The original spirit of the piece, redolent of the world of oil, remains intact. The watch’s entire movement represents the drilling process. A drive shaft sits on the right of the dial, between 2 and 4 o’clock. This powers a long articulated arm, known as the walking beam, between 10 and 2 o’clock. At its left-hand end is the oblong-shaped ‘head’, the most striking visual characteristic of a derrick.
The circuit naturally ends with a barrel at 9 o’clock, made from titanium and symbolising successful extraction. It too is in constant rotation: Louis Moinet has dedicated it to marking the seconds, read off at the bottom of the barrel, on a red engraved seconds track. The rotating barrel is also engraved with Louis Moinet’s name, atop its iconic fleur-de-lis motif.
Echoing the black gold depicted as running through the watch, the bridges are made from black PVD. Created exclusively for the Black Gold Derrick, they are open-worked, so as to give pride of place to the visual effect of the going train. The plate is also completely new, as is the barrel cover. This now offers a view from above of the spring, whilst raised engraving on the minimalist-style cover proudly displays the 72-hour power reserve.

The Black Gold Derrick is imbued with the spirit of fine watchmaking. The time is displayed by two central rhodium-plated hands, regulated by a tourbillon escapement at 6 o’clock. The bridges and their many acute angles are all hand-finished, featuring pearled decor on the plate and the derrick bridge, and fine lines on the other bridges. The assembly is housed in a new white gold case by Louis Moinet, dubbed NEO. Premiered worldwide at Baselworld, it embodies a noteworthy step by the Ateliers towards a more dynamic, contemporary style. The NEO case’s original, contemporary design includes open-work lugs; in a fine watchmaking flourish, these sport black zircon tips. In addition to open-work lugs, the sides have been sculpted, and the crown has also been modernised. This technical assembly, with over 45 parts, is topped by a six-screw bezel, now one of Louis Moinet’s stylistic hallmarks.
The Black Gold Derrick comes in a strictly limited edition of 28 pieces.