Monday, June 8, 2009

Ensco International Takes Delivery of New ENSCO 8501 Ultra-Deepwater Semisubmersible

Ensco International Incorporated announced that a subsidiary of the Company has taken delivery of ENSCO 8501, the second of the Company’s seven ultra-deepwater semisubmersible rigs being constructed by Keppel FELS Limited in Singapore. The rig will soon commence an expected 50-day mobilization to the U.S. Gulf of Mexico, where it will undergo deepwater sea trials and final outfitting prior to its three and a half year term drilling contract with a subsidiary of Nexen and Noble Energy. Drilling operations are expected to commence in mid-October 2009.

Dan Rabun, Chairman, President and Chief Executive Officer, commented, "Delivery of our second ultra-deepwater semisubmersible rig in the ENSCO 8500 Series® is an important milestone in our deepwater expansion program. We anticipate a smooth startup of operations following final outfitting, sea trials and deep water acceptance testing once ENSCO 8501 arrives in the Gulf of Mexico. Our other five ultra-deepwater semisubmersibles under construction are progressing on schedule."

Combined with the ENSCO 7500 ultra-deepwater semisubmersible drilling rig currently contracted to Chevron in Australia, the fleet of seven ENSCO 8500 Series® rigs will make Ensco a leader in ultra-deepwater semisubmersible drilling rigs capable of operating in water depths of 7500’ or more.

The proprietary design of the ENSCO 8500 Series® was developed with extensive input from customers to address drilling requirements of virtually every deep water field around the world. Rated for work in 8,500’ waters, Ensco’s new ultra-deepwater semisubmersible rigs may be modified to drill and complete wells in water depths up to 10,000’. The universal design of the ENSCO 8500 Series® rigs streamlines operational functionality, training, spare part requirements, repairs and maintenance to control costs and enhance the overall reliability of rig operations.

Ensco International (NYSE:ESV - News) brings energy to the world as a global provider of offshore drilling services to the petroleum industry. With a fleet of ultra-deepwater semisubmersible and premium jackup drilling rigs, Ensco serves customers with high-quality equipment, a well-trained workforce and a strong record of safety and reliability.


Contact:

Ensco International Incorporated
Sean O’Neill, 214-397-3011
Vice President, Investor Relations

source: yahoo

0 comments: