Rowan to re-enter Blackbeard prospect

Rowan Companies has entered into a multi-well contract with McMoRan Oil & Gas that includes re-entering the Blackbeard prospect.

Offshore Staff

HOUSTON -- Rowan Companies has entered into a multi-well contract with McMoRan Oil & Gas that includes re-entering the Blackbeard prospect.

The initial Blackbeard well was drilled to a depth of just over 30,000 ft (9,144 m) during 2005-2006 by Rowan's jackupScooter Yeargain.

Meanwhile, Rowan's jackupBob Palmer is undergoing final preparations for its assignment on BP's Eldorado prospect. The rig will be drilling one or more wells targeting a depth of at least 28,000 ft (8,534 ft).

02/12/2008

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