In its fleet status report issued this week the company has said it is preparing the rig for cold stacking, meaning the rig will be idled, crew let go, and all the hatches welded, cutting the costs to a minimum.
[pdf] Predator Drilling Inc.’s fleet is well suited for various applications including: integrated drilling services (shallow & deep pre-set), coring and delineation, horizontal, slant, mining, specialty and commercial water well drilling operations.
[pdf] While maintaining a superior health, safety and environmental record, the Group currently has a fleet of thirty four onshore drilling rigs, thirteen jack-up offshore drilling rigs, a jack-up barge, and a mobile offshore production unit ("MOPU"), which includes a floating storage and offloading unit.
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