Offshore rig market getting tighter off Northwest Europe

David Knott Senior Editor Offshore Northwest Europe Drilling Rig Activity [51541 bytes] Northwest European Rig Activity [6870 bytes] Northwest Europe Offshore Drilling Activity [29967 bytes] Heavy-duty jack up Santa Fe Monitor is shown drilling development wells in cantilever mode through a steel jacket in Texaco Ltd.'s Erskine field on U.K. North Sea Block 23/26a. Similar rigs are being built in anticipation of growing demand for heavy-duty North Sea work in as much as 400 ft of water. Photo courtesy of Texaco. Sedco 707 semisubmersible is being used by Conoco (U.K.) Ltd. as an early production system in Banff field in U.K. North Sea Block 29/2a. A rising number of such...

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