Varco

More Rigs Bound for Gas-Rich Barnett Shale

Union Drilling Inc. said it is continuing a focus on unconventional gas drilling by exercising an option with National Oilwell Varco LP to acquire three new drilling rigs, which will be deployed in the northern Texas Barnett Shale formation under multi-year contracts. Delivery is scheduled for the fourth quarter.

April 12, 2006
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