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The Deepsea Yantai drilling rig, operating in a water depth of 341 m, was utilised for the drilling. The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. The well results have confirmed the presence of oil and provided essential data for potential development.
It enabled seamless orchestration of drilling parameters, real-time data analytics, integrated experience management, and remote control of operations. It provides an array of advanced digital applications to enable critical engineering, operations insights, and automated operations.
Patterson-UTI Energy (NASDAQ: PTEN) kicked off 2025 with a steady operational performance, a strategic focus on natural gas, and an unwavering commitment to drilling innovation. Revenue Recap: In Line With Expectations, Down From 2024 In Q1 2025, Patterson-UTI posted $1.3 billion in Q1 2024. energy sector.
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