Walter Oil & Gas, Ithaca, Jadestone contract Valaris jackups

Valaris plc has issued an update on its offshore drilling rig fleet.

Offshore staff

LONDON – Valaris plc has issued an update on its offshore drilling rig fleet.

Offshore Nigeria, Shell has exercised a one-year priced option for the VALARIS DS-10. Estimated duration is March 2020 to March 2021

Offshore Australia, Chevron has exercised a one-well priced option for the VALARIS JU-107, with an estimated duration of 30 days from late February 2020 to late March 2020. Jadestone Energy has awarded the jackup a two-well contract, with an estimated duration of 115 days from June 2020 to September 2020.

In the North Sea, Ithaca Energy has awarded the VALARIS JU-101 a three-well contract that is expected to start in March 2020, with an estimated duration of 45 days.

In the US Gulf of Mexico, Walter Oil & Gas has awarded the VALARIS JU-75 a one-well contract. The contract began in late December 2019 and has an estimated duration of 40 days.

12/30/2019

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