,” Union added.

Union, which currently has several rigs in the area capable of drilling distances in excess of two miles, said it ordered a National Oilwell Model 900 portable rig with 441,000 pounds of hoisting capacity and a GEFCO 185,000 pound capacity rig for operations in the southern Appalachian basin.

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