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home / news releases / SDRL - Seadrill's New Drillship Contract Scores Dayrate Above $200000


SDRL - Seadrill's New Drillship Contract Scores Dayrate Above $200000

Seadrill (SDRL) has just announced that it got a one-year contract for drillship West Neptune from LLOG. The rig will start drilling in the U.S. Gulf of Mexico in December 2019. Seadrill reported that total contract value is expected to be approximately $74 million, calculating to a dayrate of $202,000. Finally, we see a drillship fixture above $200,000!

Currently, West Neptune is working for LLOG in the Gulf of Mexico at a dayrate of $155,000. Thus, the rig is getting a boost of roughly $50,000 for the next year. As the contract comes

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Stock Information

Company Name: Seadrill Limited
Stock Symbol: SDRL
Market: NYSE
Website: www.seadrill.com

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