Go Back
  • Offshore Driller News

    Market reports indicate ENSCO, plc and Noble Corporation are close to signing long-term floating rig contracts in the Gulf of Mexico. Indications are that BP will charter newbuild drillship ENSCO DS-6 for a multiyear (believed to be five-to-seven years) contract starting in the first-half of 2012. The rig is scheduled for delivery from Samsung Shipyard in South Korea in December. Further rumors are that Noble will sign semi Noble Jim Day to a new multi-year deal with Shell starting in February 2012. The rig is currently working for the operator under a one-year deal that began in February. Shell also has contracts in the Gulf with Noble for semis Noble Danny Adkins, Noble Driller and the Noble Jim Thompson, and is due to pick up newbuild drillships Noble Bully I and Noble Globetrotter I later this year and in early 2012. Details of the new contracts will be reported once they are wrapped up. Meanwhile, BP and Petrobras have finalized a sixmonth sublet of newbuild drillship ENSCO DS-3, and the rig is now underway to Angola. The rig is scheduled to work there until mid-2012, after which it likely will return to the US Gulf. ENSCO’s contract with BP runs ...

    Full story

    Comments (0)

  • Offshore Driller News

    Spartan Offshore has received a further extension from Century Offshore that will now keep jackup Spartan 303 under contract through May 2012. The rig has been working for Century since mid-February.

     

    Hercules Offshore received contract extensions for two jackups recently. First, Hall-Houston extended its deal on the Hercules 212 for two wells in East Cameron Block 160. The rig is currently under tow to the new location, with work expected to keep the rig busy for around 90 days, making it next available for work around the end of January 2012. Pisces Energy has also exercised its option on the Hercules 263. The rig has now arrived on location in South Pelto Block 13 where it is expected to be until mid-December when a 50-day contract with Tana Exploration in set to begin. The Hercules 150 has arrived in Sabine Pass where it will undergo 45-50 days of leg repairs after it suffered a punchthrough trying to get on Tarpon Offshore’s location in West Cameron Block 265. It has not yet been determined if Tarpon will wait for the rig or switch to an alternative unit. The jackup is also scheduled to go to Arena Offshore for a 45-day ...

    Full story

    Comments (0)

  • Offshore Driller News

    Hercules Offshore has received a new contract from Apache to take jackup Hercules 214, with the rig now under tow to location in Main Pass Block 68. Upon completion, the jackup will enter a yet-to-be-named shipyard for a 45-day ABS inspection. Jackup Hercules 150 completed a contract with Hilcorp Energy late last week, and the rig has just arrived on location in Eugene Island Block 28 for the start of a one-well contract with Rooster Petroleum. Work is scheduled to last around 25 days, making the rig next available in the second half of September.

     

    Operations for ENI US Operating with semi ENSCO 8500 in Green Canyon Block 517 have ended, and the rig is now in East Breaks Block 602, where it is undergoing BOP modifications. Work is expected to take about 60 days, after which the rig will remain in the block for two wells with Anadarko Petroleum in the Nansen field. The rig is operating under a five-year rig sharing agreement between ENI and Anadarko that runs to August 2013. Reports continue to circulate that newbuild drillship ENSCO DS-3 will have a sublet contract signed shortly that will take it out of the US Gulf of ...

    Full story

    Comments (0)

  • Offshore Driller News

    Transocean Services AS, a wholly owned subsidiary of Transocean, Ltd., has announced an all-cash, voluntary offer for all Aker Drilling ASA shares for NOK 26.50 per share. Aker Drilling’s board unanimously recommended that shareholders accept the offer. The offer price indicates an equity market capitalization of about NOK 7.93 billion, or $1.43 billion, assuming an exchange rate of NOK 5.53 to U.S. $1.00. This represents a 62% premium to Aker Drilling’s 30-day average price of NOK 16.39 per share. Additionally, Aker Drilling has net debt of $0.80 billion. Aker Drilling operates two harsh-environment, ultra-deepwater, sixth-generation semisubmersible rigs currently on long-term contract to Statoil ASA and Det Norske Oljeselskap ASA in Norway. Aker Drilling currently is expected to take delivery in 2013 of two sixth-generation drillships currently under construction at the DSME shipyard in South Korea.

     

    ENSCO has signed contract extensions for two of its Gulf of Mexico jackups. First, Apache Corporation will keep the ENSCO 86 for another 120 days from the end of August. The rig is currently working in South Marsh Island Block 281 under the current term, which began May 1. Arena Energy has agreed to keep the ENSCO 90 for an additional two wells in ...

    Full story

    Comments (0)

  • Offshore Driller News

    Hercules Offshore reports that jackup Hercules 120 will now return directly to its contract with Chevron when shipyard work is completed in mid-July. It was originally understood Chevron might wait to take the rig back until the Hercules 201 completed its contract in early September. Chevron picked up the Hercules 201 in March when survey and repair work began on the Hercules 120. Chevron’s contract for the Hercules 120 runs through yearend, with two additional 6-month options available thereafter. Meanwhile, Breton Energy, LLC will now take jackup Hercules 253 for its 60-day-plus-option contract in West Cameron Block 171. The operator originally contracted jackup Hercules 214 for the work, but that rig is now delayed on its contract with Castex Energy, Inc. until the end of July, prompting Breton to take the recently idled Hercules 253. It is understood work will begin once the permit paperwork is modified to reflect the change in rigs, expected by mid-July. Jackup Hercules 205 is now under tow to Main Pass Block 60 to begin a 75-day contract with Energy XXI, with operations to begin later this week. The rig had been working for Hilcorp Energy Company in High Island Block 37. Lastly, jackup Hercules ...

    Full story

    Comments (0)

  • Offshore Driller News

    ABS surveys and repairs on jackup Hercules 120 are now scheduled to be completed in mid-July, but the rig may not return to its contract with Chevron Corporation until early September or October. Chevron picked up the Hercules 201 as a substitute rig, and that contract will not be completed until early September if an outstanding 30-day option on the rig is not exercised. Hercules Offshore, Inc. says it will market the Hercules 120 to other operators during the gap should Chevron opt to not resume the contract in mid-July. The firm portion of the Hercules 120 contract does not end until December 31, but Chevron also has two, six-month priced options available should it choose to exercise them. Meanwhile, Rooster Petroleum, LLC will pick up jackup Hercules 150 for a 25-day well in Eugene Island Block 28 in mid-August. The rig will finish its current contract with Hilcorp Energy Company in late July, after which it has a 14-day shipyard stay scheduled. The new work now keeps the rig employed into the first week of September. Apache Corporation also has exercised an option to keep jackup Hercules 200 for an additional 60 days, with wells in West Cameron Block ...

    Full story

    Comments (0)

  1. 1
  2. 2
  3. 3
  4. Next page