View non-flash version
58 MN April 2011 Offshore Rig Day Rates Floating Rigs Rig Type Rigs Working Total Rig Fleet Average Day Rate Drillship < 4000' WD 6 rigs 8 rigs $241,200.00 Drillship 4000'+ WD 39 rigs 53 rigs $450,420.43 Semisub < 1500' WD 10 rigs 18 rigs $250,992.86 Semisub 1500'+ WD 65 rigs 86 rigs $299,132.31 Semisub 4000'+ WD 74 rigs 96 rigs $398,907.89 Jackup Rigs Rig Type Rigs Working Total Rig Fleet Average Day Rate Jackup IC < 250' WD 27 rigs 54 rigs $65,428.57 Jackup IC 250' WD 36 rigs 65 rigs $92,112.90 Jackup IC 300' WD 82 rigs 126 rigs $100,107.91 Jackup IC 300'+ WD 115 rigs 149 rigs $135,137.07 Jackup IS < 250' WD 5 rigs 7 rigs — Jackup IS 250' WD 8 rigs 10 rigs $137,000.00 Jackup IS 300' WD 2 rigs 5 rigs $60,300.00 Jackup IS 300'+ WD 1 rigs 3 rigs $55,000.00 Jackup MC < 200' WD 2 rigs 16 rigs $22,333.33 Jackup MC 200'+ WD 13 rigs 28 rigs $44,833.33 Jackup MS < 200' WD 2 rigs 2 rigs — Jackup MS 200'+ WD 5 rigs 19 rigs $84,433.33 Other Offshore Rigs Rig Type Rigs Working Total Rig Fleet Average Day Rate Drill Barge < 150' WD 18 rigs 39 rigs — Drill Barge 150'+ WD 6 rigs 9 rigs — Inland Barge 35 rigs 74 rigs $46,585.71 Platform Rig 143 rigs 250 rigs $45,620.83 Submersible 0 rigs 6 rigs — Tender 21 rigs 33 rigs $124,747.00 Source: Rigzone Offshore Rig Fleet by Region Region % No. Africa – West 77.2% (44/57) Asia – SouthEast 69.1% (65/94) Europe - North Sea 81.3% (61/75) Mediterranean 68.2% (15/22) MidEast - Persian Gulf 77.7% (73/94) N. America – Mexico 65.4% (17/26) N. America - US GOM 72.0% (59/82) S. America – Brazil 87.3% (55/63) Source: Rigzone Offshore Rig Utilization by Type Type % No. Drill Barge 80.0% (8/10) Drillship 75.9% (44/58) Jackup 72.6% (265/365) Semisub 82.1% (142/173) Tender 70.0% (21/30) Source: Rigzone Bunker Fuel Port IFO 380 IFO 180 MGO Del. Date Corpus Christi 660.00 690 1000.00 W 2011-03-30 Houston 629.00 671.00 975.00 W 2011-03-30 Source: BunkerIndex.com - http://www.bunkerworld.com/markets/prices Port IFO380 IFO180 MGO MDO Barge Updated New York 647.00 676.00 — 1013.50 $7.50 Mar 30 Houston 642.50 696.00 Pending 1012.50 $7.00 Mar 30 Los Angeles 686.00 706.00 — 1007.50 $5.80 Mar 30 Source: Bunkerworld.com - http://www.bunkerworld.com/markets/surcharges/tsa# TSA Surcharge West Coast Date $/MT ch/$ ch/% Mar 28 667.00 +16.00 +2.5 Mar 21 651.00 +0.50 +0.1 Mar 14 650.50 -6.50 -1.0 Mar 7 657.00 +8.00 +1.2 Feb 28 649.00 +40.50 +6.7 Feb 21 608.50 +4.50 +0.7 Feb 14 604.00 +2.00 +0.3 Feb 7 602.00 +40.50 +7.2 Jan 31 561.50 +10.50 +1.9 Jan 24 551.00 +0.50 +0.1 Jan 17 550.50 +19.00 +3.6 Jan 10 531.50 -10.00 -1.8 East Coast Date $/MT ch/$ ch/% Mar 28 652.50 +8.50 +1.3 Mar 21 644.00 -15.00 -2.3 Mar 14 659.00 +4.00 +0.6 Mar 7 655.00 +8.50 +1.3 Feb 28 646.50 +43.50 +7.2 Feb 21 603.00 +4.00 +0.7 Feb 14 599.00 +21.00 +3.6 Feb 7 578.00 +28.00 +5.1 Jan 31 550.00 +15.50 +2.9 Jan 24 534.50 -0.5 -0.1 Jan 17 535.00 +11.00 +2.1 Jan 10 524.00 +4.00 +0.8 Source: Bunkerworld.com http://www.bunkerworld.com/markets/surcharges/tsa# Indicative World Steel Prices Indicative prices Change SBB HRC world price $/t 826.395 +8 SBB Rebar world price $/t 743.584 -5 SBB World Price Tracker 285.393 +3 Source: Steel Business Briefing http://www.steelbb.com/steelprices/ Source: Charts courtesy of Waterborne Commerce Statistics Center, New Orleans, La. (http://www.iwr.usace.army.mil/ndc/wcsc/wcsc.htm) BY THE NUMBERS