With drilling activity starting to increase, as an operator, you will be looking to take advantage of low rig rates and will ideally be looking for a ‘hot rig’ (i.e. an operational rig). However the availability of hot rigs is low, in comparison to the increasing demand. So what do you do if you can’t get a hot rig?
A reactivation process can be extensive and unpredictable; ultimately depending on how well the rig has been preserved and whether it’s been warm or cold stacked. Our whitepaper addresses the technical and regulatory challenges to help you successfully and cost effectively tender, select and accept a non-operational rig onto contract.
Download our whitepaper and discover the five steps to successful rig intake for a non-operational rig:
Review of compliance
Management system audit and implementation
Risk management of people, systems and equipment
What we think
LR's experts regularly share their research and insights.