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Rig designers continue fine-tuning

Journal Article · · Sea Technology; (United States)
OSTI ID:6476290
Rig designers and owners continue to fine-tune a variety of sophisticated new generation semisubmersible and jackup designs that will go into production once supply catches up with demand, later in the decade. The units will be designed to meet the latest international safety requirements, be more highly specialized that most existing rigs, and they will be expensive. Rising oil prices and improved rig utilization will be the catalysts to spur future rig orders. Over the longer term, the aging semi fleet will need to be upgraded or replaced beginning in the second half of the deacade. Rig life extension programs will be economically justified for many rigs, but new construction will pay a significant role in the semi fleet this decade. Many rig designs will be capable of ultra-deep-water drilling and production in water depths as deep as 10,000 feet. Additional designs concepts and projects are discussed.
OSTI ID:
6476290
Journal Information:
Sea Technology; (United States), Journal Name: Sea Technology; (United States) Vol. 34:4; ISSN 0093-3651; ISSN SEATAD
Country of Publication:
United States
Language:
English

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