Malaysia Integrated Rig Sequence - The Benefits and Challenges
Abstract Based on the data of drilling rigs working in Malaysia from 2014 to 2020 as per shown below, it can be concluded that, historically the demand for rig in Malaysia is very dynamic and it was influenced by mainly the brent price albeit a delayed impact. The red line showed the Brent Price. With the dynamic of the demand, a systematic and well-organized methodology to develop an integrated rig sequence was essential. It is to ensure all rigs were planned accordingly and successfully acquire in time to ensure the projects can be executed as per expectation. A glimpse on the outcome of having an integrated planning between all the parties related such as host authority, project planners, procurement team, and rig planning team together with a right tool is essential to sequence and plan the projects and the drilling rigs requirement.