US-based driller Atwood Oceanics has sold its semisubmersible drilling rig Atwood Falcon for recycling and scheduled the Atwood Eagle semisubmersible to be idled in May.
The Atwood Eagle is in transit to Singapore and is being marketed. The unit was due to be on contract to Australia's Woodside, however, the firm suspended the contract and transferred it to Atwood’s other drilling rig, the Atwood Osprey, which is on contract to Chevron until July 2016.
Atwood Eagle was built in 1982, and refurbished and upgraded in 2000 and 2003, respectively. The rig was built to work in up to 5000ft water depth. Its can drill down to 25,000ft.
Atwood Falcon was built in 1983 and is also able to drill down to 25,000ft, in up to 5000ft water depth.