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Jack up drilling rig day rates supplier

Low dayrates shock bidders at Asian giant''s latest tender for

The Indian state giant operates a fleet of more than 30 offshore drilling units and is the largest operator of jack-up rigs in South Asia.

PT Apexindo Pratama Duta Tbk

February 3, 2005 PT Apexindo Pratama Duta Tbk ("Apexindo"), the largest Indonesian oil & gas drilling company, has started its jack-up project with a prominent

Definition of Day Rate in Oil Drilling

The phrase "day rate" refers to the whole expense of using a drilling rig on a daily basis. The drilling contractor providing the rig, crew, and

Latest rig report sees ''some softness'' in jackup day rates

Bruce Beaubouef, Managing Editor Evercore ISI''s latest Offshore Oracle report indicates that there is "some softness" in jackup dayrates in the

Rising day rates, utilisation drive rosier outlook for OSVs

Rising OSV rates and utilisation The supply of both jack-ups and floaters is clearly tightening. Shipbroker Lorentzen & Co reported jack-up

Jack up Rigs Market Size, Industry Share | Forecast [2025-2032]

Jack-up Rigs Market report summarizes top key players overview as Seajacks, Van Oord, Ulstein, Transocean, Diamond Offshore Drilling, Inc., Nabors Industries, and more

Operators consider novel rig deals to limit day rates

Offshore staff LONDON — Offshore rig rates hit a nine-year high last year, according to a report from Westwood Global Energy Group

Rigs report: drillers bullish as day rates and

As OSJ has reported, day rates for deepwater rigs have improved significantly, with a tightening offshore market improving contract terms and

Report: ''Big 3 offshore drillers'' reporting increasing day rates

Day rates for both floaters and jackups are on the rise, Evercore said. The primary drivers of higher rig day rates are tight rig supply; drillers remaining disciplined about rig

Offshore work meeting new, vibrant orders

As the energy sector has benefited from surging commodity prices pushed by factors including the Russia-Ukraine conflict, inflation and climate

Report: Rig dayrates on the rise in Southeast Asia | Offshore

Bruce Beaubouef * Managing Editor Dayrates for all types of rigs in Southeast Asia are witnessing robust growth, demonstrating an increase in demand and tightening supply,

Despite higher day rates, new rig orders not on the cards soon,

The ongoing upcycle in the offshore drilling market, which is expected to be a multi-year one, has resulted in higher day rates and fleet utilisation across the floater and jack

PT Apexindo Pratama Duta Tbk

The new jack-up rig Soehanah is one of super premium jack up rigs worldwide built based on PPL Shipyard''s proprietary design, the Baker Marine Pacific 375 Class. This

Jack-Up Rig Market Report 2025, Growth and

What Is The Jack-Up Rig Market Growth Forecast? The jack-up rig market size is expected to see strong growth in the next few years. It will grow to $4.58

Global Offshore Drilling Rig Dayrate Forecast

Westwood''s Global Offshore Drilling Rig Dayrate Forecast 2024-2028 report provides detailed insight on historical offshore drilling rig dayrate

Offshore rig day rates moving upward

Floater mainstay Transocean (NYSE – "RIG"), which had hovered between $3-$4/share for much of 2022, jumped up above $7/share in Feb and March 2023; jack-up

Offshore drillers see tightening rig market, increasing day rates

Signs of an improving global offshore drilling market appear to be flourishing, with longer contract durations not seen in years, rising day rates and upstream customers asking to secure rigs

Westwood Insight – Offshore drilling upcycle continues, but 2025

For 2025, Westwood is forecasting a lower marketed committed utilisation rate of 89%, with the semisub market to be the hardest hit of the three rig types. Westwood''s top

Rig Dayrates Have Risen, So Where are the New rig Orders?

Two of the largest jack-up rig owners, Borr Drilling and Shelf Drilling, say there is not enough equipment to fulfill future demand. What about the cost to build a new jackup? It is estimated

2024 offshore drilling outlook: Westwood''s top three

The offshore drilling market has been reaping the benefits of the ongoing upcycle, as rising demand and tightening supply brought higher day

Transocean, Noble, Valaris, Borr, and Odfjell Drilling fleets'' $23

The offshore drilling player''s jack-up revenues climbed to $214 million from $186 million in the second quarter of 2024, primarily due to operating days and amortized

Transocean, Noble, Valaris, Borr, and Odfjell Drilling

The offshore drilling player''s jack-up revenues climbed to $214 million from $186 million in the second quarter of 2024, primarily due to

Report: ''Big 3 offshore drillers'' reporting increasing day rates

By Bruce Beaubouef, Managing Editor The "Big 3" offshore drillers – listed as Transocean, Noble Corp., and Valaris by Evercore ISI – are all reporting "strong offshore

Global Offshore Drilling Rig Dayrate Forecast

It comes complete with a comprehensive dayrate forecast table, categorised by the eight main rig categories for jackups, semisubmersibles

Jack Up Rig Explained: How It Works and Why It''s Essential for

A Jack Up Rig is the most high-class asset in offshore oil drilling, with its utilisation rates ranging between 92% and 97% across southeast Asia, Indonesia and the US. Popular

Despite higher day rates, new rig orders not on the

The ongoing upcycle in the offshore drilling market, which is expected to be a multi-year one, has resulted in higher day rates and fleet

Borr Drilling: Leading The Jack-Up Offshore Drilling

Read here for an analysis of Borr Drilling''s position in the jack-up market and its financial outlook with a focus on supply conditions and potential

Offshore-drilling outlook to 2035 | McKinsey

To help navigate and understand the current cycle in the offshore-rig market, our offshore-drilling outlook provides a reference case for the

Gloomy offshore rig market pins hopes on 2026 rebound

The offshore drilling rig market is facing a challenging 2025 as dayrates continue to soften amid sluggish demand, but a potential 2026

Jack up drilling rig day rates supplier [PDF]

Mining Drilling Rigs Inc.