Rowan, El Paso and Canadian Superior Announce Contracting of Rowan Gorilla V

Thursday, May 23, 2002
Rowan Companies, Inc., El Paso Oil & Gas Canada, Inc., an indirect subsidiary of El Paso Corporation, and Canadian Superior Energy Inc. announced the contracting of the Rowan Gorilla V for the initial drilling of El Paso's and Canadian Superior's Marquis Natural Gas Project Offshore Nova Scotia. Bob Palmer, Rowan's Chairman and Chief Executive Officer announced the contract in Houston today and commenting on the contract said, "We are very pleased to announce our new contract for Gorilla V and the Marquis Project and we are especially pleased to continue our 20+ years of operations offshore Eastern Canada and we look forward to this new opportunity to expand our customer base offshore Nova Scotia." "The Rowan Gorilla V is one of the largest jack-up drilling rigs operating in the world and in association with Canadian Superior, we are very pleased to see this contract awarded to Rowan," said Harvey Klingensmith, President of El Paso Canada. The Gorilla V is the first of a series of Super Gorilla class jack-ups capable of drilling and producing simultaneously in water depths up to 400 feet in harsh environments like offshore Eastern Canada. The Gorilla V features a derrick with a total combined drilling capacity of 3.5 million pounds, 16,975 of prime mover horsepower, 8,800 of mud pump horsepower and a total drilling load capacity of 16.25 million pounds. In commenting on awarding of the contract to Rowan, Canadian Superior's President Greg Noval, speaking from Canadian Superior's office in Halifax, said today, "The Rowan Group brings a wealth of East Coast service and supply experience to our Marquis Project, and subject to regulatory approval, we are looking forward to begin drilling on the Marquis Project with the Gorilla V over the next 6 to 8 weeks." El Paso's and Canadian Superior's Marquis Project is located approximately 20 kilometers (12.5 miles) northwest of Sable Island and is directly on trend with, and analogous to, the recent Deep Panuke Abenaki reef natural gas discovery. Deep Panuke is approximately 25 kilometers (15.6 miles) to the southwest of the Marquis Project and has successfully tested several delineation wells, each with productive capacity in excess of 50 million cubic feet per day (mmcf/d). The Deep Panuke discovery production rate is expected to be in excess of 400 mmcf/d when it is brought on line. The first Marquis well will be drilled to a minimum depth of 4,300 meters (14,100 feet) TVD or, a depth sufficient to test the main deep Abenaki reef section.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | 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: 0.2290 sec (4 req/sec)