New Generation Drillship Goes to Work

Wednesday, September 01, 1999
Conoco and R&B Falcon Corp. announced Deepwater Pathfinder - a first-of-its-kind, ultra-deepwater drillship - began a five-year work program in the Gulf of Mexico. The ship, the first new build capable of drilling in 10,000 ft. of water, will fulfill a $400 million drilling program for Conoco. The vessel is expected to drill three or four wells in its first year of operation, with the first exploratory well being drilled at Garden Banks Block 783. Conoco has interests in 295 deepwater leases in the Gulf. The technological highlight of the ship is its dynamic positioning systems, wherein a specialized combination of seabed and satellite systems send signals to onboard computers. Six high-powered thrusters counter the force of currents, wind and waves to keep the vessel exactly on target without an anchor, even in weather conditions as severe as a ten-year Gulf of Mexico storm. Furthermore, Deepwater Pathfinder is the only drillship worldwide incorporating triple-redundant power and operating functions, which qualify for the ABS' DP3 classification - the shipping society's highest standard of safety, redundancy and reliability for dynamically positioned vessels. Deepwater Pathfinder has numerous innovative features that combine to make it a new generation of drillships. No other ultra-deepwater drillship designed to date meets such stringent standards for safety, redundancy and reliability. In one of the first applications of its kind, the vessel features computerized rig floor operations, with conventional manual backup capabilities. This automation virtually eliminates the human element from operating much of the traditional drilling equipment, thereby reducing the risk of injury and increasing efficiency. Conoco and R&B Falcon are building a second deepwater drillship with the same specifications, expected to be delivered in early 1999 - about two months ahead of schedule. It will operate on Conoco's deepwater tracts in other parts of the world, such as the Atlantic Margin, Norway, New Zealand and Nigeria. Conoco holds more than 35 million acres of deepwater leases throughout the world. Conoco will contract the second ship for 2.5 years out of the first five years of its operation, with renewal options. M
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

EMS Seven Seas Announces New CEO

EMS Seven Seas announces new CEO; enters into agreement to acquire Wave Shipping, a Singapore-based maritime and port agency services company. EMS Seven Seas,

Liebherr Sees Growing Demand for Harbor Cranes in Latin America

Several new deliveries to Latin America; strong 2014 year for Liebherr mobile harbor cranes Liebherr said its mobile harbor crane population in Latin America

Sri Lanka Port Project: China Merchants, CHEC Invest $601-M

Two of China's largest port operators and engineering firms have agreed to invest in a $601 million terminal in Sri Lanka's Hambantota port, part of a series of

Offshore

EMS Seven Seas Announces New CEO

EMS Seven Seas announces new CEO; enters into agreement to acquire Wave Shipping, a Singapore-based maritime and port agency services company. EMS Seven Seas,

iSURVEY Awarded Two-year Contract with Island Offshore

iSURVEY has been awarded a two-year contract with offshore vessel owner, Island Offshore Management, which will see iSURVEY AS provide positioning services to Island

Statoil: COSL Pioneer Temporarily Suspended

Due to overcapacity in their rig portfolio, Statoil will lay up the COSL Pioneer rig in the fourth quarter of 2014. The rig is currently carrying out an assignment

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1270 sec (8 req/sec)