Thai operator PTT Exploration & Production is preparing a two-prong offshore drilling campaign in Malaysia by hiring two jack-up drilling rigs to work in tandem.
Both rigs are owned by Borr Drilling, which said in its latest fleet status report that it had signed contracts with PTTEP for the rigs Saga and Gunnlod.
The Saga contract starts in September 2020 and ends in September 2021; the Gunnlod contract runs from September 2020 until March 2021.
Both contracts contain options to extend; dayrates were not disclosed.
The Saga - a Keppel Fels Super B Bigfoot Class built in 2018 - has been working for Eni off Vietnam until the end of last month.
The Gunnlod - a PPL Pacific Class 400 built in 2018 - is currently warm-stacked in Singapore preparing to mobilise.
PTTEP made the significant Lang Lebah discovery in Block SK410B off Malaysia last year.
In its latest financial results, the Thai operator outlined its exploration plans for Malaysia.
"The Sarawak SK410B project is currently preparing for the drilling of an appraisal well to further evaluate potential upside in the second half of 2020 along with studying on the field development plan."
Three more offshore permits off Sarawak - SK417, SK438 and SK405B - along with PM 415 off Peninsular Malaysia are being evaluated for petroleum potential and exploration drilling in 2020-2021, added PTTEP.
Following its acquisition of Murphy Oil's Malaysian assets, PTTEP generates production in Malaysia at the Kikeh, Siakap North-Petai and Gumusut-Kakap deep-water fields, and shallow-water fields in Sarawak permits SK309 and SK311.
In addition, PTTEP expects to produce first gas in 2020 from the Rotan field in Block H, which will be tied in to the Petronas-owned Dua floating LNG vessel.