Seadrill secures contracts for multiple jack-up units Seadrill has secured new contracts for four jack-up units and the contract for the West Mischief has been extended by four months. The total revenue potential for the four new contracts and one extension is approximately $319M. Following these fixtures, Seadrill has 92% of its jack-up capacity contracted for 2014 and 64% for 2015. The total order backlog for the jack-up fleet is $4.4B and average remaining contract duration is 2.6 years.
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