Archer and Patterson-UTI) have entered into an agreement for Archer to rent 2 high spec drilling rigs from Patterson-UTI.
These rigs are
designed to optimise drilling efficiency in non-conventional fields such as the Vaca Muerta
shale formation and will be deployed under Archer’s recently announced
seven-rig drilling contract with YPF (December 1st, 2025), further
strengthening Archer’s position as a leading provider of integrated drilling
solutions.
This agreement enables
both organizations to strengthen their presence in the growing Vaca Muerta
field, while optimising resources and offering high-value solutions that not only boost
productivity but also enhance operational safety.
The shared vision is
centered on excellence, continuous innovation, and meeting the highest
performance standards.
Gerardo Molinaro, VP
of Land Drilling at Archer: “The addition of two high spec drilling rigs to our
fleet strengthens our presence in the Vaca Muerta non-conventional field,
supports execution of our newly awarded contract with YPF, and positions us to meet
rising demand for rigs across the market. These additional rigs under operation
also advance our growth strategy, initiated two years ago with the acquisition
of ADA to offer integrated Managed Pressure Drilling solutions.” -TradeArabia News Service