Noble secures more work for two offshore rigs

Offshore drilling contractor Noble Corporation has secured a contract extension for a drillship in South America and another one for a jack-up rig offshore the UK.

Noble Sam Croft drillship
Noble Sam Croft drillship; Source: Noble Corporation

In its fleet status report released on Thursday, Noble Corp. said that Apache had exercised two of three option wells for the 2014-built Noble Sam Croft drillship, extending the contract to March 2020.

The drillship is operating in Suriname with one option well remaining. The rig owner has not disclosed the rig’s dayrate.

According to an estimate by Bassoe Offshore, the dayrate for the Noble Sam Croft contract with Apache is $170,000. The rig’s previous dayrate with W&T in the Gulf of Mexico was estimated at $160,000.

Furthermore, Spirit Energy has exercised final option well for the 2009-built Noble Hans Deul jack-up, extending the contract to April 2020. The rig is operating in the UK for an undisclosed dayrate.

Bassoe estimates the dayrate for the Noble Hans Deul rig to be around $100,000.

Noble also said that the 2014-built jack-up Noble Houston Colbert would start its contract in the UK with RockRose this month.

The contract will last until April 2020 and it includes one one-well option. Bassoe estimates the rig’s dayrate to be around $95,000.

Offshore Energy Today Staff


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