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NaftaGaz drilled two and a half million metres

NaftaGaz drilled two and a half million metres
From the start of its activities, NaftaGaz has drilled over 2.5 million meters. A total of 623 wells have been built in only 5 and a half years.

– In 2019, we drilled 757 thousand metres, says Islam Nazaraliyev, General Director of NaftaGaz, a Russian oilfield service company. – This is the maximum figure from the company foundation date. We managed to achieve these figures thanks to the number of orders that grew every year. At the end of the last year, our total contractual liabilities increased by 28%. We concluded long-term contracts with the term until 2024 inclusive and are making our best efforts to expand the order portfolio. The market trusts us because we proved that we can drill efficiently and meet deadlines.

After we achieve the development targets in the nearest years, the annual drilled meterage of Naftagaz-Drilling will exceed the landmark figure of one million meters.

Naftagaz-Drilling is among the top 5 Russian independent drilling contractors and a member of the International Association of Drilling Contractors (IADC). The enterprise has repeatedly become the winner at the internal contests of oil and gas companies in the nominated categories the Most Efficient Drilling Contractor, the Best Service Enterprise, etc.

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