Ensco advised that the jackup ENSCO 92 had its contract in the UK sector of the North Sea extended for more than four years and is now expected to work into fourth quarter 2022. The rig is drilling for ConocoPhillips. The London based offshore driller reported new contracts and extension:

• ENSCO 106 awarded a four-well contract with Sapura Energy offshore Malaysia, which commenced in March 2017
• ENSCO 121 awarded a three-well contract with INEOS in the North Sea that is expected to commence in July 2017
• ENSCO 68 awarded a one-well contract with Ankor Energy in the U.S. Gulf of Mexico that is expected to commence in June 2017
• ENSCO 107 contract with Chevron offshore Australia extended by three months to July 2017
• Contracts for ENSCO 121 and ENSCO 80 extended to April 2017 in the North Sea

This last rig fleet reports shows that the offshore drillers may begin to see a little light at the end of the tunnel. (Source: Ensco)