Vantage Drilling's Offshore Fleet

Anonymous

can you get me all the details you have on Vantage Drilling's offshore fleet ?

Equity Research Analyst by beatandraise.com logo
Equity Research Analyst by beatandraise.com

Vantage Drilling International, as of August 1, 2023, operates a diverse offshore drilling fleet comprising owned and third-party owned rigs. The details of their fleet are as follows:

Owned Rigs:

  1. Jackups:

    • Topaz Driller: Built in 2009, it can operate in water depths up to 375 feet and has a drilling depth capacity of 30,000 feet. As of the report, it was mobilizing in high seas.
    • Soehanah: Constructed in 2007, this rig also operates in water depths up to 375 feet with a drilling depth capacity of 30,000 feet. It was operating in Indonesia.
  2. Drillships:

    • Platinum Explorer: This drillship, built in 2010, can operate in ultra-deepwater up to 12,000 feet and has a drilling depth capacity of 40,000 feet. It was operating in India.
    • Tungsten Explorer: Built in 2013, similar to Platinum Explorer in capabilities, was operating in Namibia.

Third Party Owned Rigs:

  1. Drillships:

    • Polaris: Constructed in 2008, operating in water depths up to 10,000 feet and a drilling depth of 37,500 feet. It was operating in India.
    • Capella: Also built in 2008, with the same operational capabilities as Polaris, was operating in Indonesia.
  2. Jackups:

    • Emerald Driller: Built in 2008, this rig operates in water depths up to 375 feet and has a drilling depth of 30,000 feet. It was operating in Qatar.
    • Sapphire Driller: A 2009-built rig with similar capabilities to Emerald Driller, also operating in Qatar.
    • Aquamarine Driller: Similar to the other two jackups, built in 2009 and operating in Qatar.

Vantage Drilling International's primary business involves contracting these drilling units, along with necessary equipment and work crews, primarily on a dayrate basis to drill oil and natural gas wells globally. They cater to major, national, and independent oil and gas companies. In addition, they provide marketing, operation, and management services for third-party-owned drilling units.