Rig clubs help alleviate Caspian Sea drilling shortage

11/08/1999
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...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected