Sidebar: Hilcorp buys 151 jack-up

Kay Cashman

As reported in the June 9 issue of Petroleum News, Hilcorp Alaska has acquired the Spartan 151 jack-up rig from Enterprise Offshore Drilling.

Hilcorp said in a June 3 email that the sale closed May 31, and it now owns the rig through a wholly owned subsidiary.

Enterprise is mentioned as the owner of the jack-up in the adjacent article about Furie Operating Alaska, but Furie's authorization request was submitted in 2023 and not deemed complete until April of this year.

"We are proud to make this investment and ensure the only jack-up rig in Alaska remains drilling in the Cook Inlet," said Luke Saugier, Hilcorp Alaska senior vice president. "This nearly $40 million investment demonstrates Hilcorp Alaska's continued long-term commitment to produce Cook Inlet natural gas for Alaskan homes and businesses."

The company said the jack-up purchase ensures that Hilcorp Alaska has access while enabling it to work with other Cook Inlet natural gas producers to ensure their access to the jack-up.

The Spartan 151 is a 150 H class independent leg, cantilevered jack-up which can drill to 25,000 feet and operate in water depths up to 151 feet.

--KAY CASHMAN