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Atwood units keeping busy



By Upstream staff 

Houston driller Atwood Oceanics has said that its Atwood Eagle semi-submersible's remaining drilling commitment with BHP Billiton Petroleum is now expected to extend to the end of May.

The remaining wells drilled under this contract will have a dayrate of about $170,000, the company said.

The company also said that following the BHP programme, the rig will drill drill one well for Eni, which is expected to take about 45 days to complete, at a dayrate of $360,000. It will then start a two-year commitment with Woodside Energy at a dayrate of $405,000 up to July 2010.

After those contracts, Chevron Australia will use the rig at a dayrate of about $430,000 to $450,000 until the comany's our new semi-submersible drilling unit being built in Singapore is ready to start work.

Meanwhile, the upgrade of the Atwood Richmond unit is now expected to be completed in mid-February at a cost of approximately $17 million.

The unit will then move on to work with Helis Oil & Gas and Contango Operations.


Wednesday, 09 January, 2008, 22:01 GMT  | last updated: Wednesday, 09 January, 2008, 22:04 GMT

Bringing in the money: Atwood Eagle
 

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