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On December 2, 2017, an incident resulting in a single fatality occurred during pipe handling operations onboard the Petrobras 10000 Drillship (PBS 10k). Petrobras Internacional Braspetro B.V. (PIB-BV) was the majority owner of the PBS 10k. Petrobras Americas International (PAI), a subsidiary of PIB-BV, contracted Transocean Offshore Deepwater Drilling, Inc. (TODDI) to manage the PBS 10k during the time of the incident occurring on December 2, 2017.
The PBS 10k was located approximately 240 miles southwest of New Orleans, Louisiana, in the Walker Ridge Area (WR), Block 469 in the Gulf of Mexico (GOM). The drillship was positioned in a safe zone in WR Block 469 (WR 469) while repairs were being performed on the Subsea Blowout Preventer (SBOP) system. The drillship was not connected to the seafloor, as the subject repairs were being performed prior to initiating future wellbore operations. While the SBOP repair work was being performed, the drill crew proactively performed offline operations to prepare for future well work. This included picking up and racking back drill pipe (DP) on the auxiliary drill floor. At approximately 4:40 a.m., a floorhand sustained fatal injuries when he was pinned between the Pipe Handling Catwalk Machine’s (PHCM) skate loading platform arm and a stanchion post on the auxiliary drill floor. The incident occurred near the end of a 12-hour shift on the first day back to the drillship after the crew had been off for 21 days.
The PHCM utilized a skate (which moved along on a track) to transfer DP from the catwalk to the auxiliary well center. The skate’s design included loading platform arms that extruded from the body of the skate and were engineered to support tubulars, such as DP. The stanchion post was located on the port side of the skate from which there was approximately a three-inch clearance between the post and the skate’s loading platform arms when aligned in the position it was in at the time of the incident.
At the time of the incident, the top drive and PHCM were simultaneously being used to pick up the DP. The victim and another floorhand were in a location away from the auxiliary well center, close to the stanchion post. The elevators were latched to the box end of the DP near the auxiliary well center and the driller had begun raising the DP with the top drive. At this point, the victim was facing away from the equipment being used and pulling on a cable anchored to the stanchion post in the yellow zone on the port side of the skate, seemingly stretching. While the driller lifted the DP, the skate operator used a remote control to retract the skate away from the auxiliary well center. When the loading platform arm passed by the post, it pinned the victim into the approximate three-inch clearance. The skate operator observed the victim pinned, and reversed the skate back toward the well center, releasing the victim from between the loading platform arm and the post. The victim fell to the floor.
Personnel quickly responded to the incident and contacted the onsite medic, who responded to the drill floor. The victim was transferred to the medic’s office, where he received treatment while the emergency Search and Rescue (SAR) helicopter traveled toward the drillship. The victim was pronounced dead shortly after arrival of the SAR provider.
The Bureau of Safety and Environmental Enforcement (BSEE) conducted a Panel Investigation into the victim’s death and the causal factors that led to the incident. The panel consisted of professionals from both BSEE and the U.S. Coast Guard (USCG).
The panel traveled to the PBS 10k drillship, conducted interviews and reviewed documents. Based on the investigation, the panel concluded that the fatal incident was the result of the victim being located in a pinch point area when the skate was moving away from well center and being pinned between the stanchion post and skate’s loading platform arm.
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Valaris Limited announced new contracts awarded subsequent to issuing the Company’s most recent fleet status report on February 21, 2023. Three-year contract with Petrobras for drillship VALARIS DS-8. The rig will be reactivated for this contract. The total contract value is approximately $500 million, including a $30 million mobilization fee. 100-day contract with a TotalEnergies affiliate for drillship VALARIS DS-12. The contract is expected to commence in second quarter 2023. 70-day contract with Beach Energy offshore New Zealand for heavy duty modern jackup VALARIS 107. The contract is expected to commence in third quarter 2023. The total contract value is approximately $26 million. President and Chief Executive Officer Anton Dibowitz said, “We are particularly pleased to have secured the award for preservation stacked drillship VALARIS DS-8, for a contract that is expected to generate a meaningful return over the firm contract term, and we remain focused on exercising our operational leverage in a disciplined manner. This most recent award represents the sixth contract awarded to one of our high-quality stacked floaters since mid-2021, and speaks volumes about our demonstrated track record of project execution when reactivating rigs.” Dibowitz added, “Following the reactivation of VALARIS DS-17 and DS-8, we will have ten floaters working across the golden triangle, including four drillships in Brazil, a market where we expect to see continued growth over the next several years.” Updated Guidance As a result of the contract awarded to VALARIS DS-8, which will require the rig to be reactivated from preservation stack, we are updating our first quarter 2023 and full-year 2023 guidance provided on our fourth quarter 2022 conference call on February 21, 2023. First Quarter 2023 Contract drilling expense is expected to increase by approximately $5 million to $385 million to $395 million. Adjusted EBITDA is expected to decrease by approximately $5 million to negative $5 million to breakeven. Adjusted EBITDAR, which adds back one-time reactivation expense, is expected to be $25 million to $30 million, unchanged from the guidance provided on our fourth quarter 2022 conference call. Full-Year 2023 Revenues are anticipated to be $1.8 billion to $1.9 billion, unchanged from the guidance provided on our fourth quarter 2022 conference call. Contract drilling expense is expected to increase by approximately $60 million to $1.49 billion to $1.59 billion. Adjusted EBITDA is expected to decrease by approximately $60 million to $180 million to $220 million. Adjusted EBITDAR, which adds back one-time reactivation expense, is expected to be $280 million to $320 million, unchanged from the guidance provided on our fourth quarter 2022 conference call. Capital expenditures are expected to increase by $60 million to $320 million to $360 million. Source: Valaris Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here
Seadrill Limited announced that the West Neptune has executed approximately six months of term extensions with LLOG Exploration Offshore, L.L.C in the US Gulf of Mexico. The extensions will commence in direct continuation of the existing term, and will keep the rig busy until Q3 2024, furthering Seadrill and LLOG’s long-term association. Total contract value for the extension is approximately $79 million. Source: Seadrill Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here
Semisub rig owner Dolphin Drilling has inked a new contract with Peak Petroleum in Nigeria for its 1974-built Blackford Dolphin. The firm contract, which follows the letter of award in January, gives the Euronext Growth-listed owner of three rigs the potential to extend the unit’s backlog by a minimum of 120 days and up to 485 days. The deal adds to and will be a direct continuation of the previously announced 12-month contract with General Hydrocarbon Limited (GHL). Øystein Stray Spetalen-backed company said the effective dayrate associated with the minimum firm period of the contract is $325,000, including the mobilisation fee. “The final award of the contract for Blackford Dolphin shows the opportunities in Nigeria at a strong dayrate, in addition to building on the backlog for the rig. It also underlines the attractiveness of our assets, and we look forward to returning to revenue-generating operations in 2023,” noted Bjørnar Iversen, CEO of Dolphin Drilling. Source: Dolphin Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here
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