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It is understood that COSCO Shipyard in China and Momentum Drilling have agreed to delay delivery of newbuild jackup Dynamic Momentum (350'-IC) from March 2017 to March 2018. The rig, a LeTourneau Super 116E Class design, was ordered in October 2013 at a cost of $180 million and was originally scheduled for delivery in 3Q/2015. The rig is to be managed by Dynamic Drilling.

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Hyperdynamics will switch rigs for its upcoming Fatala-1 exploration well off Guinea. Originally awarded to UDW drillship Pacific Bora in October 2016, the company has now opted to take sister UDW ship Pacific Scirocco. The latter rig had been idle in Lagos since recently completing a contract off Nigeria, but the rig recently began moving to the Ivory Coast. Drilling in 9,498' of water is now expected to begin in April, with the program consisting of 1 firm well and 3 options wells. It is not yet know whether the Pacific Bora will remain in Nigeria or move to another stacking location.

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US-based W&T Offshore has made a discovery in its Mahogany Field in Ship Shoal Block 349 in the Gulf of Mexico. Drilled with platform rig, H&P 107, the A18 well struck 149' of net oil pay across five zones. The company also drilled 950' below the discovery and discovered more pay. W&T says the discovery has identified additional drilling opportunites in the field and says the Mahagony field will be the cornerstone of its captial outlay in 2017 and possibly beyond.