Rig: Edrill-2

EDrill-2 Arrives at First Location

EDrill-2 departed COSCO Shipyard on 29th November after pre-mobilization inspections and third party equipment installation to arrive at the Gulf of Mottoma location on 21st December. The rig has safely and successfully completed it's mooring system field tests and heavy lifting operations with the DES set up on the first Zawtika wellhead platform. The first well’s top hole section has been drilled, cased and cemented. EDrill-2’s light-weight Drilling Equipment Set (DES) erects in four lifts and is handled by a large radius, 400MT crane which allows the tender barge to orient favorably in prevailing sea states and to minimize vessel motions for quick and safe rig moves. Zawtika Development Drilling Campaign (Phase 1B + Infield Phase 1A + Phase 1C) consists of around sixty-seven wells to be drilled from ten wellhead platforms in water depths of up to 160m.

Energy Drilling one step closer to securing contract for 'Edrill-2'

Energy Drilling Pte. Ltd. (“Energy Drilling”) is one step closer to securing a firm contract for its newbuild Edrill-2 tender rig following the announcement that the company has been issued a Letter of Intent to Award (LOI) by PTT Exploration & Production International (“PTTEPI”). PTTEPI intends to contract the unit for a firm 18-month period with options to extend the contract by up to 30 months to perform drilling operations on the Zawtika Development Drilling Campaign (Phase 1B + Infield Phase 1A + Phase 1C). The program consists of around 67 wells to be drilled from ten wellhead platforms in water depths of up to 160m. Commencement date is set for mid-December 2015 with EDrill-2 currently undertaking pre-mobilization inspections and third party equipment installations. Marcus Chew – CEO of Energy Drilling commented that, “We’re pleased to extend our relationship with premium client PTTEP and are eager to demonstrate our tender barge’s superior value creation potential to MOGE in Myanmar.”

Energy Drilling takes delivery of second tender rig

Energy Drilling Pte Ltd has taken delivery of its second high specification tender assist rig ‘EDrill-2’ on 18th November 2014. The rig was delivered under a turnkey agreement with COSCO Guangdong Shipyard. ‘EDrill-2’ is materially and technically equivalent to sister rig ‘EDrill-1’ which started on a three year contract with PTTEP since early October in the Gulf of Thailand. The ‘Edrill-1’ has demonstrated excellent performance since delivery including stable towing characteristics, anchor handling and fast rig-up capability. “We are very pleased with the co-operation with Cosco Guangdong Shipyard and the continued high level of excellence in their workmanship. We look forward to the delivery of our high specification semi tender Edrill-3 next summer and continuing the growth of the company’s fleet”, said Mr Marcus Chew, CEO of Energy Drilling. The ‘Edrill-2’ is currently being prepared for operations and is marketed to several oil companies in the region for start-up in early 2015.