Rig: Cantarell I

Name Cantarell I
Owner Grupo R
Manager Grupo R
Rig Type Jackup
Sub Type Independent Leg Cantilever
Jackup Type Premium
Max Water Depth (ft) 400
Max Drill Depth (ft) 30000
Dimensions (ft) 234 x 208 x 25
Leg Length (ft) 517
Competitive Yes

Current Location

Country Mexico
Region Latin America

Drilling Equipment

Drawworks Type National Oilwell Varco ADS 10T
Drawworks HP 3000
Mud Pumps Type National Oilwell Varco 14-P-220 Triplex
Top Drive National Oilwell Varco TDS-8SA
Hookload Capacity (lbs) 1500000

Rig Construction Details

Rig Design Keppel FELS
Rig Model B Class
Year Built 2016
Country of Build Singapore
Yard Name Pioneer Yard I
Group Yard Name Keppel Offshore & Marine Ltd.

Rig Contract Details

Operating Status Operational
Operator Pemex

News

28 Mar 2016

Delivery of Cantarell I and II

Offshore Drilling Holding S.A. (“ODH” or “The Company”) announces that on March 24, 2016 the company took delivery of the first two Jackup rigs: Cantarell I and Cantarell II from Keppel FELS shipyard. Final payment of the Construction Contracts was done with the support of several international banks that structured, closed and funded a project finance loan, backed by the assets and the revenues from the respective charter contracts with PEMEX. It is important to state that the shallow water is a division of Offshore Drilling Holding, but it is not part of the structure of the Bond. Cantarell I and Cantarell II departed today March 28, 2016 from Singapore to Mexico on board a heavy lift vessel and are scheduled to commence operations in the Gulf of Mexico on August 1st, 2016, under the same terms previously announced by the Company. José Ramiro Garza, CEO of ODH states: “We are living in challenging times in the oil industry worldwide, particularly in the offshore drilling services market. Fortunately, we were able to complete the payment and delivery of our first two premium Jackup rigs and now we are scheduled to commence operating in August this year. We continue working hard and doing what is in our hands to accomplish the work plan previously announced by the Company in connection to our operations in shallow and ultra-deep water.”

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