ICD announces dayrate progression, progress on rig reactivation
ICD announces dayrate progression, progress on rig reactivation
Independence Contract Drilling (ICD) announced that it has signed a contract for the reactivation of its 16th rig which will work in the Permian Basin, with a scheduled start date in mid-October 2021.
After this most recent reactivation, which will be of a 200 series rig, ICD’s future reactivations will focus on the company’s 300 series rigs, said Anthony Gallegos, President and CEO of ICD. The company ex...