Rig clubs help alleviate Caspian Sea drilling shortage

Several international consortia in the Caspian Sea have formed rig-sharing groups, providing a means to fulfill production-sharing obligations with a limited number of mobile offshore drilling units (MODUs). The Dada Gorgud, which has undergone two major upgrades since it was built in 1980, is perhaps the most sought after rig in the Caspian Sea. To date, four consortia have put the semisubmersible to work (Fig. 1). Photo courtesy of Santa Fe International Services Inc., Dallas.Click here to enlarge imageUnfortunately, with only two semisubmersibles, one jack up, and one barge able to meet international drilling standards for safety and efficiency, exploration and production activities m...

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