United Precision Drilling Company (UPDC) was established under the shared ownership of United Oil Projects (35%), United Industries Company (12.5%), Geotech (5%) and Precision Drilling International (47.5%).

Its main objective is building the largest, most technically advanced and most highly regarded contract drilling organization in Kuwait.

Situated in the heart of Kuwait's oil region in Al-Ahmadi, UPDC services oil and gas wells on a contract basis. Main clients include the Kuwait Oil Company plus other international oil companies.

UPDC key facts:

• Operates mainly within the onshore and offshore territories of the state of Kuwait and the Kuwait Saudi Arabia partitioned neutral zone.
• Operates 8 drilling rigs with Kuwait Oil Company and one rig with the Joint Operations. (does not own rigs as previously stated)
• Aims to expand its operations to include additional rigs and comprehensive drilling services.
• Entered management contracts with Precision Drilling International for the management of its daily operations.
• Partners with Weatherford International, a trusted global provider of drilling technology and services.