Noble Secures $14 Million Drilling Campaign With Shell in Brunei [Yahoo! Finance]
Archrock, Inc. (AROC)
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Source: Yahoo! Finance
The drilling campaign, which is estimated to last 30 days, will be conducted on the northern coast of the Borneo island. The contract has an estimated value of $14 million, inclusive of mobilization and de-mobilization fees. Noble Viking's contract involves drilling one firm well. It also includes a one-well option. The drilling assignment is scheduled to begin in the fourth quarter of 2025, in continuation of its previous contract. Built in 2014, the Noble Viking drillship boasts a Samsung 96K design and can operate in water depths of up to 12,000 feet. The rig's maximum drilling depth is approximately 12,000 feet. Noble Viking had secured a three-well drilling campaign with Prime Energy last year. The contract includes an option to drill one additional well. The drilling campaign will be conducted offshore Phillippines at the Malampaya-Camago field. The drillship is currently under contract in Malaysia, working with Shell's subsidiaries — Sarawak Shell Berhad and Sabah Shell P
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AROC
Earnings
- 10/28/25 - Beat
AROC
Sec Filings
- 12/15/25 - Form 8-K
- 11/13/25 - Form 8-K
- 11/10/25 - Form 4
- AROC's page on the SEC website