Rig: KS Medstar 1

Name KS Medstar 1
Owner KS Drilling Pte Ltd
Manager KS Drilling Pte Ltd
Rig Type Jackup
Sub Type Independent Leg Cantilever
Jackup Type Standard
Max Water Depth (ft) 284
Max Drill Depth (ft) 20000
Dimensions (ft) 203 x 190 x 21
Leg Length (ft) 404
Competitive Yes

Current Location

Country Egypt (Mediterranean)
Region North Africa

Drilling Equipment

Drawworks Type National Oilwell Varco E-2000
Drawworks HP 2000
Mud Pumps Type National Oilwell Varco A-1700-PT Triplex
Top Drive National Oilwell Varco TDS-4
Hookload Capacity (lbs) 1000000

Rig Construction Details

Rig Design Mitsui Modec
Rig Model 200-C-45
Year Built 1980
Country of Build Japan
Yard Name Naruto Shipyard
Group Yard Name Mitsui Ocean Development & Engineering Co., Ltd. (MODEC)

Rig Contract Details

Operating Status Ready Stacked
Operator --


23 May 2014

KS Energy bags new contract for 'KS Medstar-1'

KS Energy Limited (KS) has announced that the company’s subsidiary KS Drilling Pte Ltd (KS Drilling) has been awarded a new contract for the ‘KS Medstar-1’ jackup rig. Atlantic Marine Services Egypt S.A.E, the jackups operator received confirmation from Belayim Petroleum Company (Petrobel) of the extension of their contract for the charter of the ‘KS Medstar-1’, the group’s 300ft cantilever jackup drilling rig. The contract is for a firm one year period with an additional one year option, which took effect on the 15th May 2014. The contract extension is has a total value of approximately USD40.9 million.

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