Rig: Rowan Anchorage

Name Rowan Anchorage
Owner Rowan
Manager Rowan
Rig Type Jackup
Sub Type Independent Leg Slot
Jackup Type Mat Cantilever/Slot
Max Water Depth (ft) 250
Max Drill Depth (ft) 20000
Dimensions (ft)
Leg Length (ft) 324
Competitive No

Current Location

Country --
Region --

Drilling Equipment

Drawworks Type National Oilwell Varco 1320 UE
Drawworks HP --
Mud Pumps Type --
Top Drive --
Hookload Capacity (lbs) 1100000

Rig Construction Details

Rig Design LeTourneau
Rig Model 52-S
Year Built 1972
Country of Build Singapore
Yard Name Marathon - Singapore Shipyard
Group Yard Name Marathon LeTourneau Offshore

Rig Contract Details

Operating Status Destroyed
Operator

News

16 Sep 2008

Rowan Reports on Condition of Gulf of Mexico Fleet Following Hurricane Ike

Rowan Companies, Inc. (NYSE:RDC) announced today that it has completed an initial aerial survey of its nine rigs in the Gulf of Mexico. All of the Company's rigs were on location, with the exception of the Rowan-Anchorage. The Company is undertaking efforts to locate the rig but believes it may have capsized and sunk at its pre-storm location offshore Louisiana. All appropriate regulatory agencies have been notified. In addition, Rowan's Sabine Pass, Texas facility encountered a significant storm surge and is expected to be out of commission for some time. The Company's newbuild jack-up, Rowan-Mississippi, which is stationed there for final outfitting, was apparently struck by another vessel during the storm. The Company's initial assessment is that the damage is limited and should not delay the rig's scheduled delivery. Rowan's other rigs in the Gulf Coast area appear to have sustained minimal damage but a complete evaluation of their condition will require a closer inspection upon the return of the Company's drilling personnel. Crew members have begun returning to their assigned rigs and normal operations should resume as soon as possible. The Rowan-Anchorage was a LeTourneau 52-class slot jack-up rig. The rig had been secured at its pre-storm location in Vermillion Block 201 and all personnel were evacuated prior to the arrival of Hurricane Ike. It was insured for $60 million, less a $17.5 million windstorm deductible, and had a carrying value of approximately $4.5 million. The rig had been operating under a well-to-well contract at a day rate of approximately $60,000.

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