Offshore Rig Day Rate Index Ihs Markit 2020
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Petrodata RigBase - cdn.

This is something that IHS Markit has stressed in its report this week, urging offshore rig owners to curb their enthusiasm, despite rising day rates for harsh environment floating drilling rigs and modest outlook. “Industry is still awash in rigs,” IHS Markit said. offshore drilling industry. This includes: ‒ Charter contract details ‒ Rig work schedules and drilling backlog ‒ Planned yard visits and inter-regional moves ‒ Rig availability ‒ Current and historical day rates ‒ Our analysts are recognized market Technical specifications and drilling equipment ‒ Drilling rig.

According to the IHS Markit Floating Rig Report and IHS Petrodata RigPoint database, average new fixture day rates for all floating rigs climbed by 12% year-over-year through September 2018, and the average expected annual growth in global demand for the floating rigs is 7% through 2022, but the floater market utilisation which includes all semisubmersibles and drill ships is far from tight. The second type of rig that has its leading new contract and utilization rates tracked by the IHS Markit report is ultra-deepwater drillships.

According to IHS Markit, the average expected annual growth in global demand for offshore, semi-submersible floating rigs is 7 percent through 2022, but the floater market utilization which includes all semi-submersibles and drill ships is far from tight at just 48 percent, so the market bullishness needs tempering, the company said in a new report. May 16, 2019 · This mainly due to a full-quarter contribution from the Ocean Rig assets. The segment's average day rate for the quarter was USD339,900, down 10.9% year on year. Utilization for this segment however increased by 12 percentage points to 47%, compared to a year ago.

According to the IHS Markit Floating Rig Report and IHS Petrodata RigPoint database, average new fixture day rates for all floating rigs increased by 12% year-over-year through September 2018, and the average expected annual growth in global demand for the floating rigs is 7% through 2022, but the floater market utilization which includes all semisubmersibles and drillships is far from tight at just 48%. The aircraft market—particularly helicopter rates for transferring personnel offshore—was one of the few other markets to show definitive growth, according to the index. Aircraft costs rose 2 percent in the past six months. Marine inspection and maintenance also saw a. IHS Markit expects global offshore rig demand will average 521 units in 2020, which exceeds the average of 453 units expected through 2018. These demand figures account for the entirety of 2018 through 2020, including seasonal fluctuations and regional trends. What sets this unit apart is that it will be the first rig rated for 20,000 psi operations, and with that advanced technology comes a day rate of $455,000, which is much higher than the rates that come with other rig contract fixtures these days.

Offshore Rig Day Rate Index IHS Markit Updated monthly, the Offshore Rig Day Rate Trends report tracks competitive mobile offshore drilling fleet day rates and utilization across four representative rig categories. Constructed with information from rig operators and owners worldwide, offshore rig day rate data is the most accurate information of its type available from any source. Nov 28, 2017 · Ultra-Deepwater Semisubmersibles.The first type of rig that is discussed in the IHS Markit report is ultra-deepwater semisubmersibles. For our purposes, an ultra-deepwater semisubmersible is defined as any semisubmersible drilling rig that is capable of operating in at least 7,500 feet of water.

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