The present invention generally relates to methods for drilling a subsea wellbore and landing a casing mandrel in a subsea wellhead. In one aspect, a method of drilling a subsea wellbore with casing is provided. The method includes placing a string of casing with a drill bit at the lower end thereof in a riser system and urging the string of casing axially downward. The method further includes reducing the axial length of the string of casing to land a wellbore component in a subsea wellhead. In this manner, the wellbore is formed and lined with the string of casing in a single run. In another aspect, a method of forming and lining a subsea wellbore is provided. In yet another aspect, a method of landing a casing mandrel in a casing hanger disposed in a subsea wellhead is provided.