Shelf Drilling scoops two jack-up rig contracts

Shelf Drilling scoops two jack-up rig contracts

Shelf Drilling Mentor

13 Sept. 2017

Shelf Drilling, a shallow water offshore drilling contractor, has secured contracts for two of its jack-up drilling rigs in Dubai. 

Shelf’s two drilling rigs, Shelf Drilling Tenacious and the Shelf Drilling Mentor (previously called the West Mischief), have each won a two-year contract with Dubai Petroleum, including two one-year options. The planned startup of operations is January 2018, Shelf said on Monday.

Shelf Drilling bought the West Mischief jack-up, now known as Shelf Drilling Mentor, as well as two other jack-ups, the West Triton and West Resolute, from Seadrill in May. With this acquisition, Shelf Drilling’s total shallow water rig count increased to 40. The rigs were bought for approximately $225 million. Upon delivery, the West Resolute was renamed Shelf Drilling Resourceful and West Triton was renamed Shelf Drilling Tenacious.

David Mullen, Chief Executive Officer, Shelf Drilling, said: “We are extremely pleased with this award for two of our recently acquired premium jack-up rigs. This opportunity further strengthens our market leading position in the Middle East region. Read More

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