Edrill-2 (Energy Drilling Pte Ltd) (Tender Rig)

EDrill-2 Arrives at First Location

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19 January 2016

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.

Source: http://www.edrill.com/news


More News for Operator: Energy Drilling Pte Ltd

9 Apr 2014

Energy Drilling secures financing for delivery of 'Edrill-1' and 'Edrill-2'

Energy Drilling has signed a US$175.5 million Senior Secured Term Loan Facility with a group of four lenders on Monday 7th April 2014. The four lenders are DNB Asia Ltd, ABN Amro Bank N.V, NIBC Bank N.V. and Clifford Capital Pte Ltd. The Facility shall be used as final payment upon delivery by Cosco Guangdong Shipyard for the first two tender rigs ordered in 2012. Delivery of the first unit is imminent and the second unit is expected in July. With the signing of this Facility, Energy Drilling is now fully funded to take delivery of the first two units and undertake drilling operations for the intended markets. Both units are being evaluated by various oil companies for drilling operations starting in the 3Q 2014. Speaking on behalf of one of the lenders, Mr. Magnus Piene, SVP & Global Head of Offshore for DNB Bank ASA, said, “ We are very pleased to be given this opportunity to raise funding for this exciting new company. Although Energy Drilling may be new, we have known and worked with its management team for many years in the past. We have full confidence in their ability to deliver and we look forward to building a long lasting relationship with them as they grow.” Mr. Marcus Chew, CEO of Energy Drilling, added, “We are thankful to the lenders for the trust shown in us. We have raised sufficient capital with strong shareholders and now with the funding secured we are ready to deliver the products to our customers. We look forward to an exciting journey ahead.”

29 Apr 2014

COSCO delivers first tender rig to Energy Drilling

The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that COSCO (Guangdong) Shipyard Co., Ltd (“COSCO Guangdong”), a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a Self-erecting Drilling Tender Barge, to Energy Drilling. The delivery documents were signed by and between COSCO Guangdong and the buyer recently. The tender barge has a working depth of 2,000 meters, a drilling depth of 20,000 feet and is equipped with heavy lift cranes with a safe working load of 400 metric tonnes.

1 Aug 2014

Energy Drilling secures first contract for 'Edrill-1'

PTT Exploration & Production Public Co. Ltd (PTTEP) has executed an agreement fixing high specification tender rig ‘EDrill-1’ for a firm term of three years. The transaction was made effective on 1st August 2014 with the Bongkot Program commencement date set for October 2014. ‘EDrill-1’ was handed over to the Operations Preparation group in April 2014 and has been undergoing trial rig up and rig down exercises at COSCO Guangdong shipyard. The rig’s light-weight Drilling Equipment Set (DES) erects in three major heavy lifts and is ideally suited to the fast paced Gulf of Thailand infield drilling programs. Marcus Chew – CEO of Energy Drilling commented that “This contract marks the important first step for Energy Drilling towards establishing itself as a reputable provider of tender rig solutions. We are most honoured that it is awarded by PTTEP, a well-respected pioneer in the use of tender rigs in the Gulf of Thailand. We are confident that our experienced crew and superior design will result in consistent and optimal drilling performance for our client.”

7 Nov 2014

Energy Drilling commences drilling for PTTEP

Energy Drilling’s first tender assist barge rig, EDrill-1, commenced its maiden charter with PTTEP Thailand on September 24, 2014. After deploying and pre-tensioning all anchors, the Drilling Equipment Set (DES) was lifted and assembled onto Bongkot WP-4 platform in 8 hours. The three (3) major heavy lifts consist of (1) Masterskids including shaker tank, (2) Drillfloor including drawworks and outboard cantilevers and (3) the 152 ft. Telescoping Mast. After the DES and third party equipment lifting was completed, the tender barge was relocated to the “Drilling Position” to raise and scope the Mast in preparation for drilling operations. . Within the first few days of operations, PTTEP arranged for a religious blessing ceremony to be held onboard the rig. Five Buddhist monks and one Imam were transported to the rig by a specially arranged helicopter. Operations were suspended and all non essential personnel were invited to attend the blessing ceremony held in the recreation room. After the ceremony, the monks and Imam walked the length of the deck and completed the ceremony. Lunch was served and the crews went back to work. EDrill-1 program on the WP-4 platform involves plugging and abandonment of four wells and re-entry drilling of six wells. Three wells had successfully been plugged and abandoned at end October.

21 Nov 2014

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.

7 Dec 2014

Top Hull installed upon 'Edrill-3'

The construction of Energy Drilling’s latest semi-tender rig has marked a significant milestone with the successful installation of EDrill-3’s Upper Hull deck box modules in the first week of December, a little more than a month after the lower hull was launched towards the end of October. The EDrill-3’s Upper Hull has been constructed and outfitted with major equipment packages in parallel with the Lower Hull since the project’s outset. Living Quarters module is undergoing pre-lift preparations and will be installed in the second week of December. The Edrill-3 is being constructed at Cosco Guangdong Shipyard in southern China. The project team is led by Edrill’s project manager, Jason Tan and his counterpart, Zhu Qing from Cosco. A beaming Zhu Qing said, “We are very pleased with results of the upper hull lifting operations and fit up. A lot of engineering and planning has gone into this to ensure we have a smooth and safe operation. The project will now go into its final phase of completion, testing and commissioning. We want to make sure that our client has a first class rig ready by 3Q 2015”. EDrill-3 is a four column Ocean Class design by MSC Gusto. It will be the largest semi-tender in the world when completed next year.

7 Oct 2015

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.”

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