New Drilling Rig Being Assembled at Toowoomba, Australia

Toowoomba has been selected by Santos as the site to assemble a new fully-automated drilling rig.

The PDI 724 rig will be assembled in the Toowoomba Rigging Services local yard by Precision Drilling International. The assembling process is expected to take approximately 3 weeks and inject several hundred thousand dollars into the Toowoomba economy.

The rig is an automated drilling rig designed to drill wells to depths of approximately 3,000 meters. Santos expects to drill approximately 60 oil wells per year with the new rig.

Once assembled, the rig will be transported by road to Santos' operations in south west Queensland to work in the Eromanga area drilling for oil.