Rig: Pride Wisconsin

Name Pride Wisconsin
Owner Santa Barbara Offshore Drilling Co. Ltd.
Manager Santa Barbara Offshore Drilling Co. Ltd.
Rig Type Jackup
Sub Type Independent Leg Slot
Jackup Type Mat Cantilever/Slot
Max Water Depth (ft) 300
Max Drill Depth (ft) 20000
Dimensions (ft) 247 x 200 x 26
Leg Length (ft) 410
Competitive No

Current Location

Country --
Region --

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-3
Hookload Capacity (lbs) 1044000

Rig Construction Details

Rig Design LeTourneau
Rig Model 84-S
Year Built 1976
Country of Build USA
Yard Name Brownsville, Texas
Group Yard Name Marathon LeTourneau Offshore

Rig Contract Details

Operating Status Retired
Operator

News

4 Feb 2014

Ensco plc sells two jackup rigs for US$33 million

Ensco plc (NYSE: ESV) has sold its two remaining cold-stacked jackup rigs for $33 million. The net book value of the two rigs, ENSCO 69 and Wisconsin, both built in 1976, was approximately $9 million. The pre-tax gain on the sale is approximately $24 million, which will be included in first quarter 2014 operating results. Executive Vice President and Chief Financial Officer Jay Swent said, “This sale is part of Ensco’s ongoing strategy of high-grading our fleet by divesting older, less-capable assets and reinvesting in advanced-technology rigs. We believe our orderly process of selling rigs has generated superior value for shareholders over time, and that this strategy keeps us at the forefront of industry technology with one of the newest and most capable fleets in the world.” During the past four years, Ensco has sold 13 rigs and proceeds have been reinvested in the fleet. Over the same period, Ensco has taken delivery of 12 high-performance rigs, including five Samsung DP3 ultra-deepwater drillships, five ENSCO 8500 Series® ultra-deepwater semisubmersibles and two ENSCO 120 Series ultra-premium harsh environment jackups. In addition, Ensco has six rigs under construction – three ultra-deepwater drillships and three premium jackups – that reinforce the Company’s commitment to standardization.

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