Page 40: of Marine News Magazine (January 2, 2010)

39 41

by the numbers

Source: Charts courtesy of Waterborne Commerce Statistics Center, New Orleans, La. (http://www.iwr.usace.army.mil/ndc/wcsc/wcsc.htm)

Offshore Rig Day Rates

Floating Rigs

Rig Type Rigs Working Total Rig Fleet Average Day Rate

Drillship < 4000' WD 9 rigs 10 rigs $259,800.00

Drillship 4000'+ WD 36 rigs 39 rigs $412,550.47

Semisub < 1500' WD 13 rigs 19 rigs $297,795.00

Semisub 1500'+ WD 63 rigs 86 rigs $320,355.00

Semisub 4000'+ WD 73 rigs 83 rigs $417,320.27

Jackup Rigs

Rig Type Rigs Working Total Rig Fleet Average Day Rate

Jackup IC < 250' WD 33 rigs 50 rigs $91,807.69

Jackup IC 250' WD 38 rigs 64 rigs $111,134.86

Jackup IC 300' WD 90 rigs 126 rigs $131,007.75

Jackup IC 300'+ WD 101 rigs 134 rigs $164,133.03

Jackup IS < 250' WD 5 rigs 7 rigs —

Jackup IS 250' WD 9 rigs 10 rigs $118,500.00

Jackup IS 300' WD 2 rigs 5 rigs $60,300.00

Jackup IS 300'+ WD 2 rigs 3 rigs —

Jackup MC < 200' WD 3 rigs 16 rigs $28,000.00

Jackup MC 200'+ WD 11 rigs 28 rigs $43,381.82

Jackup MS < 200' WD 2 rigs 2 rigs —

Jackup MS 200'+ WD 6 rigs 19 rigs $65,610.00

Other Offshore Rigs

Rig Type Rigs Working Total Rig Fleet Average Day Rate

Drill Barge < 150' WD 20 rigs 38 rigs $30,000.00

Drill Barge 150'+ WD 7 rigs 10 rigs $77,000.00

Inland Barge 24 rigs 80 rigs $47,500.00

Platform Rig 149 rigs 251 rigs $40,593.67

Submersible 1 rigs 6 rigs $33,500.00

Tender 21 rigs 30 rigs $113,900.00

Source: Rigzone

Offshore Rig Fleet by Region

Region % No.

Africa – West 86.2% (50/58)

Asia – SouthEast 72.5% (58/80)

Europe - North Sea 83.1% (59/71)

Mediterranean 81.3% (13/16)

MidEast - Persian Gulf 76.6% (72/94)

N. America – Mexico 88.6% (31/35)

N. America - US GOM 69.5% (57/82)

S. America – Brazil 88.7% (47/53)

Source: Rigzone

Offshore Rig Utilization by Type

Type % No.

Drill Barge 80.0% (8/10)

Drillship 95.6% (43/45)

Jackup 76.1% (274/360)

Semisub 84.6% (143/169)

Submersible 100.0% (1/1)

Tender 80.8% (21/26)

Source: Rigzone

TSA Surcharge

West Coast

Date $/MT ch/$ ch/%

Dec 28 471.50 -7.50 -1.6

Dec 21 479.00 +14.00 +3.0

Dec 14 465.0 -17.50 -3.6

Dec 7 482.50 +10.00 +2.1

Nov 30 472.50 +0.50 +0.1

Nov 23 472.00 0.00 0.0

Nov 16 472.00 +8.00 +1.7

Nov 9 464.00 +2.50 +0.5

Nov 2 461.50 -7.5 -1.6

Oct 26 469.00 +16.00 +3.5

Oct 19 453.00 +17.50 +4.0

Oct 12 435.50 +10.00 +2.4

East Coast

Date $/MT ch/$ ch/%

Dec 28 472.00 +6.50 +1.4

Dec 21 465.50 +12.00 +2.6

Dec 14 453.50 -22.00 -4.6

Dec 7 475.50 -2.50 -0.5

Nov 30 478.00 -1.00 -0.2

Nov. 23 479.00 +2.00 +0.4

Nov. 16 477.00 +0.50 +0.1

Nov. 9 476.50 +10.00 +2.1

Nov. 2 466.50 -10.00 -2.1

Oct. 26 476.50 +18.00 +3.9

Oct. 19 458.50 +17.00 +3.9

Oct. 12 441.50 +24.00 +5.7

Source: Bunkerworld.com http://www.bunkerworld.com/markets/surcharges/tsa#

Indicative World Steel Prices

Indicative prices Change

SBB HRC world price $/t 564.057 +10

SBB Rebar world price $/t 521.478 +13

SBB World Price Tracker 195.95 0

Source: Steel Business Briefing http://www.steelbb.com/steelprices/

Bunker Fuel

Port IFO 380 IFO 180 MDO Del. Date

Corpus Christi 5000.00/+5.00 530.00/+5.00 695.00/+5.00 D 2009-12-31

Houston 465.00/+8.00 479.00/+9.00 660.00/+24.00 W 2009-12-31

New Orleans 471.00/+6.00 478.00/+8.00 664.00/+34.00 W 2009-12-31

Source: BunkerIndex.com • http://www.bunkerindex.com/prices/namerica.php

Port IFO380 IFO180 MGO MDO Barge Updated

New York 470.50/+6.50 493.00/+8.50 — 702.50/+3.50 $7.50 Dec 31

Houston 460.00/+6.00 472.50/+8.50 — 632.50/+3.50 $7.00 Dec 31

Los Angeles 487.50/+11.50 517.50/+29.00 707.00 712.50/+14.00 $5.80 Dec 31

Source: Bunkerworld.com • http://www.bunkerworld.com/markets/prices (free registration required) 40 MN January 2010