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Ensco orders new jack-up rig

21st November 2013

New ENSCO 120 series harsh-environment rig will cost USD 285m and drill wells up to 40,000 ft

Ensco orders new jack-up rig
The jack-up rig is slated for delivery in Q2 2016

Ensco, the offshore drilling service provider, has ordered a new jack-up rig, ENSCO 123, the company announced on Wednesday, as part of plans to expand its drilling portfolio.

 

The rig is part of the company’s ENSCO 120 series of ultra-premium harsh-environment rigs for large multi-well platform programmes, ultra-deep gas programmes and ultra-long reach wells in offshore basins.

 

Common features of the series include HTHP equipment, hands free offline pipe handling systems, high capacity jacking and fixation systems.  They can drill wells in harsh environments in up to 400 feet of water to a total drilling depth of 40,000 ft.

 

Keppel FELS Limited will build the rig at a shipyard in Singapore. Construction will cost an estimated USD 285m and the jack-up rig is slated for delivery in Q2 2016. The contract with Keppel FELS includes an option for one additional rig of similar design.

 

“This new investment is consistent with our strategy of adding rigs with unique technology,” said Ensco chairman, president and CEO Dan Rabun. “We are already in discussions with customers about multi-year programmes for ENSCO 123 and follow-on programmes for the other ENSCO 120 Series rigs.”

  

The company now has seven rigs under construction.