Atwood to drill six wells offshore Equatorial Guinea

Sept. 30, 2009
Hess Equatorial Guinea has awarded Atwood Oceanics Pacific a contract for a six-well drilling program offshore Equatorial Guinea using the jackup Atwood Beacon.

Offshore staff

HOUSTON -- Hess Equatorial Guinea has awarded Atwood Oceanics Pacific a contract for a six-well drilling program offshore Equatorial Guinea using the jackup Atwood Beacon. The contract has options to extend the drilling program by six more wells.

The contract has an operating day rate of $110,000 for all firm and optional wells, plus a mobilization fee of $950,000. In anticipation of the contract, the rig has been moved from India to Singapore. It is currently being loaded on a dry transport vessel for mobilization to Equatorial Guinea, which will take 30 days.

09/30/2009