Rowan jack-up gets US Gulf work

Back to work: Rowan Gorilla VI expected back to work soon

Contractor Rowan Companies has signed a deal for the jack-up Rowan Louisiana to operate in the US Gulf of Mexico for producer Energy XXI, as one of its drillships got back to work off West Africa.

The one-well contract will extend for an estimated 75 to 80 days and started at the beginning of this month. The dayrate is $108,000.

Rowan also said start-up for its newbuild drillship Rowan Resolute would be delayed by more than a month.

The rig is contracted to Anadarko Petroleum to operate in the Gulf of Mexico at a dayrate of $608,000. It had been scheduled to get to work in late September this year, but will now start in early November.

Delivery from South Korea is still set for mid-July, after previously being pushed back from late June.

Rowan was also hit with a spate of downtime on several of its rigs.

The drillship Rowan Renaissance - another newbuild unit to face start-up delayes and currently operating offshore West Africa in Angola - experienced 24 days off rate time during the second and third quarters of this year for previously planned commissioning of late arriving equipment, which has been completed.

It was also off rate for about 19 days during 2Q 2014 for previously disclosed issues with the subsea systems.

"This has been corrected and similar issues with the remaining drillships are not anticipated," the company said.

Jack-up Rowan Gorilla VI increased its shipyard off rate time by 12 days due to completion of equipment commissioning during the third quarter.

"The Company recently received positive results from an audit conducted by the Norwegian Petroleum Safety Authority and expects the rig to resume operations in mid-August 2014 under its existing Acknowledgement of Compliance," Rowan said.

Jack-up Cecil Provine experienced 37 days off rate time in the second and third quarters for repairs and inspections "which took longer than anticipated".

During that time the Rowan Gorilla IV was substituted for a one-well contract estimated at 40-45 days with Fieldwood Energy in the Gulf of Mexico at a dayrate of $125,000.

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