BORR DRILLING SIGNS NEW CONTRACT COMMITMENTS

New orleans drilling rig accident lawyer
If you or someone you love has been injured while working on an offshore oil rig, contact our New Orleans maritime lawyers today. We can provide legal counsel and help you to file a claim for compensation based on your injuries. [pdf]
Cactus drilling new rig
Rig 169 will be drilling in the Anadarko Basin in the Texas Panhandle for Tecolote Energy headquartered in Tulsa. “Rig 169 is a fit-for-purpose, tier 1 AC drilling rig that is ideally-equipped for multi-well pads and extended laterals,” said Josh Simons, Cactus’ Vice President of Operations. [pdf]FAQS about Cactus drilling new rig
What is a cactus rig 172?
Cactus Rig 172 is an 1,800-horsepower AC-driven land drilling rig operated by Cactus Drilling, the largest privately held U.S.-based land drilling contractor. The rig is an Alta ARS-1813 model, classified under Cactus Drilling’s “ROCKET” series, which is designed for high-performance drilling operations. Total Wells Drilled
How many cactus rigs have been drilled this year?
As of this year, a total of 120 wells have been drilled by Cactus rigs, demonstrating strong industry demand and continued investment in drilling operations. Below, we break down the latest data, highlighting top trends in drilling activity by province, operator, county, and rig utilization.
Who is cactus drilling?
Cactus is a mid-size, U.S. domestic land drilling contractor providing quality people operating premium rigs to deliver safe and reliable results. As of March 2025 Cactus Drilling has drilled 120 wells year-to-date across Texas, Oklahoma, New Mexico, and Louisiana, with Texas leading at 64 wells.
Who uses cactus drilling rigs?
Several major oil and gas operators are leveraging Cactus Drilling rigs for their exploration and production programs. The top 10 operators by record count include: Drilling activity remains concentrated in specific counties with high levels of oil and gas production.
Where are cactus drilling rigs located?
Coterra Energy is the top operator with 23 wells, and Lea County, NM, is the most active drilling location with 9 wells. The most utilized rigs include Cactus 162 and Cactus 140, each drilling 7 wells, reflecting strong and consistent demand for Cactus Drilling’s services.
What are the key trends in Cactus drilling?
The data highlights several important trends in U.S. drilling: Strong activity across multiple provinces, reflecting a broad and sustained demand for drilling services. A diverse set of operators utilizing Cactus Drilling, ranging from major industry players to smaller independents.

Alwilco drilling rig contract status
Awilco Drilling said Thursday that an arbitration tribunal had ruled in its favor in its second case against Singapore-based Keppel FELS over a rig contract termination. It lost the first in April 2023. Awilco Drilling in 2018 ordered a harsh environment semi-submersible drilling rig from Keppel FELS. [pdf]FAQS about Alwilco drilling rig contract status
What happened between seatrium New Energy Limited and Awilco Rig 2?
Subsequently, an arbitration award was received in November 2023 for another arbitration between Seatrium New Energy Limited and Awilco Rig 2 Pte. Ltd. (“AR2”), a sister company of AR1, in respect of the contract executed in March 2019 for the construction of a repeat midwater semisubmersible drilling rig, B382.
When did Keppel FELS vs Awilco arbitrate?
In April 2023, the Court of Arbitration ruled in favor of Keppel FELS in the Nordic Spring arbitration on the basis of relevant evidence submitted by Keppel FELS and Awilco’s subsidiary Awilco Rig 1 (AR1), while in November the Court of Arbitration ruled in favor of Awilco’s subsidiary Awilco Rig 2 (AR2) in the Nordic Winter arbitration.
Does Awilco have a financial impact on seatrium new energy?
The US$57 million settlement will flow directly from Rigco to AR2. Hence, there is no financial impact nor working capital exposure to Seatrium New Energy or the Group. Awilco is said to have emptied its drilling fleet in June 2022 following the sale of its rigs.
What happened to Awilco & seatrium?
Awilco is said to have emptied its drilling fleet in June 2022 following the sale of its rigs. In contrast, Seatrium has already bagged a number of offshore contracts for floating production, storage and offloading (FPSO) units, semi-submersible FPUs, and a number of repair and conversion agreements.