Rig: Karon 1

Name Karon 1
Owner Karon Shipping & Trading Company Inc.
Manager Karon Shipping & Trading Company Inc.
Rig Type Jackup
Sub Type Independent Leg Cantilever
Jackup Type Standard
Max Water Depth (ft) 330
Max Drill Depth (ft) 21000
Dimensions (ft) 227 x 262.5 x 27
Leg Length (ft) 464
Competitive Yes

Current Location

Country Iran
Region Middle East

Drilling Equipment

Drawworks Type National Oilwell Varco E-3000
Drawworks HP 3000
Mud Pumps Type National Oilwell Varco A-1700-PT Triplex
Top Drive National Oilwell Varco TDS-8SA
Hookload Capacity (lbs) 1330000

Rig Construction Details

Rig Design Gusto MSC
Rig Model --
Year Built 1985
Country of Build Finland
Yard Name Pori Shipyard
Group Yard Name Rauma-Repola OY

Rig Contract Details

Operating Status Ready Stacked
Operator --

News

21 Jun 2011

Seadrill sells the jack-up rig West Janus

Hamilton, Bermuda, June 21, 2011 - Seadrill has entered into an agreement to sell the 1985 built jack-up drilling rig West Janus to Harrington LLC in Dubai for a total consideration of US$73 million. Seadrill expects to record a gain on the sale in excess of US$50 million on closing. Closing of the agreement and the transfer of ownership of the unit is scheduled upon completion of the rig's present drilling assignment in the second half of 2011. Seadrill's fleet of jack-up rigs remains the world largest modern jack-up fleet with a total of 19 units built after 2006, including rigs under construction. Furthermore, Seadrill has options for construction of six further units at attractive prices. Alf C Thorkildsen, CEO of Seadrill Management AS says, "We remain optimistic about the market outlook for premium jack-up rigs, and at the same time continue to highgrade our fleet by disposing some older units, whilst adding new rigs to it. The disposal of West Janus further reduces the average age of the modern Seadrill jack-up fleet to 2.6 years, and is in line with our strategy of focusing our company on modern, premium offshore drilling units."

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