At LR, we understand that sourcing and contracting a rig can be a daunting and challenging process, influenced by factors such as rig availability, operational status and stacked condition.
Whether you’re looking to contract a new build rig, a ‘hot’ rig or a non-operational rig that requires reactivation, we can help you successfully and cost effectively tender, select and accept a rig onto contract.
What we offer
Our rig intake and selection services cover the entire process from rig tender, selection and award to rig acceptance. As experts in asset integrity, operational integrity and well operations, we help you avoid costly project delays, operational downtime, safety risks and significant cost implications. Market conditions are such that new build and hot rigs aren’t always readily available and instead you must consider a non-operational rig. A reactivation process can be extensive and unpredictable. We help you identify and address the technical and regulatory challenges so you can successfully and cost effectively tender, select and accept a non-operational rig onto contract.
What are the benefits?
- Avoid project delays
- Reduce non-productive time
- Reduce failure risk and cost
- Ensure regulatory compliance
Why choose LR?
We’ve supported over 500 clients, intake 15,000 rigs, through the implementation of our proven rig intake process. Our ultimate goal is for you to exceed your drilling safety, operation and project objectives. Following our acquisition of WEST Engineering Services (2012) and ModuSpec (2008), we offer the world's most comprehensive suite of technical services to owners and operators of drilling rigs. Our world class services and support are recognised globally, with our reputation for technical excellence, safety and trust speaking for itself, having inspected over 80% of the world’s offshore oil rigs.
Who we work with
We help businesses across dozens of sectors push forward and achieve like never before. How can we help you?
Cost-risk evaluation leads to deferred P&A.
We helped our client save cost compared with conducting a full plug and abandonment project, deferring unnecessary CAPEX for 10 or so years.
What we think
LR's experts regularly share their research and insights.