603619
Stock code
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At noon, Saudi Arabia local time, on March 3, 2023, Well NIBN-817 in the Harad Block, drilled by ZPEC Rig 43, was successfully drilled two days ahead of the designed period, setting a new record in the block and winning high affirmation of Party A, Aramco.
Well NIBN-817 had a designed well depth of 656 meters. The well was spudded at noon on February 11th and completed in 20 days. This set a new record for the fastest completion period in the Harad Block, beating the old record of 22 days.
Since the start of the ZPEC Saudi Project in 2020, with the strong support of ZPEC Group, all teams have given full play to the spirit of the "Journey of Iron and Blood", not afraid of hardships and tiredness, and solving technical problems in a timely manner. The drilling efficiency has been continuously improved, thus continuing to lay a solid foundation for further consolidating the Saudi Market.
(Saudi Company/ Zhao Jinfeng)
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