Demand for jack up drilling rigs has pushed up day rates, with 17 newbuilds delivered in 2000 to 2004 and 12 more under construction. Several new designs lead the way, including the Rowan/LeTourneau Tarzan class, Keppel FELS Super B Class, Friede & Goldman's JU-2000, and the Baker Pacific Marine 375. These designs enable deep drilling to 35,000 and perhaps 40,000, in water as deep as 500 ft. The demand for newbuild and secondhand jack ups and upgrading of existing rigs are driven by growing interest in natural gas prospecting and development. Contractors continue to upgrade their fleets, selling lower specification rigs. Jack ups now comprise about three-quarter of the worldwide fleet of mobile offshore drilling units.


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    Title :

    World drilling market absorbing new jack ups


    Additional title:

    Der Weltbohrmarkt und die Nachfrage nach Hubinseln


    Contributors:

    Published in:

    Oil and Gas Journal ; 102 , 47 ; 39-43


    Publication date :

    2004


    Size :

    5 Seiten, 8 Bilder, 2 Tabellen, 3 Quellen



    Type of media :

    Article (Journal)


    Type of material :

    Print


    Language :

    English






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