401k Plan data: SHELF DRILLING US 401(K) PLAN plan

SHELF DRILLING US 401(K) PLAN 401k Plan overview

Plan Name	SHELF DRILLING US 401(K) PLAN
Plan identification number	001

SHELF DRILLING US 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

SHELF DRILLING MANAGEMENT SERVICES DMCC has sponsored the creation of one or more 401k plans.

Company Name: SHELF DRILLING MANAGEMENT SERVICES DMCC

Employer identification number (EIN): 981085895

NAIC Classification: 211120
NAIC Description: Crude Petroleum Extraction

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SHELF DRILLING US 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 COLETTE BERRYMAN 2023-10-10
001 2021-01-01 BARNABE FOYAN 2022-10-09
001 2020-01-01 DANIEL HOFF 2021-10-06
001 2019-01-01 DANIEL HOFF 2020-10-06
001 2018-01-01 DANIEL HOFF 2019-10-08
001 2017-01-01
001 2016-01-01
001 2015-01-01 DANIEL HOFF
001 2014-01-01 DANIEL HOFF
001 2013-01-01 DANIEL HOFF 2014-07-29

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	COLETTE BERRYMAN	2023-10-10
001	2021-01-01	BARNABE FOYAN	2022-10-09
001	2020-01-01	DANIEL HOFF	2021-10-06
001	2019-01-01	DANIEL HOFF	2020-10-06
001	2018-01-01	DANIEL HOFF	2019-10-08
001	2017-01-01
001	2016-01-01
001	2015-01-01	DANIEL HOFF
001	2014-01-01	DANIEL HOFF
001	2013-01-01	DANIEL HOFF	2014-07-29

Plan Statistics for SHELF DRILLING US 401(K) PLAN

401k plan membership statisitcs for SHELF DRILLING US 401(K) PLAN

Measure Date Value
2022: SHELF DRILLING US 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 83
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 51
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 24
Total of all active and inactive participants 2022-01-01 75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 75
Number of participants with account balances 2022-01-01 75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 1
2021: SHELF DRILLING US 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 96
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 53
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 29
Total of all active and inactive participants 2021-01-01 83
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 83
Number of participants with account balances 2021-01-01 83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 2
2020: SHELF DRILLING US 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 106
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 65
Number of retired or separated participants receiving benefits 2020-01-01 2
Number of other retired or separated participants entitled to future benefits 2020-01-01 29
Total of all active and inactive participants 2020-01-01 96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 96
Number of participants with account balances 2020-01-01 96
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 2
2019: SHELF DRILLING US 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 99
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 81
Number of retired or separated participants receiving benefits 2019-01-01 1
Number of other retired or separated participants entitled to future benefits 2019-01-01 24
Total of all active and inactive participants 2019-01-01 106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 106
Number of participants with account balances 2019-01-01 104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 3
2018: SHELF DRILLING US 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 105
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 78
Number of retired or separated participants receiving benefits 2018-01-01 1
Number of other retired or separated participants entitled to future benefits 2018-01-01 20
Total of all active and inactive participants 2018-01-01 99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 99
Number of participants with account balances 2018-01-01 98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 1
2017: SHELF DRILLING US 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 107
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 79
Number of retired or separated participants receiving benefits 2017-01-01 1
Number of other retired or separated participants entitled to future benefits 2017-01-01 23
Total of all active and inactive participants 2017-01-01 103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 103
Number of participants with account balances 2017-01-01 101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: SHELF DRILLING US 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 134
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 78
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 29
Total of all active and inactive participants 2016-01-01 107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 107
Number of participants with account balances 2016-01-01 107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: SHELF DRILLING US 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 161
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 108
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 26
Total of all active and inactive participants 2015-01-01 134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 134
Number of participants with account balances 2015-01-01 125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 10
2014: SHELF DRILLING US 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 148
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 153
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 7
Total of all active and inactive participants 2014-01-01 160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 1
Total participants 2014-01-01 161
Number of participants with account balances 2014-01-01 141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 7

Measure	Date	Value
2022: SHELF DRILLING US 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	83
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	51
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	24
Total of all active and inactive participants	2022-01-01	75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	75
Number of participants with account balances	2022-01-01	75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	1
2021: SHELF DRILLING US 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	96
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	53
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	29
Total of all active and inactive participants	2021-01-01	83
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	83
Number of participants with account balances	2021-01-01	83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	2
2020: SHELF DRILLING US 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	106
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	65
Number of retired or separated participants receiving benefits	2020-01-01	2
Number of other retired or separated participants entitled to future benefits	2020-01-01	29
Total of all active and inactive participants	2020-01-01	96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	96
Number of participants with account balances	2020-01-01	96
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	2
2019: SHELF DRILLING US 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	99
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	81
Number of retired or separated participants receiving benefits	2019-01-01	1
Number of other retired or separated participants entitled to future benefits	2019-01-01	24
Total of all active and inactive participants	2019-01-01	106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	106
Number of participants with account balances	2019-01-01	104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	3
2018: SHELF DRILLING US 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	105
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	78
Number of retired or separated participants receiving benefits	2018-01-01	1
Number of other retired or separated participants entitled to future benefits	2018-01-01	20
Total of all active and inactive participants	2018-01-01	99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	99
Number of participants with account balances	2018-01-01	98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	1
2017: SHELF DRILLING US 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	107
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	79
Number of retired or separated participants receiving benefits	2017-01-01	1
Number of other retired or separated participants entitled to future benefits	2017-01-01	23
Total of all active and inactive participants	2017-01-01	103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	103
Number of participants with account balances	2017-01-01	101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: SHELF DRILLING US 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	134
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	78
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	29
Total of all active and inactive participants	2016-01-01	107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	107
Number of participants with account balances	2016-01-01	107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: SHELF DRILLING US 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	161
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	108
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	26
Total of all active and inactive participants	2015-01-01	134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	134
Number of participants with account balances	2015-01-01	125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	10
2014: SHELF DRILLING US 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	148
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	153
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	7
Total of all active and inactive participants	2014-01-01	160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	1
Total participants	2014-01-01	161
Number of participants with account balances	2014-01-01	141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	7

Financial Data on SHELF DRILLING US 401(K) PLAN

Measure	Date	Value
2022 : SHELF DRILLING US 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-934,315
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$1,736,040
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$1,705,887
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,400,748
Value of total assets at end of year	2022-12-31	$14,028,796
Value of total assets at beginning of year	2022-12-31	$16,699,151
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$30,153
Total interest from all sources	2022-12-31	$42,461
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$359,749
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$359,749
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$549,843
Participant contributions at end of year	2022-12-31	$432,940
Participant contributions at beginning of year	2022-12-31	$566,223
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-2,670,355
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$14,028,796
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$16,699,151
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$12,402,127
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$15,044,116
Interest on participant loans	2022-12-31	$17,585
Interest earned on other investments	2022-12-31	$24,876
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$1,193,729
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$1,088,802
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-2,737,273
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$850,905
Employer contributions (assets) at end of year	2022-12-31	$0
Employer contributions (assets) at beginning of year	2022-12-31	$10
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$1,705,887
Contract administrator fees	2022-12-31	$30,153
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	UHY LLP
Accountancy firm EIN	2022-12-31	200694403
2021 : SHELF DRILLING US 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$3,451,110
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$3,205,286
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$3,192,187
Value of total corrective distributions	2021-12-31	$3,843
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,435,200
Value of total assets at end of year	2021-12-31	$16,699,151
Value of total assets at beginning of year	2021-12-31	$16,453,327
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$9,256
Total interest from all sources	2021-12-31	$35,146
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,150,645
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$1,150,645
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$571,390
Participant contributions at end of year	2021-12-31	$566,223
Participant contributions at beginning of year	2021-12-31	$627,437
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$245,824
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$16,699,151
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$16,453,327
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$15,044,116
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$14,479,975
Interest on participant loans	2021-12-31	$23,038
Interest earned on other investments	2021-12-31	$12,053
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$1,345,915
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$1,345,915
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$55
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$1,088,802
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$830,119
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$863,810
Employer contributions (assets) at end of year	2021-12-31	$10
Employer contributions (assets) at beginning of year	2021-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$3,192,187
Contract administrator fees	2021-12-31	$9,256
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	UHY LLP
Accountancy firm EIN	2021-12-31	200694403
2020 : SHELF DRILLING US 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$3,985,620
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$3,190,905
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$3,122,433
Expenses. Certain deemed distributions of participant loans	2020-12-31	$26,161
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,925,810
Value of total assets at end of year	2020-12-31	$16,453,327
Value of total assets at beginning of year	2020-12-31	$15,658,612
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$42,311
Total interest from all sources	2020-12-31	$33,230
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$459,386
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$459,386
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$817,645
Participant contributions at end of year	2020-12-31	$627,437
Participant contributions at beginning of year	2020-12-31	$675,068
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$794,715
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$16,453,327
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$15,658,612
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$14,479,975
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$14,008,624
Interest on participant loans	2020-12-31	$28,054
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$1,345,915
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$974,920
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$974,920
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$5,176
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,567,194
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$1,108,165
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$3,122,433
Contract administrator fees	2020-12-31	$42,311
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	UHY LLP
Accountancy firm EIN	2020-12-31	200694403
2019 : SHELF DRILLING US 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$4,896,466
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$1,102,863
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,084,275
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$2,365,992
Value of total assets at end of year	2019-12-31	$15,658,612
Value of total assets at beginning of year	2019-12-31	$11,865,009
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$18,588
Total interest from all sources	2019-12-31	$47,097
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$370,096
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$370,096
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$989,224
Participant contributions at end of year	2019-12-31	$675,068
Participant contributions at beginning of year	2019-12-31	$566,063
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$53,174
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$3,793,603
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$15,658,612
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$11,865,009
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$14,008,624
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$10,715,888
Interest on participant loans	2019-12-31	$32,187
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$974,920
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$583,058
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$583,058
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$14,910
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,113,281
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$1,323,594
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,084,275
Contract administrator fees	2019-12-31	$18,588
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	UHY LLP
Accountancy firm EIN	2019-12-31	200694403
2018 : SHELF DRILLING US 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$1,739,737
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$881,697
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$877,549
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$2,321,192
Value of total assets at end of year	2018-12-31	$11,865,009
Value of total assets at beginning of year	2018-12-31	$11,006,969
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$4,148
Total interest from all sources	2018-12-31	$29,356
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$371,113
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$371,113
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$974,675
Participant contributions at end of year	2018-12-31	$566,063
Participant contributions at beginning of year	2018-12-31	$369,690
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$858,040
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$11,865,009
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$11,006,969
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$10,715,888
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$10,166,937
Interest on participant loans	2018-12-31	$19,815
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$583,058
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$470,342
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$470,342
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$9,541
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-981,924
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$1,346,517
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$877,549
Contract administrator fees	2018-12-31	$4,148
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	UHY LLP
Accountancy firm EIN	2018-12-31	200694403
2017 : SHELF DRILLING US 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$3,526,130
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$1,315,682
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$1,305,792
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$2,155,382
Value of total assets at end of year	2017-12-31	$11,006,969
Value of total assets at beginning of year	2017-12-31	$8,796,521
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$9,890
Total interest from all sources	2017-12-31	$17,070
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$233,168
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$233,168
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$901,257
Participant contributions at end of year	2017-12-31	$369,690
Participant contributions at beginning of year	2017-12-31	$394,657
Participant contributions at beginning of year	2017-12-31	$10
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$2,210,448
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$11,006,969
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$8,796,521
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$10,166,937
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$8,034,977
Interest on participant loans	2017-12-31	$13,410
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$470,342
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$366,877
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$366,877
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$3,660
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,120,510
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$1,254,125
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$1,305,792
Contract administrator fees	2017-12-31	$9,890
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	UHY LLP
Accountancy firm EIN	2017-12-31	200694403
2016 : SHELF DRILLING US 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$3,227,461
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$1,394,171
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$1,345,388
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$2,628,229
Value of total assets at end of year	2016-12-31	$8,796,521
Value of total assets at beginning of year	2016-12-31	$6,963,231
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$48,783
Total interest from all sources	2016-12-31	$10,858
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$214,778
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$214,778
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$1,143,461
Participant contributions at end of year	2016-12-31	$394,657
Participant contributions at beginning of year	2016-12-31	$308,317
Participant contributions at end of year	2016-12-31	$10
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$1,833,290
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$8,796,521
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$6,963,231
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$8,034,977
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$6,335,819
Interest on participant loans	2016-12-31	$10,244
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$366,877
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$319,095
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$319,095
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$614
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$373,596
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$1,484,768
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$1,345,388
Contract administrator fees	2016-12-31	$48,783
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	UHY LLP
Accountancy firm EIN	2016-12-31	200694403
2015 : SHELF DRILLING US 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$3,188,736
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$882,572
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$854,638
Value of total corrective distributions	2015-12-31	$2,076
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$3,229,665
Value of total assets at end of year	2015-12-31	$6,963,231
Value of total assets at beginning of year	2015-12-31	$4,657,067
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$25,858
Total interest from all sources	2015-12-31	$5,828
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$209,038
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$209,038
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$500,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$1,746,493
Participant contributions at end of year	2015-12-31	$308,317
Participant contributions at beginning of year	2015-12-31	$113,471
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$126,485
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$2,306,164
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$6,963,231
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$4,657,067
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$6,335,819
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$4,318,580
Interest on participant loans	2015-12-31	$5,433
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$319,095
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$225,016
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$225,016
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$395
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-255,795
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$1,356,687
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$854,638
Contract administrator fees	2015-12-31	$25,858
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	UHY LLP
Accountancy firm EIN	2015-12-31	200694403
2014 : SHELF DRILLING US 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$3,739,837
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$40,869
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$34,109
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$3,533,614
Value of total assets at end of year	2014-12-31	$4,657,067
Value of total assets at beginning of year	2014-12-31	$958,099
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$6,760
Total interest from all sources	2014-12-31	$2,141
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$101,059
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$101,059
Administrative expenses professional fees incurred	2014-12-31	$5,931
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$40,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$1,877,914
Participant contributions at end of year	2014-12-31	$113,471
Participant contributions at beginning of year	2014-12-31	$50,000
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$168,082
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$3,698,968
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$4,657,067
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$958,099
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$4,318,580
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$875,427
Interest on participant loans	2014-12-31	$2,066
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$225,016
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$32,672
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$32,672
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-12-31	$75
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$103,023
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$1,487,618
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$34,109
Contract administrator fees	2014-12-31	$829
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	UHY LLP
Accountancy firm EIN	2014-12-31	200694403

Form 5500 Responses for SHELF DRILLING US 401(K) PLAN

2022: SHELF DRILLING US 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: SHELF DRILLING US 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: SHELF DRILLING US 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: SHELF DRILLING US 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: SHELF DRILLING US 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: SHELF DRILLING US 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: SHELF DRILLING US 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: SHELF DRILLING US 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: SHELF DRILLING US 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

808574

Policy instance

Insurance contract or identification number	808574
Number of Individuals Covered	75
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

808574

Policy instance

Insurance contract or identification number	808574
Number of Individuals Covered	83
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	SHELF DRILLING MANAGEMENT SERVICES DMCC
Employer identification number (EIN):	981085895
NAIC Classification:	211120
NAIC Description:	Crude Petroleum Extraction