Rig: Paragon M825

Name Paragon M825
Owner Borr Drilling
Manager Borr Drilling
Rig Type Jackup
Sub Type Independent Leg Cantilever
Jackup Type Standard
Max Water Depth (ft) 250
Max Drill Depth (ft) 20000
Dimensions (ft) 267 x 176 x 20
Leg Length (ft) 360
Competitive Yes

Current Location

Country Cameroon
Region West Africa

Drilling Equipment

Drawworks Type National Oilwell Varco 1320 UE
Drawworks HP 2000
Mud Pumps Type National Oilwell Varco 12-P-160 Triplex
Top Drive National Oilwell Varco IDS-1S
Hookload Capacity (lbs) 1000000

Rig Construction Details

Rig Design LeTourneau
Rig Model 82-SD-C
Year Built 1984
Country of Build USA
Yard Name Brownsville, Texas
Group Yard Name Marathon LeTourneau Offshore

Rig Contract Details

Operating Status Retired
Operator

Rig Images

News

28 Mar 2016

Exploration well on Bakassi West, Cameroon, Manatee-1, Well Results

SDX Energy Inc. (“SDX” or the “Company”) (TSX VENTURE: SDX), an oil & gas exploration and production company with assets in Egypt & Cameroon, hereby announces that drilling operations have been completed on the Manatee-1 exploration well in Cameroon. The well is operated by Dana Petroleum and SDX holds 35% working interest (38.89% paying interest) in the concession. The Manatee-1 well, which is located in shallow water in the prolific Niger Delta Basin, offshore Cameroon, was spud on 2 nd of March using the Paragon M825 jack-up rig, reached TD of 1,447 meters on 27 th of March. The well intersected 26 metres of gas bearing section of varying quality throughout the wellbore. Wellbore conditions did not permit the acquisition of a full suite of logging tools in the deeper sections of the hole which makes the analyses of these lower intervals inconclusive at this time. Additional technical work will be completed with the samples and material collected from the well to improve the understanding of their quality in a post well analyses. The operation was conducted safely and within the anticipated pre-well budget estimate.

2 Mar 2016

Spudding of high impact exploration well on Bakassi West, Cameroon

– SDX Energy Inc. (“SDX” or the “Company”) (TSX VENTURE: SDX), an oil & gas exploration and production company with assets in Egypt & Cameroon, is pleased to announce that drilling operations have commenced on its high impact exploration well (Manatee-1) on Bakassi West, Cameroon. The well, which is located in shallow water in the prolific Niger Delta Basin, offshore Cameroon, will be drilled using Paragon M825 jack-up rig to a depth of 1,550 meters and the operation is expected to take up to 45 days. The well is operated by Dana Petroleum and SDX holds 35% working interest (38.89% paying interest) in the concession. The concession, which contains a number of discoveries, is covered by 350km of newly acquired 2D seismic from which 13 prospects and leads have been identified. The location of Manatee-1 is in the South Western corner of the block, and has been chosen based on the seismic data which has identified strong geological similarities to the adjacent Abana Field, which lies 7km’s to the Southwest. The Abana field has reported recoverable reserves of 85 MMBBL of high quality light crude oil which produced at a plateau rate of 30kbopd when it came on stream in 1999.

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