Chevron takes Shelf Drilling jack-up for Thai ops

Shelf Drilling ScepterShelf Drilling Scepter rig; Source: Diamond Offshore

Offshore drilling contractor Shelf Drilling has secured a contract for the Shelf Drilling Scepter jack-up rig with Chevron Thailand Exploration and Production for operations in the Gulf of Thailand.

The contract is expected to start in 1Q 2020 and run until 2Q 2022 and includes a one-year option, Shelf Drilling said on Friday.

David Mullen, Chief Executive Officer, Shelf Drilling, said: “We are pleased to continue our long-standing partnership with Chevron through this award for the Shelf Drilling Scepter. The high specification jack-up rig has been a significant enhancement to our fleet, and we are thrilled to have secured its maiden contract in a strategically important region.

“This award strengthens our long-term presence in the Gulf of Thailand and demonstrates Shelf Drilling’s success in securing contracts in a very competitive market.”

According to Bassoe Offshore, the rig’s estimated dayrate under this contract is $75,000.

Shelf Drilling bought the Ocean Scepter jack-up rig, now Shelf Drilling Scepter, from Diamond Offshore for $90 million back in July 2018. The rig was built in 2008 and is of a KFELS Mod Super B design.

Also this week, Shelf Drilling executed a two-year extension for each of the Shelf Drilling Tenacious and the Shelf Drilling Mentor jack-up rigs.

Offshore Energy Today Staff


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