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Borr Drilling awarded contract in Latin America

Saturday, January 21 2023

Fossil Energy – Borr Drilling – Latin America

Borr Drilling received a new Letter of Award (LOA) for its Ran premium jack-drilling rig.

The contract is for work in Latin America with an undisclosed customer.

The award covers two wells campaigns with an estimated duration of 200 days on a dry-hole case and up to 460 days on a success case.

The contract value is estimated at $30.4 million on a dry-hole case, including mobilization and demobilization fees.

The Ran is currently on a contract with Wintershall in Mexico, where the rig will remain committed until Q2 2023.

Related posts:

  1. New contract for jack-up Gunnlod
  2. Kistos spuds Q11-B offshore appraisal well
  3. New contracts for Borr Drilling
  4. Two new awards increase Borr’s contracted fleet to 21 rigs

Filed Under: Borr Drilling, Drilling, drilling rig, International News, Latin America Tagged With: Borr Drilling, drilling, Latin America


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