Paragon wins jack-up deal with Centrica

Drilling contractor Paragon Offshore has been awarded a contract for one of its jack-up drilling rigs. 

In its latest fleet status report on Monday, Paragon said its jack-up drilling rig Paragon B391 has won a contract with Centrica in the UK sector of the North Sea.

The contract is for light well intervention services from late October to late November with a dayrate of $53,000. The rig’s previous contract was also with Centrica and it lasted from March until May this year with the dayrate of $85,000.

The Paragon B391 is of a Baker Marine Europe Class MOD built in 1981 by Promet Private Limited.

In addition, Paragon said that its other 1981-built jack-up drilling rig, Paragon HZ1, will be working for Wintershall under a dayrate of $53,000 from early November to early December instead of, as previously said, from mid-October to mid-November.

Offshore Energy Today Staff