Eurasia Drilling and Schlumberger have formed a strategic alliance in the CIS and completed the sale and purchase of each other’s drilling and service assets, Eurasia Drilling said. The transaction was in line with the letter of intent announced on Oct. 4, 2010. Eurasia Drilling purchased Schlumberger drilling and well servicing assets in Russia that include 19 existing drilling rigs with 17 drilling crews, 34 workover rigs with 25 related […]