In its fleet status report issued this week the company has said it is preparing the rig for cold stacking, meaning the rig will be idled, crew let go, and all the hatches welded, cutting the costs to a minimum.
[pdf] The current status of the rig fleet is illustrated below: The idle Borgland Dolphin remains a financial drag, incurring daily operating expenses of USD 26,000 while generating no revenue. Management continues to actively market this rig from its current location in Las Palmas.
[pdf] Deepwater Horizon was a fifth-generation, RBS-8D design (i.e. model type), deepwater, , column-stabilized, semi-submersible , designed to drill wells for oil explorati. .
Deepwater Horizon was built for R&B Falcon (which later became part of ) by in , South Korea. Construction started in December 1998, the was laid on 21 March 200. .
At 7:45 p.m. on 20 April 2010, during the final phases of drilling the exploratory well off the gulf of Mexico, a geyser of seawater erupted from the onto the rig, shooting 70 metres (230 ft) into the air. This wa. .
Transocean received an early partial insurance settlement for total loss of the Deepwater Horizon of US$401 million about 5 May 2010. noted that the insurance recovery was likely to be more than t.
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