Ensco?s Indonesian fleet update: Oct 2007
Wednesday, October 17 2007 - 12:33 AM WIB
The following is excerpt from Ensco International Incorporated’s Contract Status of Offshore Rig Fleet report as of October 15, 2007:
Rig Name
Design
Water Depth
Customer/ Status
Day Rate
Location
Est. Avail/Contract Change
Comments
ENSCO 67
MLT 84-CE
400
ConocoPhillips
High 140's
Indonesia
Dec. 08
Rate increases Nov. 07 to low 200's, plus unpriced options
ENSCO 104
KFELS MOD V-B
400
CHOC
Low 230's
Malaysia
Oct. 07
Plus cost adjustments. Next to shipyard, approximately 60 days of non-operating day rate and mob revenue will be deferred and recognized over the term of BP contract. Then to BP Indonesia for 6-months at mid 220's, 6-months at mid 230's, and priced 290-day option, mid 250's plus cost adjustments
ENSCO 108
KFELS MOD V-B
400
BP
Mid 170's
Indonesia
May 08
Rate increases mid Nov. 07 to low 180's, and options May 08 to Nov. 08, mid 190's, then to Jun. 09, low 200's, and 1-year unpriced option
ENSCO I
Barge Rig
-
Chevron
Low70's
Indonesia
Jan. 08
Then expect to work to May 08, high 60's