Under the contract, Velesto will assign the NAGA 5 rig to drill a firm 15 wells. Operations are scheduled to begin in June 2025.

The Shenandoah FPS is in the final stages of hook-up and is expected to begin producing oil later this summer.

The contract’s scope of work includes design, execution, and evaluation of multistage hydraulic fracturing treatments deployed across a range of Abu Dhabi assets.