Valaris Wins US Gulf of Mexico Work from Kosmos, Unnamed Operator

Production in the U.S. Gulf of Mexico averaged approximately 17,000 barrels of oil equivalent per day (boe/d) net (81% oil) during the third quarter.

Hart Energy Staff

Valaris Ltd. has been awarded multiple new contracts from Kosmos Energy for work in the U.S. Gulf of Mexico (GoM), the company said on Jan. 4.

The deal includes a one-well contract with Kosmos in the U.S. GoM for semisubmersible VALARIS DPS-5, expected to commence in February 2022 with an estimated duration of 105 days; a one-well contract with Western Gas offshore Australia for semisubmersible VALARIS MS-1, which is expected to commence in the first quarter 2022 with an estimated duration of 25 days; and a one-well contract with an undisclosed operator in the U.S. GoM for VALARIS 144, a standard-duty modern jackup that is expected to commence in the first quarter 2022 with a minimum duration of 68 days.

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