Noble stacks drillships, semisubmersibles

OE Staff
Friday, May 20, 2016

US drilling contractor Noble Corporation is due to cold stack two semisubmersibles and warm stack two drillships. 

In its latest fleet status report, the firm said it is preparing to cold stack the Noble Jim Day, a Bingo 9000 semisubmersible drillship built in 1999. It was last working for Shell in the US Gulf of Mexico. 

The Noble Dave Beard, an F&G 9500 Enhanced Pacesetter semisubmersible, is on its way to Singapore, under tow, where it will be cold stacked. It had been working for Petrobras in Brazil since March 2010 at a US$235,000 day rate.

Meanwhile, the Noble Tom Madden and Noble Sam Croft, both Gusto P10,000 drillships, are being prepared to be warm sticked in the UK Gulf of Mexico, having come off contract with Freeport-McMoRan this month, following an early contract termination, for which Noble is to receive $540 million from Freeport.

The Noble Tom Madden had been working for Freeport since November 2014 at a day rate of $635,000. The Noble Sam Croft had been working for Freeport since July 2014 at a day rate of $641,000. 

Categories: Drilling Rigs Exploration

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