IS THERE A GOLDEN OPPORTUNITY FOR JACK-UPS
24 May 2019
As oil prices continue to stabilise, operators are looking for the most efficient drilling and intervention methods to keep their downturn inspired cost savings in place.
Jack-up rigs have long been known as the cheaper alternative to their floating cousins; semi-submersible (semi-sub) rigs or drilling vessels. However, the real operational benefits of the rig’s fixed feet design have often been overlooked, when being used for subsea operations.
So, when would a jack-up be the right way to go? This article discusses the benefits of jack-up rigs and how the primary advantages of using them go beyond just cost.