RDC - Ensco February 2019 Fleet Status Report Analysis
Ensco (ESV) has recently presented its new fleet status report which comes at a time when both Rowan (RDC) and Ensco shareholders have approved the merger between two companies. Let's look at the material news on the contract front.
Floaters
- Semi-sub Ensco 8503 received a new contract from Apache (APA) in the U.S. Gulf of Mexico. The rig will work from June 2019 to August 2019. The dayrate is not revealed in the fleet status report, but Bassoe Offshore estimates that it is $155,000.
- Drillship Ensco DS-7 will work in Egypt