Rowan New Orleans May Have Capsized


Hurricane Katrina
(Click to Enlarge)
Rowan says that it has completed an initial aerial survey of its 22 rigs in the Gulf of Mexico. All of the Company's rigs were located, with the exception of the Rowan New Orleans. The Company is undertaking efforts to locate the rig and fears it may have capsized and sunk offshore Louisiana.

All appropriate regulatory agencies have been notified.

Rowan's other rigs in the area appear to have sustained minimal damage but a complete evaluation of their condition will require a closer inspection upon the return of the Company's drilling personnel.

The Rowan New Orleans was a LeTourneau 52-class slot jack-up rig. The rig had been secured at its pre-storm location in Main Pass Block 185 and all personnel were evacuated prior to the arrival of Hurricane Katrina. The rig was insured for $8.5 million and had a carrying value of approximately $7.4 million.

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.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Inspector - Client Rep - Fire Fighting Equipment | North Texas
Expertise: Client Representative|Fire Protection|QA / QC / Inspection
Location: Lubbock, TX
 
Case Specialist II Job
Expertise: Business Analyst|Legal|Regulatory Compliance
Location: Denver, CO
 
HSE Manager
Expertise: Client Representative|HSE Manager / Advisor|Manufacturing Engineering
Location: Richmond, VA
 
search for more jobs

Brent Crude Oil : $55.45/BBL 0.99%
Light Crude Oil : $52.37/BBL 1.20%
Natural Gas : $3.42/MMBtu 0.88%
Updated in last 24 hours