China Oilfield Services Limited (COSL) announced that its newly built module rig, COSL7 is being delivered to Mexico, while installation of modules and pre-operation testing will commence upon its arrival at the Gulf of Mexico.
COSL7, a module rig, is designed to operate in well depths of 25,000 ft, equipped with winch capacity of 3,000 HP, as well as top-drive drilling volume of 750 tonnes. Once delivered to Mexico, COSL7 will provide drilling services to clients in the region for no less than 3 years, where service fees will be relatively higher as compared to previous module rigs.
Apart from COSL7, COSL currently has 4 module rigs providing offshore drilling services in the Gulf of Mexico and their contracts have been renewed continuously.
[mappress] March 5, 2014