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CoMan, It is a while since I was involved in rig positioning but at that time once the final penetration of the legs was complete after preloading then we went on day rate and all operations to prepare for drilling including cantilever skidding and tank stripping began.
Findme - in the present climate it's not unusual for contracts to be structured such that the rig does not go on day rate until the bit is on the seabed and the rig is ready to spud. So while Stena are deploying and calibrating the transponders to position the rig the spud preparations should be ongoing simultaneously. It would normally take +/- 20 hours to position the rig but with all the other other operations required to get ready for spud, ie offload supply vessels, mix spud mud, rack tubulars, make up BHA etc etc it will probably be +/- 4 days after the rig arrives on location before they are ready to spud. If the contract is structured in this manner then it will save BPC several days of day rate.
I believe the rig is expected to depart Las Palmas around the 22nd or 23rd of November.
$2m due on receipt or recent Commencement Notice.
It is most likely that a mobilisation fee will have been paid to Stena,
As a Jackup OIM I am not familiar with the hierarchy of a drill ship operations but I would guess that when the Rig Mover, who may also be the insurance surveyor, the OIM(Drilling), the Captain and the Company Man are satisfied that the vessel is positioned over the location then the payment of the day rate will kick in.
Stena will give BPC 30 days notice prior to arrival and minimum two weeks notice before departure. They will not want to arrive and set up before the end of November for obvious reasons. It should only take a couple of days to set up after arrival on location before Spud.
Probably depart for the P1 spot around the third week of November.
In the RNS, they said on site for around 15th Dec, with 3-4 days of set up, then spud...
Las Palmas to Nassau is 3541 nautical miles and takes approximately 15 days. I wonder if she’ll set sail before the end of the month. Surely they’ll need a couple of weeks late Nov / early Dec to set everything up etc.GLA