ExxonMobil, EnQuest hire Stena drillship and semi-sub

Offshore drilling contractor Stena Drilling has recently signed drilling contracts for the Stena Don and the Stena DrillMax rigs.

Stena Don – Image Source: Stena Drilling

ExxonMobil has hired the Stena DrillMAX drillship for two firm wells to be drilled in an undisclosed country, starting May or June 2020.

Bassoe Analytics shows the rig will be deployed either in the Mediterranean or the Black Sea. It is currently located in the eastern Mediterranean.  The dayrate, for the 140-day contract, has been estimated at $190,000. ExxonMobil will have options to extend the contract for two more wells.

To remind, ExxonMobil in February this year used another Stena drillship – the Stena Icemax – in the Mediterranian Sea offshore Cyprus, striking a giant gas discovery at its Glaucus-1 well. Read more on that here.

The second contract secured by Stena is for the Stena Don semi-submersible drilling rig. The UK player EnQuest has hired the Stena Don for drilling operations in the UK for a dayrate estimated by Bassoe Offshore at $185,000.

The contract, expected to start in February 2020, is a two-well, 90-day term. According to MarineTraffic, the Stena Don is currently moored in the Orkney Islands, UK, with its next destination set for the west Shetlands.


Offshore Energy Today Staff

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