NYSE:RIGEnergy Services
Otway Acceleration Puts Transocean Equinox Utilization And Valuation In Focus
Amplitude Energy has accelerated the drilling schedule for the Transocean Equinox rig at the Artisan gas project in the Otway Basin.
The updated plan brings forward the Artisan development well to support an earlier start to gas production, using existing East Coast Supply Project infrastructure.
The project involves Beach Energy and Amplitude Energy and represents fresh operational activity for Transocean’s fleet.
For investors tracking Transocean (NYSE:RIG), this update ties directly to...