Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Thean who wrote (7779)	1/12/1998 9:46:00 PM
From: Big Dog	Read Replies (2) of 95453

A few news bits... The Rigmar 151 was the rig that sank while being towed to the US Gulf from Brazil. It was owned by TransTexas (whoever that is). The rig sank off Grand Cayman in 1900-ft of water. This was an old peice of sh** rig. I was on board it in about 1989 and it was in bad shape then. But for us, this is good news...one less rig in the world. MDCO's MARINE 700 hull has arrived at FGII's yard in Pascagoula after transit from Norway. MDCO had a blowout while drilling for Hall Houston with jackup MARINE 15 in about 75 ft of water. Rig evacuated, well control operations underway, no injuries. NE jackup LEONARD JONES to move out this month for a contract with UMC Petroleum. The rig is at FGII's yard in MS. This will be the first work for this rig since 1989. RIG is not exiting the international turnkey business. They are able to get multi-well deals to offset risk in intl areas.

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