PV DRILLING VI hornored to receive the Merit from Operator of Block 05.3/11 for Excellent Safety & Quality Performance

On February 5th, 2021, the PV DRILLING VI rig was honored to receive the Merit from operator of Block 05.3/11 for its outstanding achievements in drilling operation and HSE performance. According to the customer, the rig met and exceeded client’s expectations on their 2020/2021 drilling campaign at the Tho Tinh Nam oil field (TTN). Notably, PV DRILLING VI rig successfully completed two high-pressure, high temperature (HPHT) drilling wells, TTN-2X and TTN-3X, during a difficult period of the outbreak of the Covid-19 pandemic. Specifically, PV DRILLING VI rig carried out the drilling operations for operator of Block 05.3/11 from the beginning of May 2020 to the end of January 2021 without any Lost Time Incidents (Zero-LTI) as well as no environmental incidents. Also, in this 246-day drilling campaign, the rig's downtime (NPT) was only 36 hours, accounting for 0.6%. Thus, the rig has achieved an operating efficiency of 99.4%, a very high rate that few drilling campaigns ever achieved before.

The jack up PV DRILLING VI rig.

This is a clear evidence of the leadership's commitment to safety and quality performance as well as safety culture of PV DRILLING VI in particular and PV Drilling Corporation in general. Currently, PV DRILLING VI is en route to the ENI-operated block 114, offshore central Vietnam.  As scheduled, the rig will start the drilling campaign with 01 firm well and 01 optional well from mid-February of 2021.