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Transocean rig sets world record for longest extended-reach well

Posted on 11 June 2008 in News

Transocean's GSF rig 127Transocean’s jackup GSF Rig 127 has drilled the world’s longest extended-reach well offshore Qatar, at 40,320 ft MD.

Transocean’s jackup GSF Rig 127 recently set a world record for the longest extended-reach well ever drilled at 40,320 ft (12,289 m) MD with a 35,770-ft (10,902-m) horizontal section. The well was drilled offshore Qatar in 36 days and incident-free. The new record of 7.6 miles is also the first well in the history of offshore drilling that exceeds 40,000 ft (12,191 m). The well surpasses by approximately 2,000 ft the prior extended-reach record of 38,322 ft (11,680 m) MD set with a land rig drilling at Sakhalin Island earlier this year.

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Seadrill orders four more new jackups for delivery in 2010

Posted on 11 June 2008 in News

Seadrill's West TritonThe West Triton was the first unit Seadrill ordered from the PPL Shipyard. The company recently ordered two more from PPL, plus another two from the KFELS Shipyard. All are scheduled for delivery in 2010.

Seadrill recently entered agreements with the KFELS and PPL Shipyard in Singapore for the construction of a total of four jackup newbuilds with delivery in 2010.

The two units to be built at KFELS will be based on the KFELS Mod V ‘B’ design. The rated water depth is 400 ft, and drilling depth is 30,000 ft. Deliveries are scheduled for June 2010 and November 2010, and the total contract price for the two units is approximately US$420 million. These will be the fifth and sixth jackup orders that Seadrill has placed with KFELS.

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Pride International wins 5-year contract for ultra-deepwater drillship in GOM

Posted on 02 May 2008 in News

Pride AngolaPride International, Inc. announced on 1 May that it won a 5-year contract from a subsidiary of BP for Pride's advanced-capability, ultra-deepwater drillship. Pride expects the new contract to generate approximately $984 million over its term. The unit is scheduled for delivery in mid-2010. The unit is being constructed at the Samsung Heavy Industries, Co. Ltd. (SHI) shipyard in Geoje, South Korea on a fixed-price basis and is expected to be initially utilized in the U.S. Gulf of Mexico, with further operations possible on BP's other global deepwater interests. The drillship is one of 3 Pride ultra-deepwater units under construction at the SHI shipyard. All 3 units have now been awarded contracts with durations of at least 5 years.

The 5-year contract is expected to begin during the fourth quarter of 2010, following the completion of shipyard construction, mobilization of the rig to an initial operating location and customer acceptance testing. Anticipated revenues exclude reimbursement of costs associated for mobilizing the rig. The contract also provides for a cost escalation provision effective from 30 April 30, 2008 through the five-year contract term.

Pride Angola featured in photo. 

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New IADC Well Servicing Committee holds first meeting, develops mission

Posted on 02 May 2008 in News

 The IADC Well Servicing Committee held its first meeting at IADC headquarters in Houston on 10 April, to develop a mission that would better serve the well-servicing segment of the industry. Some 106 of IADC’s 380 contractor member companies report owning or operating well servicing rigs. In total, IADC members operate 2,385 well-servicing units of all types.

The committee determined that IADC expertise in areas such as well control, training and worldwide scope, would benefit the well-servicing industry when applied to the special needs of production rigs. The committee determined that it would work collaboratively with other organizations, including the Association of Energy Servicing Companies.

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IADC Advanced Rig Technology Committee to meet during OTC

Posted on 02 May 2008 in News

Automation and other advanced rig technology are marching forward, and the IADC Advanced Rig Technology Committee formed to develop guidelines across a broad range of areas. The committee will meet next at OTC in Room 406 of Reliant Center, from 1:30-3:30 pm. Registration for OTC is not necessary to attend the meeting.

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Noble named winner of MMS SAFE Award 2nd year in a row

Posted on 02 May 2008 in News

Noble LogoFor the second consecutive year, Noble Corp has been named the recipient of the MMS 2007 National Safety Award for Excellence (SAFE) for drilling contractors. This is the third time Noble has won the SAFE award since the program’s inception.

MMS established the SAFE Award to recognize companies that excel in their efforts to conduct operations in a safe and pollution-free manner by adhering to all regulations, employing trained and motivated personnel, and going the extra mile to enhance safety and environmental protection. “Noble’s US Gulf of Mexico team has once again achieved truly outstanding results in offshore safety and environmental performance,” said David W Williams, Noble chairman.

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Petrobras awards 6-year contracts to Seadrill newbuild semis

Posted on 02 May 2008 in News

Seadrill has secured an unconditional Letter of Award for contracts with a revenue potential of approximately US $4.1 billion over 18 rig years for three newbuild deepwater units with Petrobras. The West Eminence semisubmersible will be delivered in late 2008, and start-up of operations offshore Brazil is scheduled for Q1 2009. Contract duration is six years. The West Taurus semi is scheduled to be delivered during Q4 2008, and start-up of operations offshore Brazil is scheduled for Q1 2009. Contract duration is six years. The West Orion semi is scheduled to be delivered during Q2 2010, and start-up of operations offshore Brazil is scheduled for Q3 2010. Contract duration is six years.

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Scorpion receives letters of intent for 3 jackups

Posted on 02 May 2008 in News

Scorpion International, a wholly owned subsidiary of Scorpion Offshore, has received letters of intent for three jackups. The first is for the Offshore Vigilant, for operations of at least 11 months offshore Venezuela beginning in late October 2008. The rig is under construction at Keppel AmFELS in Brownsville, Texas, and will be delivered in August 2008. The second is for the Offshore Resolute for operations of seven months offshore Vietnam, beginning in late July 2008. The rig is also under construction in Texas and was to be delivered by mid-April 2008. The third is for the Offshore Courageous, for operations for three years in the South China Sea beginning in January 2009. The rig is currently offshore Oman; its contract with RAK Petroleum goes through October 2008.

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Closing reception new to OTC

Posted on 02 May 2008 in News

OTC LogoIADC is Endorsing Organization for the Offshore Technology Conference. This year’s OTC program is larger than ever, and includes a new OTC closing receptiont. The reception will begin at 1630, immediately following the conclusion of Thursday afternoon's technical sessions. The reception is being held at Café on the Park on the second level of Reliant Center. No ticket is required.

The May/June issue of DC, which will be available at the Atlantic Communications booth (# 3801), includes a special OTC edition of D&C Tech Digest, highlighting the OTC New technology Awards.

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KCA DEUTAG director named 2008 IADC Contractor of the Year

Posted on 19 March 2008 in News

The International Association of Drilling Contractors has named Claus Chur, KCA DEUTAG director technical services, as the 2008 IADC Contractor of the Year. The awards ceremony was held at the Petroleum Club of Houston on Wednesday, 19 March 2008.

“I am deeply honored to be selected as the 2008 IADC Contractor of the Year,” Mr Chur said in accepting the award. “I am particularly proud of this award, being only the second European to have received it. And I want to take this opportunity to praise IADC president Dr Lee Hunt for developing IADC into a truly international organization.”

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