The contract is for VEB’s jack-up rig NAGA 4 to drill seven firm wells, with an estimated contract value of US$17.68 million. The expected commencement date is between 15 August 2021 to 15 October 2021.
NAGA 4 is an independent-leg cantilever jack-up drilling rig that has a drilling depth capability of 30 000 ft and has a rated operating water depth of 400 ft.
Read the latest issue of Oilfield Technology in full for free: Issue 1 2021
Oilfield Technology’s first issue of 2021 begins with a look at US tight oil’s prospects this year. The issue then moves on to cover completions technology, production forecasting, electric fracturing, sand recovery and more.
Exclusive contributions come from Rystad Energy, Archer, Weatherford, Halliburton, CGG, NOV, TETRA Technologies, Clariant and more.
Read the article online at: https://www.oilfieldtechnology.com/exploration/09042021/shell-contracts-velesto-rig-for-malaysia-campaign/
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