Apex International Energy announced that the Fajr-8 development well was tested at a daily rate of 2,440 barrels of oil and negligible water. The well was connected to production facilities and opened for the first production on May 8, less than four days from rig release.
Special Focus: 2021 Forecast & Review â International Drilling & Production /// Following a tumultuous 2020, global drilling rates outside the U.S. are a bit of a mixed bag for 2021. Lingering economic effects from shutdowns and travel restrictions are impeding recovery in regions like Africa and Eastern Europe, while Western Europe and South America are finding their stride.