Maersk Drilling has been awarded a one well contract with Repsol Colombia for the deepwater semi-submersible, Maersk Developer. The contract covers the drilling of the Siluro-1 Exploration Prospect well, estimated to have a duration of 42 days. The estimated contract value is USD 12 million, including mobilization and demobilization.
Maersk Developer - Image courtesy: Maersk Drilling
“The offshore drilling market remains extremely challenging, and therefore I am proud that we in Maersk Drilling continue to be able to secure contracts for our rigs. This contract marks a great opportunity for Maersk Drilling to further build on our good relationship with Repsol, and we look forward to delivering the well safely and efficiently for our client,” says Michael Reimer Mortensen, Head of Global Sales at Maersk Drilling.
The Siluro-1 well is situated off the western coast of the Caribbean and operations are expected to commence in Q2 2017.
The Mærsk Developer is currently warm-stacked offshore Port Fourchon in the US Gulf of Mexico and has now started preparation work for commencing the new contract.
“A pre-planned reactivation process for the Mærsk Developer has now commenced in order to ensure a smooth start-up of operations and excellent performance delivery. With Maersk Drilling’s current stacking strategy, the main focus is to ensure the ability to reactivate our idle rigs in the safest and most efficient manner possible,” Michael Reimer Mortensen concludes.
Maersk Drilling’s modern fleet counts 23 drilling rigs including drillships, deepwater semi-submersibles and high-end jack-up rigs. Further, Maersk Drilling has one ultra-harsh environment jack-up rig under construction. Maersk Drilling employs an international staff of 3,500 people and generated a profit (NOPAT) of USD 751m in 2015.
Source: Maersk Drilling