Rowan Obtains Four-Well Drilling Contract Offshore Trinidad

Rowan Companies has been awarded a contract to drill four wells offshore Trinidad.

The Rowan Gorilla III will soon relocate to Trinidad to begin a one-year term contract for EOG. The new contract is with another operator and should extend the rig's stay in the area by about six months to March 2008. The Company expects the new contract will generate approximately $45 million of drilling revenues.

Danny McNease, Chairman and Chief Executive Officer, commented, "We are pleased to extend our work commitment in Trinidad. This contract reflects the continuing strength of the market for high-specification jackups throughout the world."

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

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Well Monitoring Specialist
Expertise: WellSite Supervisor
Location: Houston, TX
Chief Mechanic (6th Gen Drillship)(Contract)
Expertise: Rig Mechanic
Location: Houma, LA
ET (Deepwater Drillship)
Expertise: Rig Electrician
Location: Houma, LA
search for more jobs

Brent Crude Oil : $49.98/BBL 1.59%
Light Crude Oil : $49.18/BBL 1.56%
Natural Gas : $2.73/MMBtu 1.44%
Updated in last 24 hours