Rig: Paragon M826

Name Paragon M826
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) 207 x 176 x 20
Leg Length (ft) 360
Competitive Yes

Current Location

Country Sharjah (UAE)
Region Middle East

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 TDS-5H
Hookload Capacity (lbs) 1000000

Rig Construction Details

Rig Design LeTourneau
Rig Model 82-SD-C
Year Built 1983
Country of Build USA
Yard Name Vicksburg, Mississippi
Group Yard Name Marathon LeTourneau Offshore

Rig Contract Details

Operating Status Retired
Operator

Rig Images

News

19 Feb 2016

Orca Exploration announces the completion of the offshore workover and drilling program phase of its Songo Songo Main Field development programme

Orca Exploration Group Inc announces the successful completion of its offshore workover and drilling program (the "Off-Shore Programme") and the release of the Paragon M826 mobile drilling workover rig. The Off-Shore Programme of the Songo Songo Main Field development programme (the "development programme") included workovers on three existing wells (SS-5, SS-7 and SS-9) and the drilling of one new development well, SS-12. Phase 1 of the development programme also includes the completion of the SS-12 production platform, flowlines and tie-in facilities connecting SS-12 to the Company's gas processing facilities and a refrigeration system required to ensure field production stability to enable the Company to produce wells into the newly built National Natural Gas Infrastructure Project ("NNGIP"). The total cost of Phase 1 of the development programme was originally estimated to cost US$120 million, however, now that the Off-Shore Programme has been completed, the Company expects that Phase 1 of the development programme to have a total cost of under US$80 million with costs incurred to date of approximately US$68 million. The reduction in costs was a result of being able to successfully workover the three wells without having to do any side-tracking, efficiencies achieved during the work-overs, and work scope changes which reduced the original estimated time required to complete Phase 1. The full development programme provides for additional workovers, compression systems and additional infrastructure to ensure all production commitments are met through to the end of the licence in 2026.

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