GSF Development Driller III Spins Bit in Ultra-Deepwater GOM

Transocean announced that the newbuild ultra-deepwater semisubmersible rig GSF Development Driller III has commenced operations in the U.S. Gulf of Mexico for a subsidiary of BP under a seven-year drilling contract.

The dynamically positioned Development Driller III is one of 23 Ultra-Deepwater Floaters in the Transocean fleet. The rig features advanced offshore drilling technology, including a motion-compensated winch capable of deploying subsea assemblies to the seabed, a high-pressure mud-pump system, an advanced mud system design, a variable deckload of 7,000 metric tons and Transocean's patented dual-activity drilling technology, allowing for parallel drilling operations designed to save time and money in deepwater well construction, compared with conventional rigs. The rig is equipped for drilling in water depths up to 7,500 feet, upgradeable to 10,000 feet, and equipped for drilling wells up to 35,000 feet total depth, upgradeable to 37,500 feet.

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
Expertise: Electrical Technician
Location: Odessa, TX
United States Duncan MFG: Entry Level Electrical Assembler - Sr. Electrical
Expertise: Electrical Technician
Location: Duncan, OK
Static Equipment / LNG Tank Engineer
Expertise: Mechanical Engineering
Location: Houston, TX
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours