Atwood Falcon Scores More Work from Sarawak Shell

Shell Sarawak, Malaysia
(Click to Enlarge)
Atwood Oceanics reports that the Atwood Falcon has been awarded an additional contract by Sarawak Shell Berhad to drill seven firm wells with options for six additional wells off the coast of Malaysia. The rig is currently mobilizing to Japan to drill two wells for Japan Energy Development Co., Ltd.

Immediately upon completion of the Japan Energy commitment (estimated August/September 2005), the rig will mobilize back to Malaysia to commence the additional work for Shell, which is estimated to take approximately nine months to drill the seven firm wells and could extend another seven to eight months if all option wells are drilled. The contract provides for a dayrate for the first well drilled of $53,000 to $83,300 depending upon the water depth of the well. This is a carryover of an exercise of one remaining option under the previous Shell contract. For the remaining six firm wells, the dayrate will be $93,000. All option wells drilled will have a dayrate of $113,000.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Well Monitoring Specialist
Expertise: WellSite Supervisor
Location: Houston, TX
Chief Mechanic (6th Gen Drillship)(Contract)
Expertise: Rig Mechanic
Location: Houma, LA
ET (Deepwater Drillship)
Expertise: Rig Electrician
Location: Houma, LA
search for more jobs

Brent Crude Oil : $49.98/BBL 1.59%
Light Crude Oil : $49.18/BBL 1.56%
Natural Gas : $2.73/MMBtu 1.44%
Updated in last 24 hours