The rig will join four similar models being built for Grupo R at Keppel, as well as five KFELS B rigs from other Mexican companies, in the wake of the increase in Mexico’s proven oil reserves to 13.87bn barrels.
The rig, equipped with Keppel’s fully-automated high capacity rack and pinion jacking system and Self-Positioning Fixation System, will be capable of operating in water of up to 400ft and drill to depth of 30,000ft, according to Grupo R's requirements.
“We are delighted that Grupo R has chosen to build another jackup rig of the KFELS B Class design with us,” said Keppel FELS managing director, Wong Kok Seng. “The KFELS B Class is an industry leading jackup design with a proven track record in the Gulf of Mexico. With this order, there will be 65 KFELS B Class rigs in the market by 2015, of which some 13 rigs are for Mexico."
Mexican national oil company PEMEX has stated its aim to add between eight and 12 offshore platforms to its drilling fleet. The company plans investments of $25.3bn for 2013, of which $20bn will be targeted at upstream activities.
"Mexico is aiming to boost oil production through increased E&P with PEMEX looking for a number of new high specification rigs that can optimise their operations,” explained Ramiro Garza Vargas, Grupo R ceo. “The addition of this premium jackup rig to the four KFELS B Class jackups we ordered earlier will enable us to meet their requirements and strengthen our position as the leading player in Mexico's drilling industry.”
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