Transocean Ltd. (NYSE:RIG) announced Tuesday that its ultra-deepwater drillship Deepwater Invictus has been awarded a two-year contract with options by a subsidiary of BHP Billiton.
Transocean said the backlog associated with the firm contract is approximately $106 million and the contract will commence in the second quarter of 2018. It includes three one-year priced options.
The Deepwater Invictus was delivered in 2014 and is rated to a water depth of 12,000 feet. It has spent nearly its entire career contracted to BHP.
Deepwater Invictus – (MarineTraffic,com, 2017)
In April 2013 Transocean’s Deepwater Pathfinder drillship demanded the highest dayrate of any other rig contracted at that time. Eni contracted the drillship at an astronomical dayrate of $681,000 a day from September 2013 through April 2015 to drill in the Gulf of Mexico.
Pacific Drilling recently secured a contract with Malaysian Petronas for its UDW drillship Pacific Santa Ana at a dayrate of $170,000. The Samsung unit delivered in 2011 is capable to drill in water depths up to 12,000ft.
But the lowest dayrate for one ultra-deepwater drillship has been agreed by Vantage Drilling and India’s ONGC in January 2017 for the Platinium Explorer. ONGC has secured the rig for three years for $118 million which translates to a dayrate below $110,000.
Platinum Explorer – Vantage Drilling
These are amazing photos of the Deepwater Horizon oil spill in 2010.
On 22 April, two days after the explosion of the Deepwater Horizon rig, an oil leak was discovered when an oil slick began to spread at the former rig site.
When you work in deepwater environment (3000 ft + below sea level), you may think what kinds of creatures live in that condition. Roman Fedorstov has shared some amazing photos of animal living at that condition. You can take a look that these are animal passing by subsea BOP, riser, etc.
If you want to see Roman Fedorstov’s portforlio, you can click the links below.