The company has, however, reported a sharprise in horizontal drilling for the three months to the end of March, withexploration drilling also up.
Sales for the quarter slumped 12% from $789million to $697 million with changes in the customer and services mix also toblame. One third of Eurasia’s rig fleet was on the move in the quarter, also.
Drilling output sank 12% but horizontaldrilling output was up 34%, while exploration drilling output went up 9.7%.
Rosneft’s
