ABS has awarded approval in principle for Hyundai Heavy Industries (HHI) next-generation HD12000 heavy duty, wide beam drillship design, according to a press release. The drillship, which can accommodate a 20,000-psi BOP system, has been designed in full compliance with the ABS Guide for the Classification of Drilling Systems (CDS Guide) and other applicable ABS Rules and industry standards.
The HD12000 drillship will be capable of operating in 3,658 m (12,000 ft) water depth with a drilling depth to 12,192 m (40,000 ft). Featuring an innovative hull form, the design based on HHI’s proprietary technology includes enhanced dynamic positioning (DPS-3) capability through reduced hull resistance and thruster interaction, improved motion performance in maximum roll angle and reduced wave resistance at field transit conditions.
As part of the basic approval work scope, ABS reviewed the concept design and associated configurations interfacing with the drilling equipment and systems that will be installed on board the drillship.
Recommended Reading
Elk Range Royalties Makes Entry in Appalachia with Three-state Deal
2024-03-28 - NGP-backed Elk Range Royalties signed its first deal for mineral and royalty interests in Appalachia, including locations in Pennsylvania, Ohio and West Virginia.
Phoenix Capital Group Acquires Uinta Basin Royalty Interests
2024-04-29 - Phoenix Capital Group’s acquisition of 1,500 net royalty acres in Duchesne County, Utah, brings the company's investment in the Uinta Basin to more than $60 million, the company said.
Dorchester Minerals Buys Interests in Two Colorado Counties
2024-04-01 - Dorchester Minerals’ acquisition totals approximately 1,485 net royalty acres for roughly $17 million.
Marketed: Rock Oil Holdings Mineral, Royalty Opportunity in Midland Basin
2024-04-09 - Rock Oil Holdings has retained PetroDivest Advisors for the sale of a mineral and royalty opportunity in Howard County, Midland Basin.
Sitio Royalties Dives Deeper in D-J with $150MM Acquisition
2024-02-29 - Sitio Royalties is deepening its roots in the D-J Basin with a $150 million acquisition—citing regulatory certainty over future development activity in Colorado.