Ensco orders DP3 ultra-deepwater drillship from Samsung Heavy
Ensco plc (NYSE: ESV) has ordered an additional advanced-capability DP3 ultra-deepwater drillship based on the Samsung GF12000 hull design, the Company said Monday in a press release.
The vessel, ENSCO DS-10, will be the eighth Samsung DP3 drillship in the Ensco fleet, further extending the benefits of Ensco’s fleet standardization strategy. It will be built at the Samsung Heavy Industries, Co. Ltd. (SHI) shipyard in South Korea, with delivery scheduled for the third quarter of 2015. The agreement includes an option for an additional drillship of the same design.
ENSCO DS-8 and ENSCO DS-9, also based on the GF12000 hull design, are scheduled for delivery in 2014. Ensco is currently the only drilling contractor offering the advanced features of the GF12000 hull design.
Including commissioning, systems integration testing, project management and tubulars, the construction cost is expected to be approximately $625 million.
Measuring 755 feet in length and 125 feet in width, ENSCO DS-10 will offer a 1,250-ton hoisting system with enhanced offline capability. Like ENSCO DS-8 and ENSCO DS-9, the new unit will have advanced capabilities to meet the demands of ultra-deepwater drilling in water depths of up to 12,000 feet and a total vertical drilling depth of 40,000 feet. It will be initially outfitted to work in water depths up to 10,000 feet.
Features include: retractable thrusters; enhanced safety and environmental features; improved dynamic positioning capabilities; and advanced drilling and completion functionality, including below-main-deck riser storage, triple fluid systems and offline conditioning capability. The drillship also incorporates enhanced client and third-party facilities with living quarters for up to 200 personnel.
A 165-ton active heave compensating construction crane allows for deployment of subsea production equipment without interference with ongoing drilling operations. ENSCO DS-10 includes a 15,000-psi subsea well control system with seven rams and can accommodate a second BOP stack.
Ensco’s four active DP3 drillships are currently working in the U.S. Gulf of Mexico, Brazil and West Africa. Three are contracted into 2016 and the fourth is contracted into 2018. A fifth drillship, ENSCO DS-7, scheduled for delivery later in 2013, is contracted to Total into 2016.
