Rig: T-16

Name T-16
Owner Seadrill Ltd
Manager Seadrill Ltd
Rig Type Tender Rig
Sub Type Other
Jackup Type --
Max Water Depth (ft) 6000
Max Drill Depth (ft) 20000
Dimensions (ft) 320 x 90 x 37.3
Leg Length (ft) --
Competitive Yes

Current Location

Country Thailand
Region South East Asia

Drilling Equipment

Drawworks Type -- SSGD-500
Drawworks HP 2300
Mud Pumps Type National Oilwell Varco 12-P-160 Triplex
Top Drive National Oilwell Varco TDS-8A
Hookload Capacity (lbs) 750000

Rig Construction Details

Rig Design Self-Erecting TAD Barge
Rig Model Flat Bottom Barge
Year Built 2013
Country of Build China (PRC)
Yard Name COSCO (Nantong) Shipyard
Group Yard Name COSCO Shipyard Group Co., Ltd. (COSCO)

Rig Contract Details

Operating Status Operational
Operator Chevron

News

11 Oct 2013

Seadrill Ltd sells 'T-16' tender rig to Seadrill Partners LLC

Seadrill Ltd has announced that the company have entered into an agreement with Seadrill Partners LLC for the sale of the ‘T-16’ tender rig. Seadrill Ltd will sell the unit to the recently spun off Seadrill Partners LLC for a total purchase price of US$200 million, US$93 million of which will go towards the outstanding debt associated with the construction of the asset. The ‘T-16’ unit has a firm contract with Chevron running until December 2017 having begun working for the operator in September 2013. The sale of the tender rig follows the company’s sale of the majority of its tender rig fleet to SapuraKencana for US$2.9 billion in February 2013.

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