Premier Oil hires Valaris drillship for well off Brazil

Oil and gas company Premier Oil has hired a Valaris-owned drillship for operations on Block 717 located offshore Brazil. 

In an update on Tuesday, Premier said it had contracted the Valaris DS-9 drillship to drill the Berimbau/Maraca stacked prospects on Premier’s operated Block 717 in the Ceara Basin in Brazil.

The well is scheduled to spud in the third quarter and is targeting unrisked resource of 300 mmbbls. Premier has not revealed any further details about the rig’s contract.

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