Vietsovpetro has an option to include some workovers in its contract with PV Drilling for jackup PV Drilling II which began a 4+4 well charter in the Bach Ho field offshore Vietnam in June with the firm period lasting until December. Should the options and workovers be exercised the rig will be tied up until mid 2018 at the earliest. Two other of PV Drilling’s jackups are due to complete their charters this month. PV Drilling III is set to be released by Than Long JOC on 20th August. The rig has been drilling 2 wells in block 15-2/01 commencing [...]
Apexindo jackup Tasha has completed the first well of its 4 development well charter for Premier Oil in the Anoa field in the Natuna Sea offshore Indonesia. The well is to be brought into production this month. Tasha is expected to complete the charter in November and it the first phase of a split charter with phase 2, still an option at this point, set for April 2018 with the rig available for other work in the interim.
PVD Drilling jackup PV Drilling VI has completed its charter with Hoang Long JOC and moved over to start its 60-day charter with JVPC in Block 15-2 offshore Vietnam. Following this 2-well program the rig will next drill for Premier Oil on an 80-day program and will then be available between November and March 2018 before commencing a 90-day charter with Rosneft in Vietnam.
PV Drilling jackup PV Drilling VI is still with Hoang Long JOC and will not now begin its next charter with JVPC in Block 15-2 until 13th July. JVPC has the rig for 60 days for an infill well and a workover after which the rig will move onto Premier Oil for an 80 day charter keeping the rig busy until October.
Apexindo jackup Tasha has begun the first phase of its two phase drilling charter with Premier Oil in the Natuna Sea offshore Indonesia. The rig is on location in the Anoa field and is expected to complete the first part of its charter in late October. The optional Phase 2, if exercised, would begin in Q2 2018 and could last for 324 days. The rig could fill the gap between Phase 1 and Phase 2 by being awarded the PC Indonesia work currently being direct negotiated.
Another Apexindo jackup starts up a new charter. 2014 built jackup Tasha has begun its two phase charter with Premier Oil in the Natuna Sea offshore Indonesia. Phase 1 is for 4 wells with an expected duration of 135 days which will keep the rig busy until end October. It will then be available for other work until Phase 2 of its charter, which is optional, begins in June 2018. If exercised this program would be for 324 days.
In Vietnam Hoang Long JOC’s campaign with PV Drilling jackup PV Drilling VI is now likely to stretch into early July thus pushing back commencement of its next charter with JVPC and that of the follow on charter with Premier Oil. The rig will next be available in late October or early November.
Apexindo jackup, Tasha, is preparing for its charter with Premier Oil and expects to commence at Premier’s Natuna Sea location offshore Indonesia in early July. The rig has been chartered for a two-phase drilling program, phase 1 this year from July to October/November then Phase 2 next year from April until February 2019 although this is still an option for Premier. The rig is available in the interim.