Blackford Dolphin wins North Sea contracts

Posted on 12 July 2013

Dolphin Drilling has secured two contracts that will take its Blackford Dolphin semi into the North Sea market. The first contract with MPX North Sea will be in the UK sector of the North Sea while the second contract with Capricorn Energy will take place offshore Ireland. Both contracts are for one well each and are expected to last a total of approximately five months.

“We are encouraged by an apparent high level of forward demand in what we consider as being our domestic home market. The region now offers an excellent combination of stable and predictable working environment that can deliver competitive commercial returns when compared with many other regions internationally,” Dolphin Drilling managing director Graeme Murray said.

The high-specification deepwater drilling rig, a rebuild investment of approximately $550 million, can drill in up to 7,000 ft of water and drill wells to 30,000 ft. It will commence the first well in Q1 2014 following mobilization from Brazil, where it has been operating for most of the past three years, and completion of its five-year class survey. The combined estimated total contract value of both agreements is approximately US $67 million.

Dolphin Drilling expects to further its expansion later this year when the Bolette Dolphin newbuild drillship enters service. In 2015, the Bollsta Dolphin deepwater, harsh-environment semi will be delivered for a long-term contract on Chevron’s Rosebank field West of Shetland.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 15 April 2015

    DNV unveils Recommended Practice to standardize steel forgings for subsea applications

    Steel forgings are important building blocks for subsea components and are often tailored to meet end-users’ specific requirements. This results in long delivery times...

  • 14 April 2015

    BSEE issues proposed BOP, well control regulations for public comment

    On 13 April, US Secretary of the Interior Sally Jewell announced proposed regulations that call for more...

  • 14 April 2015

    Wood Mackenzie: Deeper cuts may be needed to achieve cash flow neutrality

    The rapid and aggressive response by oil and gas companies to low oil prices has stabilized the sector...

  • 13 April 2015

    UKOG completes Weald Basin PEDL126 acquisition from Magellan

    UK Oil and Gas now holds 100% interest in the Weald Basin onshore license PEDL126 after acquiring...

  • 13 April 2015

    Noble Energy to drill Humpback, Rhea offshore Falkland Islands this year

    Noble Energy has acquired a 75% interest and operatorship of the PL001 license in the North Falkland Basin from...

  • Read more news