IS THERE A GOLDEN OPPORTUNITY FOR JACK-UPS - Aquaterra Energy

IS THERE A GOLDEN OPPORTUNITY FOR JACK-UPS

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As oil prices continue to stabilise, operators are looking for the most efficient drilling and intervention methods to keep their downturn inspired cost savings in place.
Jack-up rigs have long been known as the cheaper alternative to their floating cousins; semi-submersible (semi-sub) rigs or drilling vessels. However, the real operational benefits of the rig’s fixed feet design have often been overlooked, when being used for subsea operations.

So, when would a jack-up be the right way to go? This article discusses the benefits of jack-up rigs and how the primary advantages of using them go beyond just cost.


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