Pacific Drilling (PACD) has just reported its fourth-quarter results and provided an updated fleet status report, which is especially interesting to evaluate given our recent discussions in the comments sections of offshore drilling - related articles regarding the mobilization of stacked drillship Pacific Meltem. Let’s start with the fleet status changes.
Fleet status report
- Drillship Pacific Sharav got a new job from Murphy Oil (MUR) in Mexico. The rig will be employed from November 2020 to February 2021 at a dayrate of $230,000. This contract has one option well. Currently,