New Ensco rig delivered

December 23, 2013

Ensco plc has taken delivery of ENSCO 121, the second of four ultra-premium harsh environment jackup rigs in its ENSCO 120 Series. The rig is contracted to work in the North Sea beginning in Q2 2014 at a day rate of approximately $230,000.

"The ENSCO 120 Series is ideal for ultra-deep well programs in challenging shelf environments," said, Chairman, President and CEO Dan Rabun.

ENSCO 121 was constructed at the Keppel FELS yard in Singapore and soon will be en route to Rotterdam for final load out and crew familiarization.

ENSCO 120, the first rig in the series, is under contract in the North Sea. ENSCO 122 will be delivered in Q3 2014 and is contracted for North Sea work as well. In November, Ensco ordered ENSCO 123, the fourth rig in the series, for delivery in Q2 2016.

These new jackup rigs are enhanced versions of the KFELS Super A design. Capable of operating in water depths up to 400ft, ENSCO 120 Series rigs are designed for the most demanding large multi-well platform programs, ultra-deep gas programs or ultra-long reach wells up to 40,000ft. total drilling depth. The design features of the rig increase the area of operability in the North Sea and other harsh environment regions.

The rigs have a cantilever envelope, 18-3/4-in. 15k 4-ram BOP, 2.5 million-pound quad derrick, enhanced rig floor layout, fully automated hands-free offline pipe handling systems, ultra-high capacity jacking and fixation systems, 150-person quarters and strict noise and ergonomic standards. Previously, these features were found only in the largest ultra-harsh environment jackup rigs.



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