Transocean, an offshore drilling contractor, announced this week that its 8th generation Deep Water Titan drillship has completed dry docking in Singapore.
The Deepwater Titan is Transocean’s first 20,000 psi ultra-deep sea drillship and, when delivered, will be used by Chevron in the Gulf of Mexico, USA.
Transocean shared the milestone of dry docking completion with a photo of the drillship via social media. “Transocean, Sembcorp Marine Ltd and Chevron are exhibiting great teamwork celebrating the completion of Deep Water Titan Dry Docking in Singapore. The next stage of the project will bring this beautiful new 8th generation drillship to the sea. I’ll send it out. It’s a great job. Team! “
Transocean has previously stated that it will be the first company to own Deepwater Titan, an ultra-deepwater floater capable of operating at 20,000 psi.
The offshore drilling company ordered two rigs from Sembcorp Marine’s Jurong Shipyard in 2014, eventually naming them Deepwater Titan and Deepwater Atlas, and plans to deliver the rigs in the second quarter of 2017 and the first quarter of 2018, respectively.
After several delays, the company announced on December 31, 2018 that it had signed a five-year drilling contract with Chevron, now known as Deep Water Titan, for a rig design and construction management contract.
The contract required a major upgrade of the rig, including two blowout preventers of £ 20,000 per square inch. National Oilwell Varco (Now simply known as NOVIn 2019, we sold two 20,000 psi (20K) blowout preventer (BOP) stacks to Transocean. At that time, it was scheduled to be deployed in the Gulf of Mexico in 2021.
And in fact, Deepwater Titan was expected to start working for Chevron in 2021 with a $ 455,000 daily transaction. In July 2020, Transocean said the rig would begin drilling chevron in the fourth quarter of 2021.
In June 2021, Sembcorp Marine and Transocean agreed to revise the delivery dates for the two ultra-deep sea drillships in light of the disruption in work caused by the COVID-19 pandemic.
Titan’s launch date has been delayed several times again in the first half of 2022 and the second half of 2022, and with the latest fleet status updates, Deep Water Titan is now scheduled to debut in the Gulf of Mexico, USA. First quarter of 2023. The rig will remain in Chevron until the first quarter of 2028.
Deep Water Atlas
Transocean signed a contract last year for Titan’s sister rig, Deep Water Atlas. It was Beacon Offshore Energy for drilling at the Shenandoor Project in the Gulf of Mexico, USA.
This drillship also gets 20,000 psi BOP.
The Deep Water Atlas is expected to begin operations in the fourth quarter of 2022. Transocean said last year that the rig would initially use a double blowout preventer (“BOP”) rated at 15,000 psi.
The Shenandoah program consists of two phases. The initial drilling program lasts approximately 255 days and is expected to generate approximately $ 80 million in contract drilling revenue. After the initial drilling program is completed, 20,000 psi BOP will be attached to the rig.
Following the installation of the 20,000 psi BOP, Deepwater Atlas will begin the second phase of the project, the well completion program. This phase will last for approximately 275 days and is expected to contribute approximately $ 125 million in contract drilling revenue.
https://www.oedigital.com/news/494372-transocean-s-8th-gen-deepwater-titan-drillship-completes-drydocking-in-singapore Transocean 8th Generation Deep Sea Titan Drillship