Valaris 113 (Advanced Energy Systems (ADES)) (Jackup)

Spudding of Bualuang B8/38-8 (NW-1) Exploration Well

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22 October 2012

Salamander Energy plc announces the start of its exploration campaign in the Greater Bualuang area, offshore Gulf of Thailand. The B8/38-8 (NW-1) well is testing one of a number of fault terraces to the north west of the Bualuang oil field. Resource potential of 10 – 15 MMbo has been identified in a cluster of prospects to the north of the field. The B8/38-8 (NW-1) well will be drilled by the Atwood Mako jack up rig that is under long term contract to the Group and recently concluded a short drilling programme from Bualuang Alpha Platform. B8/38-8 (NW-1) is expected to be a 14 day well and is the first of two exploration wells that are currently envisaged as part of the immediate programme. The Bualuang Bravo Platform construction is complete and the load-out, sail-away, hook up and commissioning will commence later this month. Once installed, the rig will move onto the Bravo Platform for a 16 well development drilling programme, which will lead to a sharp rise in production from the Bualuang field in 2013.

Source: http://www.salamander-energy.com/media/news/spudding-bualuang-b838-8-nw-1-exploration-well


More News for Operator: Advanced Energy Systems (ADES)

4 Dec 2014

EnQuest hire 'Atwood Mako' for Malaysia drilling

Atwood Oceanics (Atwood), has been awarded a new drilling contract for its ‘Atwood Mako’ jackup rig. According to the company’s fleet status report released on the 1st December 2014, EnQuest PLC has through its subsidiary EQ Petroleum Developments Malaysia SDN BHD has hired the rig for a two well drilling operation in Malaysia. The unit which recently completed a contract with Salamander Energy in Thailand, will remain idle in Malaysia until the contract begins on the 2nd January 2015. The dayrate for the new contract has been set at USD145,000. In other news, Atwood announced that it has retired the ‘Atwood Southern Cross’ semisub through the sale of the asset to a shipyard. The 38 year old unit has been cold stacked since completing its last contract with Audax Resources in 2010.

12 Jan 2015

Atwood secures contract for 'Atwood Mako'

Atwood Oceanics, Inc. (“Atwood”) announced today that the company has secured a short term contract for its Atwood Mako jackup. The contract is for a period of 70 days and includes a priced option period. Atwood did not release details of the contractor or the country of operation, instead the company highlighted that the unit would continue to work in South East Asia, at a rate of USD155,000 a day. The unit will mobilise to its new location and begin the contract upon completion of its current contract with EnQuest in Malayisa.

16 Oct 2014

OSM launches newbuild jackup in Indonesia

OSM New Build Management (OSM) is pleased to announce that earlier this month OSM officially launched their first Jack Up Project (Hull no. L209) in the PaxOcean Graha Shipyard. Owned by Beijing Petrolor Oilfield Services Co.ltd, the Jack Up rig is based on a Gusto MSC CJ46 design and was built in the PaxOcean Graha shipyard. The vessel is classified under ABS and can operate up to a water depth of 375 feet. The expected delivery of this vessel is April 2015. OSM’s Douglas Dalli, Head of New Building Management, said: “We are delighted to be announcing this project launch with Beijing Petroler Oilfield Services. The launch of this Jack Up rig is a strong representation of OSM’s ability to execute in its core markets and will hopefully result in more like projects.”

22 Jan 2015

'Impetus' jackup delivered to Integradora de Servicios Petroleros Oro Negro

Hull No. P2040 (IMPETUS), was successfully delivered on 22nd Jan 2015 to Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V. ("Oro Negro"). IMPETUS is the third in a series of six units of Pacific Class 400 high specification jack up drilling rigs ordered by Oro Negro. The naming ceremony of IMPETUS was held on 09th Jan 2015 in PPL Shipyard. The unit will now mobilise to Mexico, however, it is yet to be contracted for drilling services.

15 May 2015

Noble agrees to jackup rate reduction with Saudi Aramco

Noble Corporation (“Noble”) today released its updated fleet status and announced that the company reached an agreement with Saudi Aramco to reduce the operating dayrates for five jackup rigs. The dayrate reductions are effective from 1st January 2015 and run through the entirety of 2015 and will be applied over the remaining life of the existing contracts. The rigs in question are the Noble Scott Marks, Noble Roger Lewis, Noble Gene House, Noble Joe Beall and Noble Charles Copeland. The dayrates for the Noble Scott Marks and Noble Roger Lewis were reduced to USD169.5k whilst the remaining three jackup rates were reduced to USD65k. This announcement follows earlier agreements that Saudi Aramco negotiated with Rowan and Ensco for rate reductions in 2015.

26 Aug 2015

Oro Negro reaches rate reduction deal with Pemex for four jackups

Integradora de Servicios Petroleros Oro Negro, S.A.P.O. de C.V. (“Oro Negro”) and Pemex-Exploración y Producción (“Pemex”) have agreed on terms for amending their outstanding charter leases for Oro Negro’s Primus, Laurus, Fortius, and Decus jackup rigs. The amendments provide that the daily rental rate payable to Oro Negro for each of the rigs will be reduced from approximately USD160,000 to USD 130,000, for the period June 1st, 2015 through May 31st, 2016. From and after June 1st, 2016, the daily rental rate will return to approximately USD160,000. In addition, the charter leases will each be extended by one year.

21 Oct 2015

Ophir Energy begins new exploration campaign in Thailand

Ophir Energy Plc (“Ophir”) has announced that it has commenced a two well exploration drilling program in Block G4/50, in the western Gulf of Thailand with the spud of G4/50-10 exploration well on the Soy Siam prospect. The G4/50 Block partly surrounds Ophir’s producing Bualuang oil field and spans a series of Tertiary aged sub-basins in the western Gulf of Thailand. The two well program will test whether there is a working hydrocarbon system in one of these, the presently undrilled South Western Sub-Basin. The main play risk is considered to be charge, specifically source distribution and maturity. The Soy Siam Prospect comprises a single fault block which has potentially been charged from both the Bualuang and South Western Sub-Basins. The G4/50-10 well is targeting Miocene sandstones that are the age equivalent of the producing reservoirs in the Bualuang oil field, located 15 km to the north. The Soy Siam Prospect has 25 MMbo of mean prospective resource and a 21% chance of success. On completion of the G4/50-10 well, the rig will move to drill the Parichat South West (SW) prospect. The Emerald Driller jackup rig is being used for the G4/50 drilling programme. The estimated cost of the two well program is USD18 million and it is expected to take approximately 50 days to complete.

2 Nov 2015

Results of G4/50-10 Exploration Well

Ophir announces that it has completed operations on the G4/50-10 exploration well that was testing the Soy Siam prospect. The well reached a total depth of 1,627 metres (True Vertical Depth Sub-Sea) and encountered the primary Miocene reservoir targets on prognosis in terms of both reservoir quality and depth. However, all reservoirs were dry and no hydrocarbon shows were encountered. The well has therefore been plugged and abandoned as a dry hole. Preliminary well failure analysis suggests that the structure had no access to charge, which was identified pre-drill as one of the key risks. The rig will now move to drill the Parichat South West prospect. This well is independent of Soy Siam as it is testing a different petroleum system. The Parichat complex is a cluster of four fault blocks located 30 km south of the Bualuang field that have potentially been charged from deeper in the South Western Sub-Basin. Each fault block has multiple stacked, Miocene and Oligocene reservoir targets. The South West fault block is the initial target with a mean prospective resource of 25 MMbo and a 32% chance of success. If successful, the Parichat South East fault block would form an immediate follow on location.

22 Dec 2015

Oro Negro Signs Charter Agreement and Contract Extensions with PEMEX

On December 21, 2015, Perforadora Oro Negro, S. de R.L. de C.V. (“Oro Negro”) and Pemex Perforación y Servicios, ENS (“Pemex”) executed a new charter agreement for Oro Negro´s Impetus rig, for a period of 5 years with a day rate of USD$130,000.00. In addition, Oro Negro and Pemex Exploración y Producción signed amendments to the outstanding charter leases for Oro Negro’s rigs Primus, Laurus, and Fortius. The amendments provide a one year extension on the term on the contracts for each of the above mentioned rigs. Oro Negro expects to sign a similar one year extension for the Decus rig in the near term.

27 Jun 2006

New Contract Award

Noble Corporation (NYSE: NE) announced the receipt of a letter of award from Venture Production plc (“Venture Production”) to enter into a contract with the Company for a new F&G JU-2000E enhanced premium jackup drilling rig to be constructed by China Shipbuilding & Offshore International Co., Ltd./Dalian Shipbuilding Industry Co., Ltd (“DSIC”) in Dalian, China. The Venture Production commitment, which has been approved by both companies’ Board of Directors, will have a contract term of two years at a dayrate of $210,000 per day. There are no extensions or options beyond the contract term. The Company estimates the cost of the rig will be approximately $190 million. Venture Production has informed the Company that it anticipates employing the rig in the North Sea. Mark Jackson, President and Chief Operating Officer of Noble Corporation, said, “We are pleased to continue to build on our long-term relationship with Venture Production with this contract.” This rig is the third heavy duty, harsh environment (HDHE) F&G JU-2000E, a high specification Friede & Goldman designed jackup, that the Company has scheduled to deliver to customers over the next three years. The Company has previously reported contracts with Shell E and P Offshore Services B.V. for the first two such newbuild jackups, to be named the Noble Roger Lewis and Noble Hans Deul. Each of these harsh environment jackups has a 75 foot cantilever reach, rated water depth of 400 feet, and rated drilling depth of 30,000 feet.

1 Jun 2016

Pemex issues certificate of acceptance for Impetus

On May 29, 2016 Perforadora Oro Negro, S. de R.L. de C.V. (“Oro Negro”) completed the checklist for its Impetus rig and, consequently, Pemex Perforación y Servicios, EPS issued the certificate of acceptance for said rig to begin operations.

22 Oct 2013

PPL shipyard delivers 'fortius' jackup two months ahead of schedule

Integradora De Servicios Petroleros Oro Negro (Oro Negro) the Mexican focused jackup rig owner and manager has taken delivery of the company’s third jackup rig and the first to be constructed at the PPL shipyard in Singapore. The ‘Fortius’ unit was delivered on the 27th September 2013, two months ahead of schedule by the shipyard and the unit began its 45 day mobilisation to the Gulf of Mexico in October. Oro Negro’s ‘Fortius’, is a Baker Marine Pacific 400 class jackup and is capable of drilling in water depths of 400ft and down to depths of 30,000ft. Oro Negro has five further jackups on order at PPL’s yard, all of which are being built to the same design as the ‘Fortius’.

3 Aug 2011

Spudding of CAT BA-1X exploration well

Salamander Energy announces the spud of the Cat Ba–1X (“101-CB-1X”) exploration well in Block 101-100/04, offshore northern Vietnam. The 101-CB-1X well will be drilled to a depth of approximately 1,900 metres. The primary objective is a Palaeozoic carbonate, (buried hill) structure with secondary objectives in the overlying Tertiary clastic section. The mean gross pre-drill estimate of prospective recoverable resource is approximately 100 MMbo. The well will be drilled by the Aquamarine Driller jack-up rig in a water depth of 49 metres. It is expected to take approximately 25 days to complete on a dry hole basis. Salamander holds a 30% operated interest in Block 101-100/04, subject to final government approval of the farm-out of 20% interest to JX-Nippon Oil & Gas Exploration Corporation announced in May 2011.

1 Sep 2011

CAT BA-1X sub-commercial oil and gas discovery

Salamander Energy announces the completion of the Cat Ba–1X (“101-CB-1X”) exploration well in Block 101-100/04, offshore northern Vietnam. Block 101-100/04 was the subject of a farm out as announced on 31st May 2011. The 101-CB-1X well was drilled to a total depth of 1,724 metres. The well encountered 38 metres of net hydrocarbon pay in Tertiary clastics, the secondary objective of the well. The pay section comprises a series of gas-bearing sandstones underlain by an oil-bearing reservoir. A full suite of wire-line logs and pressure data were recorded over the reservoir sections and samples of oil and gas were recovered. These data show that the Tertiary reservoirs are of good quality, however pressure data and seismic mapping indicates the in-place resource volumes encountered by the well are probably below levels needed for commercial development. No oil shows were observed and only low levels of gas were recorded while drilling the primary objective, the Palaeozoic ‘buried hills’ play. Subsequent wire-line logging did not reveal any zones of interest. The Cat Ba-1X well has subsequently been plugged and abandoned as a sub-commercial discovery.

20 Sep 2012

Atwood Mako Rig Spudded First Well

Salamander Energy plc announces that the Atwood Mako jack up rig (the “Mako”) has arrived on location and commenced development drilling from the Bualuang Alpha platform on the Group’s B8/38 licence in the Gulf of Thailand. The Mako is on long term contract, and will initially complete a short development drilling programme on the Bualuang Alpha Platform. Salamander will then be using the rig to drill two exploration prospects on its acreage in the Greater Bualuang area ahead of an extended development drilling campaign from the Bualuang Bravo platform from the end of October.

13 Nov 2012

NW-1 Exploration Well Update

The B8/38-8 exploration well targeting the Northwest Terrace prospect (“NW-1”) has been drilled to TD. The NW-1 well was targeting a small fault terrace structure located north of the Bualuang field. The well reached a TD of 1,792 metres true vertical depth sub-sea (“TVDSS”) and a program of wire-line logging, pressure and liquid sampling undertaken. The well encountered thin oil-bearing early Miocene T2 sandstones below 1,725 metres TVDSS. Well-developed sections of both the T5 and T4 mid-Miocene sandstones were found to be water-wet. The initial conclusion is that the sand-rich section of the T5 has led to leakage across the bounding fault at this location. The well is currently being plugged and abandoned as a sub-commercial oil discovery.

15 Jul 2013

Rayong Exploration Well

Salamander Energy plc announces that the G4/50-4 exploration well, targeting the Rayong prospect in the Kra Central sub-basin, Block G4/40, Gulf of Thailand, has been drilled to a total vertical depth subsea of 1,889 metres. The well encountered a 119 metre section of excellent quality P20 Miocene sandstones, the primary target on depth prognosis. However, following the completion of a logging and sampling programme, these sandstones were found to be water-wet. In the deeper Permian carbonate target the well encountered a 34 metre section of Ratburi limestone which was not deemed to be of reservoir quality. The well has been plugged and abandoned and the Atwood Mako rig is now mobilising to drill the Surin prospect in the Western Central sub-basin.

29 Jul 2013

Spud of G4/50-5 Exploration Well

Salamander Energy plc announces the spud of the next well in its on-going exploration programme in Block G4/50, Gulf of Thailand. The G4/50-5 exploration well is targeting the Surin prospect, located in the north west of the block in the Western Central sub-basin. G4/50-5 is targeting oil in Miocene sandstones and is estimated to contain mean prospective recoverable resources of 16 MMbo with access to hydrocarbon charge being identified as the key risk. Exploration success at Surin would open the play in the Western Central subbasin and de-risk the neighbouring Ayutthaya and Buriram prospects. G4/50-5 will be drilled to approximately 2,125 metres total vertical depth sub-sea using the Atwood Mako jack up rig and is expected to take around 10 days to reach target depth. On completion of the G4/50-5 well the rig will return to the Bravo platform to continue the development drilling campaign on the Bualuang field.

18 Sep 2013

Spud of Ayutthaya Exploration Well

Salamander Energy plc announces the spud of an exploration well in Block G4/50, Gulf of Thailand targeting the Ayutthaya prospect. Ayutthaya is located in the Western Central sub-basin, some 7 km northeast of the recent Surin oil discovery. The well will target oil in Miocene sandstones and is estimated to contain mean prospective recoverable resources of 30 MMbo. The well will be drilled to approximately 2,350 metres total vertical depth sub-sea using the Atwood Mako jack up rig.

6 Aug 2013

Surin Oil Discovery

Salamander Energy plc announces that the G4/50-5 exploration well, has discovered oil in the Surin prospect in the central portion of the Western sub-basin, Block G4/50, Gulf of Thailand. Oil was discovered in good quality Miocene fluvial sandstones in the primary N40 target zone over the interval 1,525 to 1,533 metres TVDSS. Wire-line logs and pressure data confirmed the presence of approximately 8 metres of oil pay. Oil samples recovered from the zone indicate a 31 degree API oil and mapping of the Surin fault block indicates between 15 and 20 metres of column height above the location of the well penetration. Further evaluation is required to determine the potential resource volume encountered in the Surin discovery. The well has been plugged and abandoned as an oil discovery. James Menzies, Chief Executive of Salamander, commented: "The discovery of oil in the Surin fault block, a 25 km step out from the Bualuang field, has proven the access to an oil charge in the Western Central sub-basin, which had been identified as a key risk pre-drill. Resource estimates for Surin are being assessed but this is clearly a positive step in de-risking the neighbouring prospects and in understanding the local petroleum system."

8 Jan 2014

Bualuang Field Update

Salamander Energy announces that due to a damaged production riser, production from the Bualuang oil field has been temporarily shut-in. During bad weather conditions, the Rubicon Vantage FPSO drifted into the exclusion zone designed to protect the production infrastructure. The Vantage's mooring chains then came into contact with, and damaged, the production riser resulting in a small amount of oil being observed on the surface. Production was immediately halted and operations commenced to clean up the discharge, estimated to be approximately 20 barrels. The situation was contained and all oil was successfully dispersed within a five hour period. Further inspection work and repairs are underway. The FPSO owner has made arrangements for a new production riser to be fitted if required, which on current schedule would see production re-commence around 25th January 2014. Salamander does not anticipate that it will incur any significant repair costs. Development drilling is not impacted by these events and the Atwood Mako rig remains on the Bravo platform and is currently drilling the BB-02H well. Salamander will use the opportunity provided by this period of downtime to accelerate planned maintenance and has rescheduled some of the hook up work on the recently installed process modules. The new FSO, that will be installed later this year, will have a turret mooring system with 360 degree swivel capability with no need for an exclusion zone and hence the risk of this kind of incident being repeated will be removed. Despite the shut-in the Group's production forecast for 2014 remains unchanged with production expected to average between 13,000 and 16,000 boepd.

16 May 2013

Keppel FELS delivers second jackup rig to Oro Negro early

Keppel FELS has delivered a second KFELS B Class jackup rig to offshore Mexican oil field services company, Integradora de Servicios Petroleros Oro Negro (Oro Negro). Named Laurus at Keppel FELS today, the rig was delivered eleven days early and with a perfect safety record. Laurus is the second of two high-specification jackup rigs that Keppel FELS has built for Oro Negro which will be chartered to PEMEX, Mexico's national oil company, for deployment in offshore Mexico. The first rig, Primus, was delivered in December last year.

4 Dec 2012

Keppel FELS delivers jackup rig early to new Mexican customer

Keppel FELS has delivered Primus, a KFELS B Class jackup rig, to offshore Mexican oil field services company, Integradora de Servicios Petroleros Oro Negro (Oro Negro), seven days early and with a perfect safety record. Named earlier today at Keppel FELS, Primus was officially delivered on 16 November 2012. It is the first of two rigs by Keppel FELS for Oro Negro after the Mexican company purchased them from Jasper Investments. Primus is Oro Negro's first jackup rig and is suited for deployment in various parts of the world including the Gulf of Mexico.

8 Apr 2006

Keppel FELS on track to deliver one of the world’s deepest jackup drilling rigs

Keppel FELS Ltd (Keppel FELS) is on track to deliver one of the world’s deepest drilling rigs, Deep Driller 2, to Sinvest ASA on time and within budget. Mr Lim Swee Say, Minister, Prime Minister’s Office and Deputy Secretary-General, National Trades Union Congress graced the christening ceremony as Guest-of-Honour. Other dignitaries included Mr Bjarne Skeie, Chairman of Sinvest ASA and Deep Drilling Group, owner of Deep Driller 2, and Mr Lim Chee Onn, Executive Chairman of Keppel Corporation. Built to the KFELS Super B Class design, Deep Driller 2 is an enhancement of the highly acclaimed KFELS B Class design. The rig has been customised to the owner’s specifications and marks another milestone in Keppel’s design and engineering capability. When delivered, Deep Driller 2 will be one of the world’s deepest drilling rigs, capable of drilling down to 35,000 feet. She will be contracted to Brunei Shell Petroleum Company for deployment in offshore Brunei Darussalam.

17 Oct 2008

Keppel FELS delivers fourth Sinvest jackup drilling rig on time

Keppel FELS Limited (Keppel FELS) has delivered the jackup drilling rig, Deep Driller 6, to Sinvest AS (Sinvest), a subsidiary of Aban Singapore Pte Ltd (ASPL) on time and within budget. Deep Driller 6 is the fourth unit to be delivered in a series of five KFELS Super B Class rigs built for Sinvest. The fifth rig, Deep Driller 8, is on track for a timely delivery in the first quarter of 2009. The KFELS Super B Class design is one of the world’s deepest drilling rigs, with capabilities for drilling High Pressure, High Temperature wells up to 35,000 ft at 350 ft water depth.

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