The Trinidad 139 will be a 1500 horsepower triple rig that can drill to 18,000 feet and is expected to cost about $18 million.
It is already spoken for under a three-year take-or-pay contract with a client in the Eagle Ford shale play in Texas beginning in the second half of the year.
The Trinidad 57 will have the same specifications and is being built to work in steam-assisted gravity drainage (SAGD) projects in Alberta for about $20 million.
That
