Offshore staff
ZUG, Switzerland– Transocean has issued an update on its offshore drilling rig fleet.
On Dec. 31, 2016, thenewbuild ultra-deepwater drillshipDeepwater Conqueror began operations on its five-year contract with Chevron Corp. in the US Gulf of Mexico at a day rate of $589,000.
In addition, Chevron has elected to exercise its contractual option to terminate the contract for the ultra-deepwater drillshipDeepwater Asgard effective January 2017. The company will be compensated for the early termination through a lump-sum payment of about $79 million, which is based on the operating day rate less the operating cost per day.
Woodside has contracted the ultra-deepwater drillship Dhirubhai Deepwater KG2 for a three-well campaign offshore Myanmar. The contract is expected to start this month.
Hurricane Energy has exercised a one well option for the harsh environment semisubmersible Transocean Spitsbergenin the UK North Sea.
BP has awarded the harsh environment semisubPaul B. Loyd, Jr. a contract extension of about 30 days in the UK North Sea. The contract is expected to start in August 2017.
The ultra-deepwater drillshipsDeepwater Asgard and Discoverer India and the ultra-deepwater semisub Development Driller IIIwere classified as idle. Â
The floatersM.G. Hulme, Jr. and GSF Rig 140were classified as held for sale. Transocean says the rigs will be recycled in an environmentally responsible manner.
02/13/2017
