By OGJ editors
HOUSTON, May 28 -- Sarawak Shell Berhad, a subsidiary of Royal Dutch Shell Group, has reinstated a contract with Atwood Oceanics Inc., Houston, to use the Atwood Falcon for drilling wells off Malaysia.
The contract calls for drilling two firm wells with options to drill three additional wells. The drilling program is expected to start in August. If all three option wells are drilled, the program could extend into December, Atwood Oceanics said.
The day rate varies with the water depths involved: $83,000 for water depths deeper than 2,500 ft, $68,300 for water depths of 1,0000-2,500 ft, and $53,000 for water depths less than 1,000 ft.
