Shell books Velesto rig for seven wells

Malaysian offshore drilling contractor Velesto Drilling has been awarded a contract by Shell for the provision of jack-up rig services.

The contract is for the jack-up rig NAGA 4, with an estimated contract value of $17.68 million.

Under the contract, the NAGA 4 will drill seven firm wells off the East Malaysian states of Sabah and Sarawak with an expected start date between 15 August 2021 to 15 October 2021.

The NAGA 4 rig is a premium independent-leg cantilever jack-up drilling rig that has a drilling depth capability of 30,000 feet and has a rated operating water depth of 400 feet.

Original Source: https://ocean-energyresources.com/2021/04/09/shell-books-velesto-rig-for-seven-wells/