Ensco fleet keeping busy with plenty of new contracts

Business & Finance

UK-based offshore drilling giant Ensco, which further expanded its rig fleet through an acquisition of the U.S.-based rival Atwood Oceanics, on Tuesday released its quarterly fleet status report, revealing a number of new contracts and extensions for its fleet.

ENSCO 8504

From the floater section of Ensco’s fleet, the semi-submersible ENSCO 8504 has been awarded a five-well contract with Repsol offshore Vietnam that is expected to start in April 2018.

The contract also includes one option for one drill well or eight top hole sections. The end date is set for October 2018.

The ENSCO 8505 semi-sub rig in November 2017 started a two-well contract with Deep Gulf Energy in the U.S. Gulf of Mexico. The contract is expected to end in May 2018.

The ENSCO 8503 rig started a two-well contract with Walter Oil & Gas in the U.S. Gulf of Mexico in February 2018 with an end date set for March.

The rig has also been awarded a one-well contract with Apache in the U.S. Gulf of Mexico that is expected to start in April 2018. The contract’s estimated duration is 15 days.

Finally, ENSCO 8503’s contract with Stone Energy in the U.S. Gulf of Mexico has been extended by two wells, with an estimated total duration of 55 days. The contract end date is set for July 2018.

The contract for the drillship ENSCO DS-12, (formerly Atwood Achiever), with Kosmos Energy has been extended by one well, to be drilled offshore Suriname, with an estimated duration of 60 days. This gig ends in May 2018.

The semi-submersible drilling rig ENSCO DPS-1, formerly Atwood Condor, started a 12-well contract with Woodside offshore Australia during February 2018. The contract end date is set for August 2019.

 

Jack-up rigs

 

The ENSCO 104 rig has been awarded a 16-month contract with ADNOC offshore UAE, which started in February 2018 and is scheduled to end in May 2019.

The jack-up rig ENSCO 107 has been awarded a five-well contract with Quadrant Energy offshore Australia that is expected to start in May and end in October 2018. The contract also includes five one-well options.

Ensco’s two jack-ups, ENSCO 140 and ENSCO 141, are expected to start work under multi-year contracts in the Middle East later this year. The rigs are currently preparing for the contracts.

The ENSCO 75 completed its one-well contract with Exxon Mobil in the U.S. Gulf of Mexico in December 2017. The jack-up then completed another one-well contract with Renaissance also in the U.S. Gulf of Mexico in February 2018.

The rig was then awarded a two-well contract with Energy XXI in the U.S. Gulf of Mexico that is expected to start in February 2018 and end in April 2018.

Also, ENSCO 75’s contract with Talos in the U.S. Gulf of Mexico has been extended by approximately 90 days to a 120-day term that is expected to start in April 2018 and end in August of the same year.

Fieldwood has awarded a contract to ENSCO 87 for three P&A and two recompletion wells in the U.S. Gulf of Mexico that is expected to start in March and complete in July 2018.

The jack-up rig ENSCO 68 has got its contract with Byron Energy in the U.S. Gulf of Mexico extended by one well, with an estimated duration of 35 days and end date in March.

After the contract with Byron ends, ENSCO 68 will in March start a one-well contract with ANKOR Energy in the U.S. Gulf of Mexico. This contract is expected to conclude in April 2018.

The jack-up ENSCO 122 has got its contract with NAM in the North Sea extended by one well, with an estimated duration of three months. This extension is set to end in June 2018 and the rig still has various options through December 2020.

The ENSCO 121 rig’s contract with INEOS in the North Sea has been extended by one well, with an estimated duration of 75 days which ends in June 2018. The rig also has four one-well priced options in its contract.

The contract for the jack-up rig ENSCO 72 with ENGIE in the North Sea has been extended by three months to March 2018. The rig’s dayrate is about $67,000.

The contract for ENSCO 101 rig with ENGIE in the North Sea has been extended by one month to February 2018. Dayrate is about $74,000 and the contract includes various priced options for up to seven wells in total.

The jack-up ENSCO 106 started a five-year contract with BP offshore Indonesia during January 2018. The contract end date is set for January 2023.

The jack-up ENSCO 102 started a 400-day contract with Arena in the U.S. Gulf of Mexico during November 2017. The rig’s contract expires in December this year.

Offshore Energy Today Staff