The rig has spudded the Dzheitune (Lam) development well 13/160, which is the first of four wells planned to be drilled from this platform.

The company said two wells and one sidetrack are expected to be completed by the end of this year with the remaining two wells and another sidetrack to be completed next year.

Dragon Oil is an oil and gas development and production firm, with principal producing asset in the Cheleken Contract Area in the eastern section of the Caspian Sea, offshore Turkmenistan.