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Fossil Energy

about 12 years ago

Transocean secures drilling job for ‘Discoverer Seven Seas’. Sells jack-up rig

Transocean has secured a contract for its Discoverer Seven Seas drillship. According to the drilling contractor’s monthly fleet status report, Japan’s Inpex has exercised its one-well option offshore Indonesia at a dayrate of $500,000. Also, the drillship was awarded a one-well contract by an undisc

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Transocean has secured a contract for its Discoverer Seven Seas drillship.

According to the drilling contractor’s monthly fleet status report, Japan’s Inpex has exercised its one-well option offshore Indonesia at a dayrate of $500,000. Also, the drillship was awarded a one-well contract by an undisclosed customer at a dayrate of $400,000.

Discoverer Seven Seas is a self-propelled dynamically positioned vessel capable of operating in water depths up to 6,500 ft (upgradeable to 7,000 ft)

Rig sale

The company also said it sold the high-specification jack-up rig, GSF Monitor , which was previously held for sale. The details of the transaction have not been disclosed.

Estimated 2014 out-of-service time increased by a net 150 days, including 91 days primarily associated with customer-requested and substantially reimbursed upgrades on the GSF Galaxy I ; and 45 days on the M.G. Hulme , principally for preparation in advance of anticipated contracts.

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