Finance & Investing
News Services
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy


Atwood Notes Richmond, Vicksburg Rig Contracts

change text size

Atwood Richmond
(Click to Enlarge)

Atwood Oceanics announced that the Richmond semisub, the Company's only drilling rig located in the U.S. Gulf of Mexico, has been awarded a one-well contract (at a dayrate of $35,500) by Contango Operations Inc., the drilling of which will be managed by Applied Drilling Technology  Inc.

The drilling of this well, expected to take around sixty days to complete, will commence immediately upon the rig completing its current commitment which is expected to extend to around mid-February 2010. Following completion of the Contango well, the rig will immediately commence drilling one well for Rooster Petroleum, LLC at a dayrate of $36,000. This well is expected to take around forty days to complete.

The Vicksburg (owned and operated by our wholly-owned subsidiary, Atwood Oceanics Pacific Limited) continues to work offshore Thailand under a contract commitment with NuCoastal (Thailand) Limited ("NuCoastal"). NuCoastal has exercised its option to add three additional months to the contract commitment which will now extend to June 30, 2010. The contract provides for a dayrate of $90,000 and includes one additional option for six months which must be exercised by April 1, 2010.


Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Most Popular Articles
From the Career Center
Jobs that may interest you
Wireman/Substation Electrician
Expertise: Electrician
Location: Renton, WA
Electrician / Field Tech for Mining Equipment in Elko NV
Expertise: Electrician
Location: Elko, Nevada, NV
Heavy Equipment Mechanic for Midland Texas
Expertise: Mechanic
Location: Midland, TX
search for more jobs