CATEGORIZED | News

Atwood Beacon to mobilize to Equatorial Guinea for Hess

Posted on 08 October 2009

 Atwood Oceanics’ ATWOOD BEACON has been awarded a contract by Hess Equatorial Guinea to drill offshore Equatorial Guinea under a firm program of six wells, estimated to take 240 days to complete, with options to extend the program to drill up to six additional wells. If all options are exercised, the drilling program could be extended for another 240 days.

The contract provides for an operating dayrate for all firm and option wells of $110,000, plus a mobilization fee of $950,000. In anticipation of this contract award, the rig had previously been relocated from India to Singapore, where it is currently loaded on a dry transport vessel for the mobilization to Equatorial Guinea, which will take approximately 30 days.

The total cost to relocate the rig from India to Singapore and then to Equatorial Guinea is estimated to be around $7 million.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 31 March 2015

    ExxonMobil begins production at Hadrian South in Gulf of Mexico

    ExxonMobil has begun production in the deepwater Gulf of Mexico (GOM) at Hadrian South, with facilities tied back to the nearby Lucius project. Daily gross production...

  • 31 March 2015

    Active risk assessment, global sharing at core of Nabors safety intervention program

    Gagan Singhal, Area Manager at Nabors Drilling International, outlined a new safety intervention system that helps the company...

  • 30 March 2015

    National Petroleum Council: US can safely tap Arctic resources to secure energy needs

    Prudently developing US Arctic oil and natural gas resources would enhance America’s position as a global leader in energy production for the next 35 years...

  • 30 March 2015

    Joint safety improvement plan aligns HSE objectives, “language” for Shell, Halliburton

    Speaking at a joint presentation with Halliburton at the 2015 IADC HSE&T Asia Pacific Conference in Kuala Lumpur on 12 March, Alain Moonen...

  • 27 March 2015

    Gravity-deployed carbon composite cable completes first commercial deployment offshore Norway

    Ziebel, a Stavanger-based provider of specialist well intervention services for the oil and gas industry, announced that its Z-Line gravity-deployed...

  • Read more news