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Toby Shute
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Covered the energy sector for Fool.com from May 2007 to February 2011. Also spent part of that time as a research analyst on Motley Fool Special Ops, a special situations-focused newsletter and real-money portfolio service. Now consulting for a value-oriented investment firm based in Texas.
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Article Archive at Fool.com
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The Hidden Cleantech Revolution: Five Priorities for Securing America’s Energy Future Without Breaking the Bank
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  • $ESV Rig Status
    ENSCO 8501 disposition as of Nov 22, according to the NGA: "Rig Removed"
    msi.nga.mil/NGAPortal/msi/query_results....

    Rig also not listed in the BOEMRE's list of deepwater activity as of Monday:
    www.gomr.boemre.gov/homepg/offshore/deep...
     
    Had been working for NBL/NXY in GoM, most recently at NBL's Isabela prospect. Is this a temporary demob between jobs, or has it run out of permitted activities? We'll probably have to wait for the Dec fleet status report to find out.

    Update:
    Looking at the NOAA, I see that the rig has been moved to Green Canyon 512, the site of Nexen's Knotty Head discovery.
    sdf.ndbc.noaa.gov/stations.shtml
    Looks like the 8501 has more work in hand. This is good.

    Update 2:
    Looking at other rig dispositions on the NOAA site, I notice that this data is at least several months out of date. The Ocean Endeavor, for example, left the GoM for Egypt over the summer, yet is listed as being at Walker Ridge 278 at the above link. If I do a search for that rig, I get this:
    www.ndbc.noaa.gov/station_page.php?stati...
    This puts the Endeavor at Keathley Canyon 919. That's possibly even more stale. The Endeavor had finished up there as of March 2010, and had moved to the Mississippi Canyon area by the time of the Macondo incident.

    In conclusion, the NOAA site is useless, and I'm left wondering whether the ENSCO 8501 still has work.
    Tags: ESV, CEO, NBL
    Dec 03 10:44 AM | Link | Comment!
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