Parker Drilling receives contract for barge drilling rig from Chevron

Offshore staff

HOUSTONParker Drilling Co. (NYSE: PKD) has contracted its barge drilling rig, Rig 55B, which is being introduced to the company's fleet to bring additional capabilities to the Gulf of Mexico barge market. The rig has been contracted to Chevron USA Inc.

Chevron will utilize the rig for four wells, for an expected term of 120 days at a dayrate of $50,300. The contract is expected to begin 2Q 2014.

03/24/2014

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...