Dril-Quip, Inc. Announces Successful Installation of BigBore(TM) IIe Wellhead System for Petrobras Exploratory Project in the Santos Basin

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Jun 08, 2023

HOUSTON, TX / ACCESSWIRE / June 7, 2023 / Dril-Quip, Inc. (NYSE:DRQ, Financial), (the "Company" or "Dril-Quip"), announced today the successful installation of its 18 3/4" BigBoreâ„¢ IIe wellhead system for the Petrobras Exploratory project in the Aram Block of the Santos Basin, in 2002-meter water depth. The BigBoreâ„¢ IIe wellhead system is the newest and most advanced standard system for Dril-Quip, with sealing technology qualified to the latest Petrobras standards. The 18 3/4" BigBoreâ„¢ IIe system provides significant cost savings by eliminating the need for drilling or production lockdown devices, reducing the number of trips associated with drilling the well.