Rig: West Auriga

Name West Auriga
Owner Seadrill Capricorn Holdings LLC
Manager Seadrill Partners LLC
Rig Type Drillship
Sub Type Ultradeep Water
Jackup Type --
Max Water Depth (ft) 10000
Max Drill Depth (ft) 37500
Dimensions (ft) 718 x 137.8 x 62
Leg Length (ft) --
Competitive Yes

Current Location

Country USA
Region North America

Drilling Equipment

Drawworks Type National Oilwell Varco SSGD-1250
Drawworks HP 6900
Mud Pumps Type National Oilwell Varco 14-P-220 Triplex
Top Drive National Oilwell Varco TDX-1250
Hookload Capacity (lbs) 2500000

Rig Construction Details

Rig Design Samsung
Rig Model S10000E
Year Built 2013
Country of Build South Korea
Yard Name Geoje (Koje) Shipyard
Group Yard Name Samsung Heavy Industries (SHI)

Rig Contract Details

Operating Status Operational
Operator BP

Rig Images

News

11 Mar 2014

Seadrill agrees to sell 'West Auriga' drillship to Seadrill Partners LLC

Seadrill Limited (Seadrill) announced today that it has entered into an agreement with Seadrill Partners LLC pursuant to which Seadrill will sell to Seadrill Capricorn Holdings LLC, Seadrill Partners' 51% owned subsidiary ("Capricorn Holdings"), all of the ownership interests in the entities that own and operate the drillship, the ‘West Auriga’. Seadrill will own the remaining 49% interest in Capricorn Holdings. The acquisition of the ‘West Auriga’ drillship, which is expected to close within 30 days, will be accomplished through a series of purchases, contributions and assumptions of debt and is subject to the satisfaction of certain closing conditions.The ‘West Auriga’ is a 6th generation, dynamically positioned drillship delivered from the Samsung shipyard to its current customer, BP, in October 2013. The drillship is expected to carry out operations in the U.S. Gulf of Mexico until the end of its contract in October 2020 at a dayrate of US$565,000 per day, excluding approximately $37,500 per day payable by the customer over the term of the contract relating to mobilization, variation orders and other special and standby rates. The implied sale price of the drillship is US$1.24 billion, less US$443.1 million outstanding under the facility related to the ‘West Auriga’. In addition, Capricorn Holdings intends to issue a US$100 million zero coupon limited recourse discount note to the Company that matures in September 2015. Upon maturity of such note, Seadrill Capricorn Holdings LLC will repay US$103.7 million to the Seadrill. Based on the Seadrill Partners' 51% ownership of Seadrill Capricorn Holdings, its portion of the net purchase price after debt will be US$355.4 million.

19 Nov 2013

BP adds two drilling rigs in the deepwater Gulf of Mexico

BP today announced it has added two drilling rigs to the deepwater Gulf of Mexico, bringing its fleet to a company record nine rigs as it continues to develop its strong portfolio of assets in the key U.S. offshore basin. One of the rigs is a new ultra-deepwater drillship known as the West Auriga that is under long-term contract to BP from Seadrill Ltd, a leading international offshore drilling contractor. The vessel, capable of operating in up to 12,000 feet of water, has begun development drilling work at BP’s Thunder Horse field. The other is a reconstructed drilling rig on BP’s Mad Dog oil and gas production platform. It replaces the original rig on the platform that was badly damaged and left inoperable by Hurricane Ike in 2008. With the new, state-of-the art rig, the platform recently resumed development drilling at the massive Mad Dog field complex. “The addition of these two new rigs reflects the vital importance of the deepwater Gulf of Mexico to the future of BP,” said Richard Morrison, Regional President of BP’s Gulf of Mexico business. “It also clearly demonstrates BP’s commitment to the American economy and U.S. energy security.” BP currently anticipates investing on average at least $4 billion in the Gulf of Mexico each year for the next decade. The company plans to concentrate future activity and investment in the Gulf on growth opportunities around its four major operated production hubs – Thunder Horse, Na Kika, Atlantis and Mad Dog – and three non-operated production hubs – Mars, Ursa and Great White – in the deepwater, as well as on significant exploration and appraisal opportunities in the Paleogene and elsewhere. BP is also advancing a strong pipeline of future development projects in the deepwater Gulf. In April, the company started up the Atlantis North expansion, the first of seven additional wells to be tied back to the existing Atlantis platform. At Na Kika, another field expansion is planned, following the successful startup last year of the Galapagos development, a subsea tieback to the Na Kika production facility. BP is also pursuing plans for a second phase of the Mad Dog field.

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