Valeura Energy Secures Rig for Gulf of Thailand Drilling Campaign
Valeura Energy has chartered the Shelf Drilling Enterprise jackup rig for a multi-year drilling campaign in the Gulf of Thailand. The rig is secured for a three-year term, with operations set to commence in the fourth quarter of 2026. This initiative is part of Valeura's strategy to accelerate production and conduct further appraisal and exploration drilling across its asset base. CEO Sean Guest highlighted the company's confidence in its reserves and drilling inventory, citing strong reserves replacement in recent years. The Gulf of Thailand is positioned as a core growth area for Valeura, with 57.8 million barrels of proved and probable reserves reported at the end of 2025.