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Jack Up Rig

Jack Up Rig news and technical articles from Oil & Gas Journal. Search Jack Up Rig latest and archived news and articles

  1. TECHNOLOGY Advanced jack up rig breaking U.S. construction drought

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    Mon, 10 Mar 1997

    rig economics (Score), jack up rig day rates were only at 57 ..... only company that is building jack up rigs without contracts, and in ..... project The use of a large jack up rig as a combination drilling ..... may be the optimum choice. Jack up rigs with the capability to remain

  2. Jack up rig market improves in Gulf of Mexico

    Article

    Wed, 19 Jun 2002

    Continued improvements in the Gulf of Mexico market for jack up rigs inched up the Summary of Current Offshore Rig Economics ..... North Sea dropped 2.1% to 51.9 for all rig classes. Jack up rigs ' SCORE worldwide improved by 2.7% to 46.3, while semisubmersibles

  1. Lehman Bros.: Jack up day rates remain static in GOM

    Article

    Wed, 17 Jan 2007

    mobilization abroad of jack up rigs , day rates for those ..... declining demand for jack up rigs in the gulf. However ..... earnings per share for the jack up rig drilling contractors ..... only a few remaining jack up rigs ," Sedita said. Meanwhile

  2. Hurricanes spotlight jack up design, placements

    Article

    Wed, 1 Nov 2006

    exceeded the design criteria of most of the jack up rigs caught in their paths through the central ..... Drilling Contractors. Some 12% of the gulf jack up rig fleet was lost or moved off locations ..... said. With strong soil structure, a jack up rig can take more of a storm load than it

  3. Hurricanes spotlight jack up design, placements

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    Mon, 13 Nov 2006

    exceeded the design criteria of most of the jack up rigs caught in their paths through the central ..... Drilling Contractors. Some 12% of the gulf jack up rig fleet was lost or moved off locations ..... said. With strong soil structure, a jack up rig can take more of a storm load than it

  4. RANGER SIGNS CONTRACT FOR USE OF SANTA FE'S BIG NEW JACK UP

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    Mon, 12 Aug 1991

    under contract Santa Fe Drilling Co.'s new Universe class jack up rig , Galaxy I, for a drilling program starting this fall in ..... 96 ft seas, and water depths to 360 ft. Relatively few jack up rigs are capable of operating in this environment and, in our

  5. Seadrill announces contracts for three jack up rigs

    Article

    Tue, 7 Feb 2012

    Seadrill Ltd. announced contracts for the three jack up rigs : Offshore Mischief, Offshore Defender, and West Leda. The three contracts have an aggregated revenue potential of $311 million

  6. Seadrill to buy four newbuild jack up rigs

    Article

    Fri, 6 Jun 2008

    Uchenna Izundu International Editor LONDON, June 6 -- Seadrill has ordered four newbuild jack up rigs from KFELS and PPL Shipyard in Singapore under contracts totaling $850 million. Seadrill's fleet will increase to 12 units

  7. DRILLING MARKET FOCUS: Rig rates rise; fleets active in Venezuela

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    Mon, 20 Jun 2005

    been rising steadily for jack up rigs since second-quarter ..... independent leg cantilever jack up Rig 25J from Parker Drilling ..... renamed Rig 30. With seven jack up rigs , Hercules operates the ..... Hercules 41. Another jack up rig is being brought out of

  8. SPECIAL REPORT: Deep water, deep drilling stimulate Gulf of Mexico

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    Mon, 11 Jun 2007

    speculation that day rates for jack up rigs will increase in the second ..... Mexico day rates for jack up rigs “appear to be stabilizing ..... report Mexico’s jack up rig market has remained ..... target market for gulf jack up rigs and possibly deepwater