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Thursday, March 25, 2021

Offshore oil gas semisub drill rig-Deepsea Atlantic

Semi-6th gen-DP GVA 7500-N Info/Jobs.




Deepsea Atlantic is a sixth generation deepwater and harsh environment semi-submersible. This unit, along with its sister rig Deepsea Stavanger and Deepsea Aberdeen, is a state-of-the-art dual derrick, dynamic-positioned unit of enhanced GVA 7500 design.

 Rig Name:    Deepsea Atlantic
Owner:         Odfjell Drilling
Manager:    Odfjell Drilling
Rig Type:    Semisub
Sub Type:    Ultradeep Water
Max Water Depth (ft):    10,000
Max Drill Depth (ft):    37,500
Dimensions (ft):    308.3 x 256 x 357

Competitive:    Yes
Current Location:
Country:    Norway
Region:        NWECS


Drilling Equipment:
Drawworks Type:     ----
Drawworks HP:        9,200
Mud Pumps Type:     National Oilwell Varco 14-P-220 Triplex
Top Drive:        National Oilwell Varco HPS-1000
Hookload Capacity (lbs):2,000,000

Rig Construction Details:
Rig Design:    Gotaverken
Rig Model:    GVA 7500 (Enhanced)
Year Built:    2009
Country of Build: South Korea
Yard Name:      Okpo Shipyard
Group Yard Name:  Daewoo Shipbuilding & Marine Engineering (DSME)

Rig Contract Details:
Operating Status: Operational
Operator:      Equinor 


The unit is designed for operations in harsh environments and at water depths of up to 3,000 m. It is equipped with a full conventional mooring spread for operations in water depths of 70 to 500 metres. The 7,500 mt loading capacity in all operating conditions ensures efficiency, with a reduced need for supply. Additionally, full winterization may be provided for improved working conditions in an arctic environment.


On December 18, 2020, Odfjell Drilling has secured more work for its Deepsea Atlantic drilling rig with Equinor for operations in Norway. Equinor has exercised two new wells for Deepsea Atlantic, Odfjell Drilling revealed. The wells have been exercised under the continued optionality mechanism in the contract entered into between the parties in May 2018, as part of the overall Master Frame Agreement. Odfjell said that the rig work will start after the completion of the current scope estimated to be in 1Q 2021.


Odfjell said that the commercial terms for the latest extension are materially the same as for the recently announced Johan Sverdrup Phase 2 contract award. To remind, the two companies signed a contract for the use of the rig on Equinor's Johan Sverdrup Phase 2 field development in November.

Under the terms in November, the contract for the use of the Deepsea Atlantic drilling rig on the Johan Sverdrup is for twelve firm wells plus five optional wells. This contract is set to begin in the first quarter of 2022. The approximate contract value for the 12 wells at Johan Sverdrup 2 is scope is up to $150 million.


On December 18, 2020, Equinor has received consent from the country’s offshore safety watchdog to use the Deepsea Atlantic rig on a well in the North Sea off Norway. The Petroleum Safety Authority (PSA) said that it has given Equinor its consent for exploration drilling and plugging and abandonment of well 21/11-1 S in the North Sea.

The prospect, named Stovegolvet, is located in production licence 785 S, where Equinor is the operator. The water depth at the site is 289 metres and operations are scheduled to last about 27 days. Drilling operations are scheduled to start at the beginning of February 2021. After completion of drilling and data collection, the main well will be permanently plugged.



On August 18, 2020, Equinor has exercised three new one-well options on its contract for Odfjell Drilling semisub Deepsea Atlantic. The wells have been exercised under the Continued Optionality mechanism in the contract entered into between the parties in May 2018, as part of the overall Master Frame Agreement. The work shall commence after the completion of the current scope estimated to be in Q4 2020. The commercial terms are materially the same as for the recently announced Johan Sverdrup Phase 2 letter of intent that is set to commence in Q1 2022.



Odfjell added that the commercial terms were materially the same as for the recently announced Johan Sverdrup Phase 2 letter of intent that would start in the first quarter of 2022. As for the letter of intent, Equinor hired the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development in Norway, following its work on phase 1.



The value of the fixed part of the agreement is estimated at around $150 million. The costs of integrated services, maintenance and options for drilling five extra wells are not included in the estimated value. The total contract value will depend on the efficiency of the well deliveries. The Johan Sverdrup licence partners are Equinor (operator), Lundin, Petoro, Aker BP and Total.



Johan Sverdrup phase 2 includes the construction of a subsea production system, reconstruction of the existing riser platform and a new processing platform, which will also accommodate a converter unit receiving power from shore. The phase 2 development will increase the field production capacity from 470,000 to 690,000 barrels per day on plateau.


The break-even price will be below $20 per barrel, making Johan Sverdrup a highly profitable field with a very low CO2 footprint. To remind, Equinor last week won regulatory approval to use the Deepsea Atlantic rig on the Gullfaks field in the North Sea, offshore Norway.


The Deepsea Atlantic, which will be used for the drilling, is a sixth-generation deepwater and harsh environment semi-submersible. This unit, along with sister rigs Deepsea Stavanger and Deepsea Aberdeen, is a dual derrick, dynamic-positioned unit of enhanced GVA 7500 design.


On July 07, 2020, Odfjell Drilling enters letter of intent for second phase of Johan Sverdrup with Deepsea Atlantic. Equinor has awarded a letter of intent with Odfjell Drilling for the drilling and completion of Sverdrup Phase 2 with Deepsea Atlantic. The letter of intent is subject to finalization of contract.


The contract is set to commence in Q1 2022

with a duration of twelve (12) firm wells plus five (5) optional wells. The approximate contract value for the firm scope is up to USD 150 million (excluding any integrated services, modifications/upgrades and mobilisation/demobilisation fees). In addition, a notable performance incentive rate will apply when wells are delivered ahead of target. The rate for the optional wells is at a premium to the firm wells.


Simen Lieungh, CEO Odfjell Drilling AS, says: “This contract award has come at an important time for Odfjell Drilling with the current challenges faced by the industry. We acknowledge Equinor for proceeding with long term developments such as Johan Sverdrup in this climate and we shall deliver on the trust they and the partners have placed in Odfjell Drilling.


We saw that our performance on Phase 1 of the Johan Sverdrup development in

2016 set a new benchmark for harsh environment drilling. Together with Equinor and its partners we intend to take the next step and set a new benchmark on the Johan Sverdrup Phase 2 wells. With the introduction of innovative solutions and a focus on sustainability the wells will be completed with minimum carbon footprint, minimum risk to personnel and ultimately at minimum cost for Equinor and its partners.



The Deepsea Atlantic is already on contract to Equinor and the company hopes to keep it fully occupied until Johan Sverdrup Phase 2 comes onstream at the end of 2022. The development also involves construction of a subsea production system, reconstruction of the existing riser platform and a new processing platform, which will in addition house a converter unit receiving power from shore.


The latter will distribute power to other fields on the Utsira High: Edvard Grieg, Ivar Aasen, Gina Krog and Sleipner. Sverdrup’s four existing platforms on the Johan Sverdrup field already receiving power from shore and collectively have CO2 emissions of 0.7 kg/bbl. Phase 2 will increase the field’s production capacity from 470,000 to 690,000 b/d at peak, with a break-even price below $20/bbl.


The rig has a state-of-the-art, highly efficient drilling system, which includes a dual derrick with a main and an auxiliary work centre to facilitate a number of simultaneous operations. The drilling system has dual active

heave compensating drawworks for increased performance, efficiency, safety and redundancy. The rig is designed for worldwide operation and will be especially suitable for development drilling. The rig meets the latest regulatory requirements of Norwegian NMD & PSA/UK HSE & NORSOK.On March 6, 2020, Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for drilling operations in the North Sea using the Deepsea Atlantic drilling rig. The PSA said that the consent applied to plugging, drilling, and completion of wells on the Tordis and Vigdis fields using the Deepsea Atlantic rig.



The fields are located in production license 089 where Equinor is the operator with a 41.5 percent stake. The remaining partners are Idemitsu Petroleum, Petoro, VÃ¥r Energi, and Wintershall Dea. According to the PSA, the start-up of the operations is scheduled for mid-March 2020 and the operations will last for 196 days. The contract will run until Sept 27, 2020.

Deepsea Atlantic is a sixth generation deepwater and harsh environment semi-submersible, designed for operations in harsh environments and at water depths of up to 3,000 meters. Equinor in December 2019 exercised three new well options for the Deepsea Atlantic.


The Norwegian Petroleum Directorate in September last year granted Equinor consent to use the facilities on the Tordis and Vigdis fields beyond the approved lifetime.

Tordis has secured consent until December 31, 2036, and Vigdis until December 31, 2040. This means that the facilities will operate for a total of 34 years longer than originally anticipated. Equinor is the operator of the fields, both of which are located in production license 089 in the Tampen area in the northern part of the North Sea. Statfjord, Snorre, and Gullfaks fields are the closest neighbors.

Tordis has produced since 1994, and a subsea multiphase pump was installed in 2007 to increase recovery from the field. Vigdis started producing in 1997, and the plan is to also install a subsea multiphase pump on this field in 2020.


On Dec 20, 2019, Equinor has exercised three new wells for Deepsea Atlantic. Furthermore, two additional wells are pending final approval by Equinor and its licensees. The wells have been exercised under the Continued Optionality mechanism in the Contract entered into between the parties in May 2018, as part of the overall Master Frame Agreement. The work shall commence after the completion of the current scope estimated to be in Q2 2020.



The approximate contract value for the firm scope is USD 45 million (excluding any integrated services). In addition, a performance bonus will be applicable.

Simen Lieungh, CEO Odfjell Drilling AS, says: “The Continued Optionality mechanism in the contract serves to provide a framework for the parties to continue a long term working relationship, and we believe that the extension is evidence of the importance of Deepsea Atlantic in Equinor’s drilling plans. We will continue to do our utmost to deliver safe and efficient operations to the benefit of both parties.
Vessel Name:       Deepsea Atlantic
Manager:             Odfjell Drilling
Ownership:          Odfjell Drilling (100%)
Type:                     Semi-submersible
Design:                 GVA 7500 (enhanced)
Construction Yard:       DSME South Korea
Classification:               DNV
Water Depth Capacity: 10000 ft;

Station Keeping: 8 x 2100 m chain, 84 mm R5
VDL (Moored):      7500 (6500) mt
Accomodation:      158 (128)
Derrick:      Dual 1000ton/500ton
Drawworks:      Dual AHD + Single AHD
Mud Pumps:      4 x 14-P-220, 7500psi
Top Drive:      HPS-1000
BOP (All 18-3/4�, 15K):      Cameron EVO 4 ram



Currently, the company has two sixth generation semi-submersibles in operation and one new-build under construction. Deepsea Aberdeen, together with Deepsea Atlantic and Deepsea Stavanger, offer industry-leading specifications. Each is of sixth generation GVA 7500 design and together they are the most modern and efficient dual derrick, dynamic-positioned, semi-submersibles in the market.


Odfjell Drilling’s sixth generation semi-submersibles have a high degree of logistical independence, ensuring that they are custom-built to deliver cost-effective operations in the world’s most challenging drilling environments, such as remote North Sea areas.

On May 25, 2018, Equinor has awarded Odfjell a contract for drilling two times three production wells for the Fram and Askeladd licences by using the Deepsea Atlantic rig. Odfjell has also been awarded a master framework agreement (MFA).


On May 25, 2018, Norway’s Odfjell Drilling signed a firm contract for its Deepsea Atlantic semi-submersible drilling rig with its neighbor oil company Equinor � formerly Statoil. The contract is for six firm wells with an estimated total duration of 18 months, scheduled to start in early first quarter 2019.


Deepsea Atlantic is a sixth generation deepwater and harsh environment semi-submersible capable of operating at water depths of up to 3,000 meters. According to Odfjell, the contract contains the option to continue operations for Equinor after the firm period, and such options will be based on market pricing.


The contract value is estimated to $160 million (including some third-party services, e.g. casing running services by Odfjell Well Services) plus potential income from the contract incentive model. Currently on contract with Equinor and its license partners, Deepsea Atlantic will complete a drilling programme for the Visund and Utgard licenses before it undergoes 10-year-classification.


First, the rig will drill three so-called dual multilateral wells on the Fram field. Each of these wells will have two branches radiating from the main wellbore. Then the rig will proceed to Askeladd to drill three production wells. The contract with Deepsea Atlantic is a confirmation of the letter of intent announced by Odfjell Drilling in April.


Odfjell has signed an important Master Frame Agreement for all the drilling units in the fleet, which will be the foundation for any future rig requirements which may be agreed between the parties.


Simen Lieungh, CEO Odfjell Drilling: “A long-term co-operation with Equinor is a key cornerstone in Odfjell Drilling’s long-term strategy for growth on the NCS. The Master Frame Agreement formalizes this co-operation and allows the parties to work closer in developing new technologies and new ways of working to achieve even more efficient operations.


“The drilling contract for Deepsea Atlantic is hopefully the first of many opportunities to be realized under the Master Frame Agreement. Odfjell Drilling looks forward to being a key contributor to Equinor’s ambitious targets for drilling on NCS.�


PÃ¥l Eitrheim, senior vice president for Procurements said the long-term agreement with standard terms will ensure more efficient procurement processes for future assignments with Odfjell. The established work programme is scheduled to start in January 2019, Equinor said.


Geir Tungesvik, senior vice president for

Drilling & Well: “We are very pleased to secure a rig that has recently completed an efficient campaign for us on the Johan Sverdrup field. We have cooperated with this contractor for a long time with good results. We expect the contract to provide up to 18 months of work before we move to the framework agreement, aiming to find new assignments for the rig on a continuous basis. This is a performance-based contract aiming to promote safe and efficient operations, and it includes an incentive to reduce CO2 emissions.


Vessel Name:              Deepsea Atlantic;       

Owner:                        Odfjell Drilling;            

Rig manager:              Odfjell Drilling;            

Type:                            Semisubmersible Rig;            

Design category:         Semi-6th gen-DP;      

Full design name:        GVA 7500-N;             

 

IMO:                            8769042;        

Class:                          DNV GL;        

Constructed at:           DSME;           

Year in SVC:               2009;  

Latest upgrade:           ----;     

Competitive:                Yes;    

SPS due date:             06.02.2019;

 


Station keeping:                                 

DP:                                DP3;   

Moored:                       Yes;    

Thruster Assist:           No;     

 

Contract status:                                  

Status:                         Drilling;           


Operator:                     Equinor;          

Country:                      Norway;         

Region:                        North Sea/Barents;    

Day rate:                      296000;          

Next available:            ----;                 

Available until:             ----;     

Backlog:                      151148000;    

Value: Value ($m):       ----;     

 


1) Contract detail:                              

Country:                      Norway;         

Day rate:                     280 000;         

Start date:                   15.02.2022;    

End date:                     15.08.2023;    

Operator:                     Equinor;          

Location:                     ----;     

Number of wells:         12;      

Variable rate:               No;     

Water depth:                ----;    

Work type:                  Development Drilling;            

Duration (days):          546;    

Comment:                   LOI signed for 12 firm wells (duration of around...;   

 


2) Contract detail:                              

Country:                      Norway;         

Day rate:                     280 000;         

Start date:                   28.03.2021;

End date:                     11.07.2021;    

Operator:                     Equinor;          

Location:                     ----;     

Number of wells:         02;      

Variable rate:               No;     

Water depth:               ----;     

Work type:                  Exploration Drilling;    

Duration (days):          106;    

Comment:                   Two-well option exercised.;

 


3) Contract detail:                              

Country:                      Norway;         

Day rate:                     280 000;         

Start date:                   28.12.2020;    

End date:                     27.03.2021;    

Operator:                     Equinor;          

Location:                     ----;     

Number of wells:         03;      

Variable rate:               No;     

Water depth:               ----;     

Work type:                  Development Drilling;            

Duration (days):          90;      

Comment:                   Three-well option exercised.; 

 


4) Contract detail:                              

Country:                      Norway;         

Day rate:                     300 000;         

Start date:                   03.06.2020;    

End date:                     29.11.2020;    

Operator:                     Equinor;          

Location:                     ----;     

Number of wells:         3;        

Variable rate:               No;     

Water depth:               ----;     

Work type:                  Development Drilling;            

Duration (days):          179;    

Comment:                   Contract value $45 million. Under the frame agr...;  

 


5) Contract detail:                              

Country:                      Norway;         

Day rate:                     296 000;         

Start date:                   02.02.2019;    

End date:                     02.06.2020;    

Operator:                     Equinor;          

Location:                     Fram and Askeladd licences;            

Number of wells:         6;        

Variable rate:               No;     

Water depth:               ----;     

Work type:                  Development Drilling;            

Duration (days):          486;    

Comment:                   Plus additional performance bonuses on dayrate....;

 


6) Contract detail:                              

Country:                      Norway;         

Day rate:                     295 000;         

Start date:                   01.03.2016;    

End date:                     01.02.2019;    

Operator:                     Equinor;          

Location:                     ----;     

Number of wells:         ----;     

Variable rate:               No;     

Water depth:               ----;     

Work type:                  Development Drilling;            

Duration (days):          1 067;

Comment:                   Options through 2020.;

 


Vessel Name: DEEPSEA ATLANTIC
IMO: 8769042
Vessel Type - Semisubmersible Rig
Status: Active
MMSI: 310766000
Call Sign: ZCEV5
Flag: Bermuda [BM]
Gross Tonnage: 42766 t
Summer DWT: 40000 t
Length Overall x Breadth Extreme: 118.6 x 78.08 m
Year Built: 2009


Voyage Information:
NO AGO (AAGOTNES): ATD: 2019-01-20 00:36 LT (UTC +1)---------->---------->---------->BLOKK: 34/10 GULLFAK: Reported ETA Received 2021-01-03 14:23 UTC

Reported ETA: 2021-03-21 12:34 LT

Reported Destination: BLOKK: 34/10 GULLFAK

Reported ETA: 2020-12-02 08:00 LT
Reported Destination: BLOKK: 34/10 GULLFAK

Draught (Reported/Max): 25 m / ----
Speed recorded (Max / Average): 5.3 knots / 5.1 knots

Reported Destination and ETA Received 2021-01-04 18:11 UTC


Position:
Position Received: 2021-01-04 18:26 UTC 9 minutes ago
Vessel's Local Time: 2021-01-04 18:26 LT UTC
Area: UKC - North Sea
Current Port: -
Latitude / Longitude: 61.09668° / 2.191745°
Status: At Anchor
Speed/Course: 0 kn / -
AIS Source: 1775 AIS Almere

Weather:
Wind: 10 knots
Wind direction: NE (43°)
Air Temperature: 6°C


DEEPSEA ATLANTIC (IMO: 8769042) is a Platform that was built in 2009 (11 years ago) and is sailing under the flag of Bermuda.
It’s carrying capacity is 40000 t DWT and her current draught is reported to be 25 meters. Her length overall (LOA) is 118.6 meters and her width is 96.7 meters.

Ex Names History:
Flag:    Norway (NO)    
Vessel Name: DEEPSEA ATLANTIC    
Last Reported: 2013-10-12 UTC