New deals pour in for Ensco rigs

One of Ensco’s jack-up rigs – Copyright SPMac/Flickr – Shared with permission from the photographer

Offshore driller Ensco has been awarded a number of new contracts and extensions. While Ensco’s large fleet consists of drillships, semi-submersibles, and jack-ups, the majority of new deals went to the jack-up rig department. 

One of Ensco's jack-up rigs

In its latest fleet status report issued on Thursday Ensco reported that the semi-submersible Ensco 8503 has been awarded a 100-day contract with Talos Energy in the U.S. Gulf of Mexico that is expected to start in November 2018 and end in February 2019.

The rig’s current contract with Deep Gulf Energy expires in August.

Further according to the fleet status report, Ensco DS-12 drillship’s contract with Kosmos Energy offshore Suriname has been extended by one well with an estimated duration of 45 days, ending in September.

Jack-ups

In the jack-up rig sector, Ensco 115 has been awarded a 10-month contract with Mubadala Petroleum offshore Thailand that is expected to begin in first quarter 2019 until 4Q19. The contract includes one two-month option and three 4-month options.

Fieldwood has extended a contract for the Ensco 87 jack-up rig in the U.S. Gulf of Mexico by four P&A wells with an estimated duration of 60 days in total. The contract is expected to end in September 2018.

Ensco 87 has also been awarded a two-well contract with ExxonMobil in the U.S. Gulf of Mexico that is expected to start in September and end in November 2018. The deal also includes one 1-well option, one 6-well option and one 3-well options.

Talos Energy has extended a contract in the U.S. Gulf of Mexico for the Ensco 75 jack-up by 90 days to December 2018.

A contract for the Ensco 122 jack-up with NAM in the Dutch North Sea has been extended by one well with an estimated duration of 90 days.

INEOS has extended a contract for the Ensco 121 rig  by one well with an estimated duration of 14 days. The rig is operating in the UK North Sea.

Jack-up rig Ensco 140 started a three-year contract with Saudi Aramco offshore Saudi Arabia in July 2018. The rig is contracted until June 2021.

Also in the status report, Ensco said that the semi-sub Ensco MS-1 completed a one-well contract with Woodside Energy offshore Australia during second quarter 2018. The semi-submersible rig is currently in Singapore available for work.

Ensco 8505 semi-sub contract with Stone Energy in the U.S. Gulf of Mexico transferred to Talos Energy following its acquisition of Stone in May 2018.

Finally, Ensco 6001 semi-submersible rig has been sold for scrap value and jack-up Ensco 80 has been cold stacked and classified as held for sale.

Offshore Energy Today Staff