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Prospector Offshore Drilling S.A. Bankruptcy Case

Prospector Offshore Drilling S.A.

Case No. 17-11572·Delaware·Petition date Jul 20, 2017

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Judge: Christopher S. Sontchi
Petition assets: $1B–$10B
Petition liabilities: $1B–$10B
Industry: Energy
Debtors: 4

Prospector Offshore Drilling S.à r.l. is an offshore drilling company headquartered in Houston, Texas, that operates two high-specification jackup rigs, Prospector 1 and Prospector 5, in the U.K. North Sea. Acquired by Paragon Offshore Limited in 2015, the company maintains a workforce of approximately 128 employees through its Singapore-based affiliate, POD Singapore. The firm manages its operations through a centralized system of 30 bank accounts, facilitating drilling services and trade vendor payments across international jurisdictions.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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