San Leon and Baker Hughes signed a letter of intent to jointly began the development of the Siekierki gas field 1 in Poland. The companies plan to start gas production from four existing wells. Baker Hughes is expected to provide all funding needed to recomplete and bring the wells into production; its funding may be in the form of cash, in-kind oilfield services, or a combination of both.
Don't miss out on the latest technology delivered to your email weekly. Sign up for the JPT newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.