Rig: Paragon B301

Name Paragon B301
Owner Paragon Offshore Leasing (Switzerland) GmbH
Manager Paragon Offshore
Rig Type Jackup
Sub Type Independent Leg Cantilever
Jackup Type Standard
Max Water Depth (ft) 300
Max Drill Depth (ft) 25000
Dimensions (ft) 234 x 214 x 26
Leg Length (ft) 433
Competitive Yes

Current Location

Country USA
Region North America

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 PS2-750A
Hookload Capacity (lbs) 1500000

Rig Construction Details

Rig Design Baker Marine
Rig Model BMC-300-IC
Year Built 1976
Country of Build USA
Yard Name Ingleside, Texas
Group Yard Name Baker Marine Corporation

Rig Contract Details

Operating Status Retired

Rig Images


11 May 2015

Paragon announces contract cancellations in Mexico

Paragon Offshore plc. (“Paragon”) has announced that on the 6th May 2015, the company received written notices of termination from PEMEX – Exploracion y Produccion (“Pemex”) for the Paragon L1113 and Paragon B301 jackup rigs. Pemex exercised its 30 days right to terminate notice and the contracts are due to come to a conclusion in late May 2015.

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