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


advertisement

LLOG Lines Up UDW Drillship for GOM Drilling

change text size

Seadrill Ltd. has secured a contract from LLOG Bluewater Holdings, LLC for the West Neptune (UDW drillship) to be deployed offshore Gulf of Mexico. The contract is  for three years plus an option for a one-year extension at conjointly agreed rates.

Seadrill is expected to receive about $662 million in revenue for the primary contract.

"We are delighted to have signed our first contract with LLOG, a leading independent operator in the Gulf of Mexico," said Fredrik Halvorsen, CEO and president of Seadrill Management, in a released statement. "This award complements our expanding deepwater operations in the area with Seadrill's fleet growing to six ultra-deepwater units within the US and Mexican Gulf of Mexico over the next 18 months."

West Neptune is expected for delivery in early 2014 and will be outfitted to work in depths up to 10,000 feet of water and is capable of working in water depths up to 12,000 feet and drilling depths up to 37,000 feet of water. The drillship will work on the Bluto, Marmalard and SOB 2 fields, which are tied-back to the Delta House FPU that is located on Mississippi Canyon Block 254.

"The West Neptune will be the first dual BOP rig in the Gulf of Mexico for LLOG," said Scott Gutterman, president and CEO of LLOG, in a press release. "LLOG will initially utilize the rig to perform completions of our Delta House wells.  Having two BOP's will allow LLOG to complete our wells efficiently saving up to 12 days per completion."



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

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 www.riglogix.com.

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Pertamina to Deploy New Rig to Drill a... (Sep 19)
 -  GE Oil & Gas Wins Subsea Manifold Deal... (Sep 18)
 -  Statoil to Lay up COSL Pioneer Rig for... (Sep 18)
 -  Burton on the Wolds Operation to Start... (Sep 18)
 -  Keppel FELS Clinches $227M Contract fr... (Sep 17)
Most Popular Articles
From the Career Center
Jobs that may interest you
Safety / Quality Technician 1
Expertise: QA / QC / Inspection, Safety Officer
Location: Houston, TX
 
Project Engineer
Expertise: Mechanical Engineering, Project Engineer
Location: Houston
 
Six Sigma-Black Belt Leader
Expertise: Mechanical Engineering
Location: Houston, TX
 
search for more jobs