BP hires Blackford Dolphin rig for UK North Sea well


British oil major BP has hired a semi-submersible drilling rig for operation in the UK section of the North Sea.

The rig, Blackford Dolphin, is owned by Dolphin Drilling Ltd., a subsidiary of Fred. Olsen Energy ASA. Fred. Olsen Energy said on Friday that the contract was for one well plus four option contract with BP.

The contract is scheduled to start in May 2018. The estimated contract value for the firm scope, estimated to 60 days, is GBP 5.9 million, Fred. Olsen said. Converted to U.S. dollars, the contract is $8.2 million, meaning the dayrate for the rig is around $136.000. The rig itself was built in 1974, undergoing a major deepwater upgrade in 2006/2007.

Blackford Dolphin is currently “smart-stacked” in Flekkefjord. Fred. Olsen has previously said it has introduced smart-stacking in order to preserve the units ready for new contracts.

Smart-stacked rigs are preserved, maintained, kept warm by regular integrated system testing and Class Renewal Survey (CRS) investments will be postponed.

The offshore fleet of Fred. Olsen Energy with subsidiaries consists of three ultra-deepwater/deepwater units and four harsh environment mid-water semi-submersible drilling units.

Worth noting, Blackford Dolphin is now the only Fred. Olsen rig with a secured contract.

Namely, the expiration of the contract in November 2017 the Bideford Dolphin rig had with Statoil, lead to the whole rig fleed being idle. Below is a screenshot of Fred. Olsen’s Fleet Status released in the third quarter of 2017.

 

 

Offshore Energy Today Staff

 

Share this article

Follow Offshore Energy Today

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both domestic and overseas buyer groups, including Shell, Exxon Mobil, Total…

read more >

OIL & GAS PHILIPPINES 2019

Oil & Gas Philippines event display products like Oil & gas, fire protection systems and materials…

read more >

Nigeria Oil & Gas Conference & Exhibition 2019

The annual meeting once again proved to be a great success, gathering over 700 industry professionals…

read more >

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply