Rowan said the three-year contract commenced on Tuesday. Upstreamreported that day that Repsol was finally nearing a spud date for the closely watched Welwitschia-1 wildcat on PEL 0010 in Walvis Bay off Namibia.
Repsol had pushed back the spud date due to prolonged acceptance testing of the rig, partner Tower Resources had said.
The Rowan Renaissance is working for Repsol on a $619,000-per-day contract while it drills the Welwitschia well and will remain at that dayrate for the first year of the contract.
The
