January 2020. Day rates published by IHS Markit are presented in good faith based on our best understanding of the market at the time, and may be subject to adjustment. Day rates are charted as an average of the high and low for each month. Utilization is the percentage of contracted rigs out of the total competitive fleet supply. At the depths of a global slide that took oil below $27 a barrel in early 2016, daily rates for leasing the most sophisticated floating drilling rigs had fallen to just $180,000 from $500,000 a “We assume new contracts on ultra-deepwater rigs will be in the $200,000 to $225,000 per day range, on average, in 2019, increasing to about $250,000 per day in 2020, with some variation depending on the rig quality and location.”. Under an assumption of oil prices staying in the mid-$50s, the US land rig count is expected to average 860 in 2020, he said. That compares with an average of 960 for 2019. A similar reduction is expected for the number of wells drilled – falling from 23,000 this year to 21,300 next year. Is your rig count accurate? Updated each Friday, the Weekly Rig Count provides accurate offshore drilling rig data by major region and globally. Our team of global analysts compiles oil rig data daily through direct contact with rig owners and offshore operators to derive dependable figures. March 13, 2020 In Norway, 13 out of the 23 harsh-environment semis in the country were working as of mid-May, for a total utilization rate of 56.5%. Nine of the 13 working rigs are not available until 2020 or later, Mr Childs pointed out, so the backlog is relatively high. However, there are still five cold-stacked units and two warm-stacked rigs without contracts.
Petrodata Offshore Drilling Fleet Day Rate Index offers monthly updates of competitive mobile offshore drilling fleet day rates and utilization across four rig categories. February 2020. Day rates published by IHS Markit are presented in good
Jan 7, 2020 Andy Hendricks, Patterson-UTI energy CEO, sits down with CNBC's Brian Sullivan on 'The Exchange' to discuss the oil rig demand, the 2020 Jul 29, 2019 While these lower-tech rigs command lower day rates, they drill slower and less accurately than super specs, more than offsetting any initial Mar 5, 2019 Westwood said this was evidenced in Premier Oil recently securing the Transocean Leader for a campaign in early 2020 for day rates of The Noble Bob Douglas drillship is completing development drilling operations for the Liza Phase 1 project, scheduled to start up by early 2020 and will produce up to 120,000 barrels of oil per day. In addition to these three rigs, ExxonMobil has also said that it’s bringing in the Noble Don Taylor drillship to Guyana. January 2020. Day rates published by IHS Markit are presented in good faith based on our best understanding of the market at the time, and may be subject to adjustment. Day rates are charted as an average of the high and low for each month. Utilization is the percentage of contracted rigs out of the total competitive fleet supply. At the depths of a global slide that took oil below $27 a barrel in early 2016, daily rates for leasing the most sophisticated floating drilling rigs had fallen to just $180,000 from $500,000 a “We assume new contracts on ultra-deepwater rigs will be in the $200,000 to $225,000 per day range, on average, in 2019, increasing to about $250,000 per day in 2020, with some variation depending on the rig quality and location.”.
May 13, 2019 Momentum Returning to Rig Market Utilization – Are Dayrates Far Behind? drilling (MPD) operations, to name a few, leaving the “clean” rate until the second-half of 2020 or later, and generally rates for contracts with a
Jan 22, 2020 The Transocean Spitsbergen drilling rig. of strong award levels of subsea equipment and FPSO hulls as well as improved floating rig rates. Daily crude oil and natural gas futures and spot prices are available on our site. Canadian rig activity was down 28 at 175 for the week of March 3, 2020 and is In depth view into US Oil Rig Count including historical data from 1987, charts and stats. US Oil Rig Count: 683.00 for Wk of Mar 13 2020. Add to Watchlists.
Daily crude oil and natural gas futures and spot prices are available on our site. Canadian rig activity was down 28 at 175 for the week of March 3, 2020 and is
Jan 22, 2020 The Transocean Spitsbergen drilling rig. of strong award levels of subsea equipment and FPSO hulls as well as improved floating rig rates. Daily crude oil and natural gas futures and spot prices are available on our site. Canadian rig activity was down 28 at 175 for the week of March 3, 2020 and is In depth view into US Oil Rig Count including historical data from 1987, charts and stats. US Oil Rig Count: 683.00 for Wk of Mar 13 2020. Add to Watchlists. Dec 6, 2019 Reflecting on offshore 2019 drilling predictions and looking ahead to Rig count (United States): 802 as that breakeven price is too close to the current price of oil to warrant the #044: Valentine's Day Issue · Energized! Jan 7, 2020 Andy Hendricks, Patterson-UTI energy CEO, sits down with CNBC's Brian Sullivan on 'The Exchange' to discuss the oil rig demand, the 2020 Jul 29, 2019 While these lower-tech rigs command lower day rates, they drill slower and less accurately than super specs, more than offsetting any initial Mar 5, 2019 Westwood said this was evidenced in Premier Oil recently securing the Transocean Leader for a campaign in early 2020 for day rates of
Mar 5, 2019 Westwood said this was evidenced in Premier Oil recently securing the Transocean Leader for a campaign in early 2020 for day rates of
Day Rates in All Regions Increased for the First Time in Two Years As 2016 came to a close, most of the drilling contractors with AC and SCR rigs that Platts RigData surveyed in December reported that they US land rig day rates on average—aggregated across all rig classes and all 2020 by Enverus Drillinginfo.