Item 2. Properties
Item 2. Properties
VESSELS AND OTHER OPERATING ASSETS
As of December 31, 2022, our fleet included 27 owned vessels, eight IRSs, three SILs, the ROAM, 15 marketable P&A systems (with the ability to scale up to 20 systems), six coiled tubing systems, 41 ROVs, seven trenchers and the IROV boulder grab. We also had six vessels under time charter agreements. All of our chartered vessels and 11 of our owned vessels have DP capabilities specifically designed to meet the needs of our customers’ offshore activities. Our Seawell and Well Enhancer vessels also have built-in saturation diving systems.
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Listing of Vessels and Other Assets Related to Operations as of December 31, 2022 (1)
Placed
Flag
in
Length
State
Service (2)
(Feet)
DP
Floating Production Unit —
Helix Producer I
Bahamas
4/2009
528
DP2
Well Intervention —
Q4000 (3)
U.S.
4/2002
312
DP3
Seawell (4)
U.K.
7/2002
368
DP2
Well Enhancer (4)
U.K.
10/2009
432
DP2
Q5000
Bahamas
4/2015
358
DP3
Siem Helix 1 (5)
Bahamas
6/2016
521
DP3
Siem Helix 2 (5)
Bahamas
2/2017
521
DP3
Q7000 (6)
Bahamas
1/2020
320
DP3
8 IRSs, 3 SILs and the ROAM (7)
—
Various
—
—
Helix Alliance —
EPIC Hedron (heavy lift barge)
Vanuatu
7/2022
400
—
10 liftboats, 6 OSVs, 3 DSVs and 1 crew boat (8)
U.S.
7/2022
Various
DP1
15 marketable P&A systems and 6 coiled tubing systems
—
Various
—
—
Robotics —
41 ROVs, 7 Trenchers and the IROV boulder grab (4), (9)
—
Various
—
—
Grand Canyon II (5)
Norway
4/2015
419
DP3
Grand Canyon III (5)
Norway
5/2017
419
DP3
Horizon Enabler (5)
Barbados
5/2022
316
DP2
Shelia Bordelon (5)
U.S.
2/2022
257
DP2
(1) We maintain our vessels in accordance with standards of seaworthiness, safety and health set by governmental regulations and classification organizations. We maintain our fleet to the standards for seaworthiness, safety and health set by the ABS, Bureau Veritas (“BV”), Det Norske Veritas (“DNV”), Lloyds Register of Shipping (“Lloyds”), and the Coast Guard. ABS, BV, DNV and Lloyds are classification societies used by vessel owners to certify that their vessels meet certain structural, mechanical and safety equipment standards.
(2) Represents the date we placed our owned vessels in service (rather than the date of commissioning) or the date the charters for our chartered vessels commenced, as applicable.
(3) Subject to a vessel mortgage securing our MARAD Debt described in Note 7.
(4) Serves as security for the ABL Facility described in Note 7.
(5) Vessel under time charter agreement.
(6) Served as collateral for surety bond related to one campaign offshore Nigeria. Security interest was released in January 2023.
(7) We own a 50% interest in the ROAM and three of the IRSs. The two recently acquired deepwater IRSs have not yet been placed in service.
(8) DP capabilities are only applicable to five OSVs.
(9) Average age of our Robotics assets is approximately 11.0 years . One of the recently acquired trenchers has not yet been placed in service.
We incur routine dry dock, inspection, maintenance and repair costs pursuant to applicable statutory regulations in order to maintain our vessels in accordance with the rules of the applicable class society. In addition to complying with these requirements, we have our own asset maintenance programs that we believe permit us to continue to provide our customers with well-maintained, reliable assets.
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FACILITIES
Our corporate headquarters are located at 3505 West Sam Houston Parkway North, Suite 400, Houston, Texas 77043. Except for one owned property related to Helix Alliance, we currently lease all of our facilities, which are primarily located in Texas, Louisiana, Scotland, Singapore and Brazil.