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In November 2004 Eurasia Drilling Company Limited acquired 100% interest in OOO LUKOIL-Burenie, which was renamed into OOO Burovaya Kompaniya Eurasia, from OAO LUKOIL.
In 2004 OAO LUKOIL-Burenie drilled 1,396 million meters.
2005 – BKE commenced performing work for OAO LUKOIL under a five year framework agreement as well as to render services to other Customers. The head office of the Company was relocated from Samara to Moscow.
BKE was awarded a contract for development drilling on the Yuzhno-Khylchuyuskoye Field, the license to which is held by Naryanmarneftegaz, a joint venture of LUKOIL and ConocoPhillips.
The HS&E management systems of OOO Burovaya Kompaniya Eurasia were audited and recognized satisfying the international standards ISO 14001:2004 (environmental protection) and OHSAS 18001:1999 (health and industrial safety).
As of the end of 2005 the crewcount reached 190 crews including 77 drilling, 4 sidetracking, 34 completion, 34 rig-up and 41 workover crews.
In 2005 the Company drilled 1,699 million meters and 652 wells.
2006 – BKE was restructured through consolidation of its subsidiaries. Five operating branch offices were established in Western Siberia, Perm, Nizhnevolzhsk Region, Naryan-Mar and Usinsk.
BKE purchased drilling rigs from ZAO Izhdrill Xun Xua and LeTourneau Ellis Williams Company Inc. for Nizhnevolzhsk Branch, Bentec Drilling and Oilfield Systems GmbH and ZAO Uralmash Drilling Equipment to operate in Western Siberia.
Overall number of crews increased by 26 crews and amounted to 216 crews including 96 drilling, 8 sidetracking, 42 completion, 36 rig-up and 34 workover crews.
In 2006 the Company drilled 2,495 million meters and 898 wells.
2007 – upon awarding a contract by OAO Rosneft BKE commenced drilling wells in the oilfields of its subsidiary OOO RN-Yuganskneftegas. Additionally, the Company was awarded a contract by TOO Kazakhoil Aktobe for drilling wells in the Alibekmola Field (Kazakhstan).
The Company acquired mobile drilling rigs from OOO Generation for its Perm Branch, from ZAO Izhdrill Xun Xua for its Nizhnevolzhsk Branch and from China Petrochemical International Co. for its Western Siberia and Usinsk Branches.
On November 2, 2007 Eurasia Drilling Company Limited (EDC) holding interest in a group of companies including in BKE, was listed in the London Stock Exchange as a part of the initial public offering (IPO) process. Therefore, EDC acquired the status of a public company.
Overall number of crews increased by 46 crews and reached 262 crews including 111 drilling, 12 sidetracking, 49 completion, 42 rig-up and 48 workover crews.
In 2007 the Company drilled 3,268 million meters and 1174 wells.
2008 – the Company was awarded by ZAO Vankorneft (a Rosneft subsidiary) a contract for drilling production wells in the Vankor Field. In July BKE finalized all rig-up operations and commenced drilling the first well using a new Uralmash-4500/270 Drilling Rig.
In 2008 the Company drilled 4,020 million meters and 1472 wells.
2009 - in October the Company was restructured into drilling and technological services divisions. Technological services division was separated and named “OOO New Technology Services” (“NTS”).
In 2009 BKE drilled 3,750 million meters and 1329 wells.
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