Santa Fe Drilling's Seven Offshore Rigs To Cost $350 Million
The contract oil and gas well drilling industry is enjoying an unprecedented boom, both on land and offshore, around the world.
New construction of drilling units is announced almost daily. The ability of drilling contractors to order offshore drilling units is often limited by the availability of construction slots in shipyards that build rigs.
The reasons for the boom in drilling appear to be t w o f o l d.
First, of course, is the higher price of crude oil on a worldwide basis. But this does not fully explain the story. The second reason is a compelling political drive by the producing countries—and the third world nations — to define their ultimate reserves regardless of the near-term market for their oil.
As this assessment may take 10 years or more, the drilling contractors have been quite aggressive in ordering new rig construction.
Some companies are building on speculation; others order new rigs only after they have been committed.
The construction activities at Santa Fe Drilling Company, headquartered in Orange, Calif., are probably typical of the industry.
New construction by Santa Fe is unusual only in the diversity of equipment being ordered.
When Santa Fe Rig 124 (photo) went to work for Arco-Indonesia in the Java Sea earlier this year, it marked the first of eight new mobile offshore d r i l l i n g units scheduled to go into operation for the company in the early 1980s.
Santa Fe has seven other marine units either on order or undergoing conversion, at a cost in excess of $350 million. (An additional 13 land rigs are on order at a cost of $92 million, making the grand total $442 million.) When this phase of construction activity is completed, Santa Fe will be operating 34 marine units and 74 land rigs, for a total of 108 drilling units. Most of these rigs are working overseas in 15 different nations, primarily in Venezuela, the Middle East, the North Sea, Africa and Southeast Asia. Santa Fe's domestic operations are in Texas and Louisiana.
Now in design or under construction for Santa Fe are three large semisubmersibles, a trio of three-leg jackups similar to Rig 124, and a swamp barge. Here is a breakdown: Rig 130. This semisubmersible is the f o r m e r Choctaw I, the world's first twin-hull, columnstabilized pipelaying and derrick barge. It was built in 1969 and performed c o n s t r u c t i o n work from Australia to the North Sea for 11 years for Santa Fe Engineering & Construction Company, a sister company to Santa Fe Drilling. The barge is presently undergoing c o n v e r s i o n at the Avondale shipyard near New Orleans.
Upon completion in August, Rig 130 will begin a two-year drilling contract for Cities Service.
Rigs 135 and 140. These large, all-weather semisubmersibles will be modified versions of the Enhanced Pacesetter series designed by the marine architectural firm of Friede and Goldman of New Orleans. They will be capable of operating in such hostile environments as the Gulf of Alaska and north of the 62nd parallel in the North Sea. Both are being built in South Korea by Daewoo Shipbuilding & Heavy Machinery Ltd.
at its Okpo Island shipyard near Pusan. Rig 135 will be delivered in November 1982 and Rig 140 the f o l l o w i n g March. Both of these $80-million units are committed for work.
Rigs 127, 134, and 136. These three jackups, under construction at China Shipbuilding Company, Kaohsiung, Taiwan, are sched scheduled for completion in April 1983, December 1983, and June 1985.
They are committed to work initially for Arco, Union Oil, and Gulf of Suez Petroleum Co., an affiliate of Standard Oil Co. (Indiana).
They, like Rig 124, are modified versions of the L-780 series c a n t i l e v e r e d jackups designed by Friede and Goldman.
They are capable of drilling in 250 feet of water to depths 20,- 000 feet below the seabed.
Rig 132. This unit will go to work this summer as a swamp barge in the Orinoco Delta of Venezuela. Rig 132 is the former Santa Fe launch barge Shawnee.
It is being renamed the Orinoco I, and is committed for three years to the Venezuelan oil company Lagoven.
The seven marine units and 13 land rigs being built f o r Santa Fe Drilling are being designed and rigged up by Santa Fe Engineering Services Company, another sister company. In addition, this Engineering Services group is designing and rigging up 11 other drilling rigs for outside clients.
Nine are land units for two Ven- ezuelan oil companies. A Britishbased affiliate, Taywood-Santa Fe Ltd., is designing and building two fixed-platform rigs for Gas Council (Exploration) Ltd., a subsidiary of British Gas Corporation.
These fixed platform rigs will be operated by a joint venture, Taywood-Santa Fe Drilling Ltd.
James C. Thrane, vice president and manager of capital projects at Santa Fe Engineering Services Company, said his design and construction people are as busy now as they have ever been.
Other stories from April 1981 issue
- A d d i t i o n s To T i d e w a t er Fleet V a l u e d At M o re T h a n $ 5 0 M i l l i on page: 4
- United States Cruises Acquires Title To SS 'United States' page: 4
- Improved Controllability Topic At Chesapeake Section Meeting page: 5
- 1981 RTCM ASSEMBLY page: 6
- Donald Caldera Named Senior VP-Marketing For Midland Affiliated page: 7
- ASNE Day 1981 Scheduled For April 30-May 1 In Washington page: 8
- MarAd Study Details 'Multiplier Effect' Of U.S.-Flag Merchant Fleet page: 9
- Long Beach Terminal Orders Two Additional Transtainer Cranes page: 9
- New Scanning Pyrometer For Diesel Temperatures —Literature Available page: 10
- Pisani Named Head Of MarAd's Port And Intermodal Office page: 10
- Delta Line Appoints World Shipping As Midwest Agents page: 10
- Gulf Fleet Marine Will Add 19 New Vessels At Total Cost Of $50 Million page: 11
- Marine Industries Corp. Will Market NABRICO Products In St. Louis page: 12
- American Aero To Build New Facility That Will Double Current Capacity page: 12
- Twin EMD Diesels Power Newest Turecamo Tug Built By Matton page: 12
- New Cruise Line Features Yacht-Like Luxury Ships page: 12
- Naikai Zosen Delivers Versatile Cargo Ship For Philippines page: 14
- Chesapeake Shipbuilding Constructing Third Vessel For American Cruise Lines page: 14
- Watts Named President And Chief Operating Officer Of Solus Ocean Systems page: 14
- Levingston Launches Jackup Drilling Rig For Dixilyn-Field page: 14
- Hampton Roads SNAME Hears Paper On Shipboard Piping page: 14
- Halter Delivers Tug/Supply Boat To D.F. Levy Marine page: 15
- Consortium To Offer New Container Service Between Canada And Europe page: 16
- District Engineer James Ton Gets Philadelphia SAME Award page: 16
- Ship Structure Committee Offers Three Free Technical Reports page: 16
- New Drydock Doubles Capacity At Newport News Shipbuilding page: 16
- Fuel Utilization Seminar And Exposition Scheduled For Baltimore Sept. 1-4 page: 17
- Enclosed Lifeboats Serve As Escape Craft For Offshore Oil Platforms page: 17
- New Tube-Cleaning Unit Announced By Goodway —Literature Available page: 18
- William Turner Named Vice President For Ryan-Walsh Stevedoring page: 18
- IHI Delivers Suction Dredge And Tug To Mexican Government page: 18
- Los Angeles SNAME Discusses Liquid Level Gauging By Radar page: 18
- New Cummins Brochure Describes K Series Of Marine Diesel Engines page: 19
- American President Lines To Test Feasibility Of 45-Foot Cargo Containers page: 19
- NOR-SHIPPING '81 page: 20
- New Supply/Fire-Fighting Vessel Delivered To Gulf Fleet Marine page: 20
- NAVIGATION & COMMUNICATIONS EQUIPMENT A Review page: 22
- Liquefied Gas Minicarrier Delivered By Moss Verft page: 23
- Hayward Offers New Line Of Valve Operating Stands —Literature Available page: 24
- Automatic Logging System Developed By NMS— Literature Available page: 24
- Neorion Yard Expands Its Gritblasting And Coating Facilities page: 25
- $5-Million Contract Awarded By South Jersey Port Corporation page: 26
- J.J. McCarthy Appointed Director Of Sales At Waukesha Engine Division page: 27
- Curry Named VP And Ritch Secretary Of Ogden Corporation page: 27
- Fraser Shipyard Will Convert Three U.S. Steel Ore Boats To Self-Unloaders page: 28
- Tracor Introduces New Satellite Navigator —Literature Available page: 29
- Gems Offers Explosion- Proof Junction Boxes —Literature Available page: 30
- B&W-Powered Bulk Carrier Delivered By Hitachi Zosen page: 32
- Barges Carried Some 40 Percent Of U.S. Grain Exported In 1980 page: 33
- Floating Desalination Plant Ordered From Krupp By Abu Dhabi page: 34
- Tacoma Boat Had Record Year In 1980—Backlog Is More Than $300 Million page: 34
- S N A M E N e w E n g l a nd S e c t i o n Hears Paper On Thrust B e a r i n gs page: 38
- & K To B u i l d Split H u l l H o p p e r Dredge For H e i n r i c h Hirdes page: 38
- Santa Fe Drilling's Seven Offshore Rigs To Cost $350 Million page: 40
- Brent Christens Cummins-Powered Towboat 'Melinda Brent# page: 42
- Corpus Christi Gets Its First Floating Drydock page: 44
- GM-Powered Towboat 'Trotter' Delivered By Hudson Shipbuilders page: 46
- Marinette Launches Another Berthing Barge For U.S. Navy page: 46
- Mare Island Naval Shipyard Elects New NCAA Officers page: 46
- Hellenic Lines To Convert Four Cargo Ships To Container Vessels page: 48
- Standard 35,000-dwt Bulk Carrier Developed By Japan's Nippon Kokan page: 48
- Choctaw Asks Title XI For Rig Reconstruction To Cost $86 Million page: 48
- OTC 81 page: 49
- VPA Draws Plans For 25-Million-Ton Coal Exporting Facility page: 51
- ASNE Delaware Valley Chapter Hears Report On Delaware River page: 51
- Holland-America Selects Sulzer Diesel Engines For Its Two Cruise Ships page: 51
- Promet Private Launches Jackup Drilling Rig For Sedco page: 52
- SNAME New York Section Honors William J. Dormari page: 52
- Marathon LeTourneau, C-E And Sea Tank Form New Company page: 53
- Broughton Rig Commissioned At Bethlehem's Beaumont Yard page: 54
- Mangone Swiftships Delivers Pocket Tanker To Sun Transport page: 54
- Long Beach-Los Angeles ASNE Elects New Officers page: 54
- New Catalog Describes Coppus Engineering's Turbine Generator Sets page: 55
- Big Car Carrier 'Glorious Ace' Completed By Hitachi Zosen page: 56
- HUDSHIP Delivers Twin Supply Vessels To Gray Mackenzie page: 56
- Lykes President W.J. Amoss Receives American Legion Merchant Marine Award page: 70
- IME Eastern U.S.A. Branch Hears Paper On Fuel Treatment page: 70
- Ridgon And Almerico Named Managers At Gulf Fleet Marine page: 86
- Bailey Delivers Two 60-Ton Water Chilling Units To Navy page: 86
- Canadian Pacific To Buy One-Third Share In Dart Containerline page: 86
- New Brochure On Arc Welding Available From Westinghouse Electric page: 88
- Brown And Symon Named To Board Of Liberian Shipowners' Council page: 89
- Honeywell ELAC Introduces Survey/Sediment Sounder —Literature Available page: 89
- HUDSHIP's First 85-Foot Towboat Delivered To Energy Transport page: 90
- Advanced Marine Enterprises Announces Corporate Changes And Move To New Facilities page: 92
- Zapata Marine Service Announces Assignments In Its Marketing Group page: 95
- New Brochure Describes History And Products Of Sulzer Bros., Inc. page: 95
- Denyer Succeeds Nelson As Managing Director Of Butterworth Systems (UK) page: 96
- Advanced Studies Center Dedicated At Maine Maritime Academy page: 96
- Literature Available On Pourable Resin Chocking For Stern Tube Assembly page: 96
- New Customer Support Organization Implemented By Honeywell Marine page: 97
- Paul Hall Named First Posthumous Recipient Of AOTOS Award page: 98
- American Commercial Asks Title XI On Towboats And Barges To Cost $84 Million page: 98
- Wheeler Named U.S. Agent For Royal Schelde's Repair Yard At Vlissingen page: 99
- Promet Private Launches Jackup r For The Offshore Comrp an7y page: 100
- Hitachi Zosen Delivers Bulk Carrier For Norwegian Owner page: 100
- New Protective Fender For Offshore Structures Developed By Seaward page: 101
- Proceedings Of 1980 REAPS Symposium Now Available page: 101
- David Porter Elected Vice President Of Childs Engineering page: 103
- Institute Marks 25 Years Of Containerized Shipping page: 103
- New Pipe Freezing Kit Saves Time And Money —Literature Available page: 103
- Soviet Union Orders Nine ACVs From Wartsila Helsinki Yard page: 106
- Richard Davis Named Director Of Service At Waukesha Engine page: 107
- Dome Will Employ Japanese Technology In New Shipyard page: 110
- Wayne Harper Named Sales Engineer For Delta Shipyard page: 110
- Isdahl And Sotir Named Senior Vice Presidents At Royal Viking Line page: 111
- Port Of Los Angeles Approves Major Coal Terminal Concept page: 112
- Webb Institute Receives $25,000 Grant From The Teagle Foundation page: 112