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What would be the viability or using a drilling ship?

Drilling ship viability
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What would be the viability or using a drilling ship?

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TB: A drill ship is interesting and it is something that we are also looking into. The water depths that we have to the south of the Islands range between 500 and 1500 metres, which requires a certain type of rig. There are two main types that would work. One is a semi-submersible rig and there are probably 35 or 40 rigs that can drill at that water depth and, of course they can also operate in the north in shallower water. The other option is a drill ship, which has some advantages and disadvantages. The disadvantage is they are generally much more expensive on a day rate basis but the advantage is they bring much more equipment with them and they can get here a lot quicker. So there are a number of drill ships that we have looked at as a possibility that may come available in a year or twos time that could come from West Africa or from Brazil. Although the day rate is high they dont have to have the supply boats and all the things that a semi submersible would need. If you drill less

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