Medco charters JDC semi-sub for Indonesia drilling
- Business & Finance
Indonesian oil and gas company Medco has hired a semi-submersible drilling rig for drilling offshore Natuna, Indonesia.
The rig is the Hakuryu-5 unit owned by the Japanese offshore drilling company Japan Drilling Co.
The contract is expected to begin around July – August, 2019. The deal is for two firm wells which are expected to take 123 days.
Medco will have 2 option wells to extend the drilling contract, which should extend the deal for about 98 days.
The Hakuryu-5 is, a twin lower hull, column stabilized, propulsion-assisted semi-submersible drilling rig built in 1977 at Mitsubishi Hiroshima Shipyard.
In 2009, lower-hull was upgraded by installing “deep dish” for life enhancement, structural improvement, and increase of variable load.
In 2014, the accommodation was upgraded for 150 persons, deck cranes were replaced with new ones with larger capacities, and main drilling & ship service equipment were renewed.
Offshore Energy Today Staff