Dolphin Drilling Awarded $252 Million Contract for the Bredford Dolphin

Bredford Dolphin, image: Dolphin Drilling

Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA has subject final approvals entered into a Letter of Award for the provision of the semi submersible drilling rig Bredford Dolphin with an AGR coordinated group of four oil companies for operation on the Norwegian Continental Shelf. The contract is for an eight well drilling campaign with an estimated duration of 570 days, with commencement in direct continuation with current contract.

The operators have the right to extend the contract period with four additional wells within 30th of June 2013. Subject to execution of the first four optional wells, the operators have the right to extend the contract with minimum additional five wells within contract commencement.

The estimated contract value for the firm period is approximately USD $252 million.

Rig Particulars: 

Flag: Singapore
Owner: Bredford Dolphin Pte.Ltd
Manager: Dolphin Drilling A/S
Year Built: 1976, Major Upgrade 2007
Design: Aker H-3, MODU
Classification: DnV + 1A1, Column stabilised drilling unit, CRANE, HELDK, DRILL

MAIN DIMENSIONS

Length: 108.20 m
Breadth: 67.36 m
Height or Depth: 36,58 m (Main deck elevation)

CAPACITIES

Variable Deck Load: 4000 MT (operating)
Quarters: 97 – new LQ fitted 2007
Water Depth: 1500 ft

DRILLING EQUIPMENT

Derrick: Continental Emsco 185 ft.
Mudpumps: 3 x Gardner Denver PZ-11
Top Drive:  Varco TDS 4

OTHER EQUIPMENT

Mooring system: 8 point
BOP System: Shaffer 18 3/4″ 10,000 psi
Deck Crane: 2 x 40 tons – fitted 2007