Maersk Drilling bags contract extension for Maersk Discoverer rig from CGX

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Maersk Drilling said that it has bagged a one-well contract extension in Guyanese waters for its drilling rig from Canadian oil and gas firm CGX Resources.

The was awarded a contract for the drilling of an exploration well in the Corentyne Block offshore Guyana by in April 2021. At that time, the contract had an option to drill an exploration well in the Demerara Block, which has now been exercised by the Canadian company.

is the operator of the Demerara Block, where it is partnered by Frontera Guyana Corp.

Drilling of the second exploration well in the is anticipated to begin in the first half of next year in direct continuation of ’s contract with Shell Trinidad.

Maersk Drilling bags contract extension for Maersk Discoverer rig from CGX Resources in Guyana

Maersk Drilling bags contract extension for rig from CGX Resources in Guyana. Photo courtesy of MAERSK DRILLING.

The semi-submersible rig is now booked fully throughout 2021 and part of 2022, said Maersk Drilling. The DSS-21 column-stabilised dynamically positioned drilling rig can operate in water depths up to 10,000ft.

Morten Kelstrup — COO of Maersk Drilling said: “It’s a pleasure working for CGX. The rig has successfully spudded the first well and we are grateful for the opportunity to support their continued success in Guyana.

“The region holds great potential and with our multiple active rigs in the area, we are well positioned to tap into the positive outlook for hydrocarbon developments in the Americas.”

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