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Home›Business & Finance›Total takes Pacific drillship for Gulf of Mexico well
Business & Finance

August 14, 2019 · about 7 years ago

Total takes Pacific drillship for Gulf of Mexico well

Pacific Drilling has won an offshore drilling contract for one of its drillships with Total for operations in the U.S. Gulf of Mexico.

2 minutes read
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Offshore drilling contractor Pacific Drilling has won an offshore drilling contract for one of its drillships with Total for operations in the U.S. Gulf of Mexico.

Pacific Khamsin & Pacific Meltem; Author: Rab Lawrence – under the CC BY 2.0 license

According to Pacific Drilling’s latest fleet status report, released on Wednesday, French Total has hired the 2013-built drillship Pacific Khamsin to work in the U.S. Gulf of Mexico from March 2020 until July 2020.

The rig’s dayrate for this contract will be $252,000. This includes the base dayrate of $185,000 plus $67,000 for MPD and integrated services package provided as part of the contract.

The drillship is currently preparing for a firm two-well contract with Equinor in the Gulf of Mexico, which is scheduled to start in November 2019 and end in February 2020. The deal also has two remaining option wells at escalating dayrates.

The dayrate for this contract is $227,000 with the base dayrate of $175,000 plus $52,000 for managed pressure drilling device and controls (MPD) and integrated services package provided as part of the contract.

It is also worth reminding that Total has recently awarded a one-well extension to the Pacific Santa Ana drillship for operations in Mauritania.

In the fleet status report, Pacific also said that its 2010-built drillship Pacific Bora had been hot stacked in Ghana.

Offshore Energy Today Staff

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