Valeura charters Shelf Drilling Enterprise jackup for Gulf of Thailand

Valeura Energy chartered the Shelf Drilling Enterprise jackup for a three-year term running to 31 December 2029, with drilling operations expected to begin in Q4 2026 focused initially on production acceleration projects.

The Enterprise is a Baker Marine Pacific Class 375 jackup built in 2007 and upgraded in 2020, capable of operating in water depths to 114 m. The rig is owned by Shelf Drilling (Southeast Asia), a subsidiary of ADES Holding Company.

Valeura holds an option on the start date. The charter covers operations across the company’s Gulf of Thailand portfolio, where the Canadian operator holds 57.8 million barrels of proved plus probable reserves as of 31 December 2025.