The Blake Rig 1505 recently began mobilizing to Walter Oil & Gas Corporation’s South Timbalier 311 “A” platform, where it will perform a completion on the A-2 well following current rig up operations.
Blake International Rigs, LLC and Walter Oil & Gas Corporation entered into a contract to mobilize the Blake Rig 1505 onto the recently installed South Timbalier 311 A platform. The contract term is for one well, with multiple option wells.
The Blake Rig 1505 recently completed a five well project for Ankor Energy LLC, prior to making ready for the Walter Oil & Gas project.
The initial contract term will keep the rig busy into April 2015. The option wells, if exercised could keep the rig working into Q3/Q4 2015 respectively.
“We are very pleased to be working with Walter Oil & Gas Corporation and look forward to building a longstanding relationship with them. Walter Oil & Gas has a strong foothold in the US waters of the Gulf of Mexico and we are very excited for this opportunity”, says Beau Blake, President and CEO of Blake International Rigs.
Blake International Rigs owns and operates a fleet of 10 Platform Rigs in the US and Mexico.