Rowan wins Exxon drillship contract for Gulf of Mexico work

|About: Rowan Companies plc (RDC)|By:, SA News Editor

Rowan Companies (NYSE:RDC) says it was awarded a contract for one of its ultra-deepwater drillships by Exxon Mobil (NYSE:XOM) to drill a prospect in the U.S. Gulf of Mexico.

RDC expects the contract for the Rowan Relentless to begin in September and last for 80 days, followed by four one-well, priced options; no dayrate is provided.

The 2015-built Relentless is capable of drilling wells to depths of 40K ft. in waters of up to 12K ft.

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