Page 58: of Marine News Magazine (January 2011)

57 59

58 MN January 2011

Offshore Rig Day Rates

Floating Rigs

Rig Type Rigs Working Total Rig Fleet Average Day Rate

Drillship < 4000' WD 5 rigs 8 rigs $242,200.00

Drillship 4000'+ WD 38 rigs 50 rigs $431,324.13

Semisub < 1500' WD 10 rigs 18 rigs $274,368.75

Semisub 1500'+ WD 65 rigs 86 rigs $315,176.35

Semisub 4000'+ WD 75 rigs 91 rigs $405,990.26

Jackup Rigs

Rig Type Rigs Working Total Rig Fleet Average Day Rate

Jackup IC < 250' WD 30 rigs 52 rigs $79,062.50

Jackup IC 250' WD 42 rigs 65 rigs $96,212.86

Jackup IC 300' WD 86 rigs 125 rigs $101,400.00

Jackup IC 300'+ WD 111 rigs 147 rigs $139,807.18

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 0 rigs 3 rigs —

Jackup MC < 200' WD 2 rigs 16 rigs $33,000.00

Jackup MC 200'+ WD 13 rigs 28 rigs $49,000.00

Jackup MS < 200' WD 2 rigs 2 rigs —

Jackup MS 200'+ WD 6 rigs 19 rigs $69,250.00

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 36 rigs 74 rigs $51,585.71

Platform Rig 142 rigs 250 rigs $44,996.43

Submersible 0 rigs 6 rigs —

Tender 22 rigs 32 rigs $123,897.00

Source: Rigzone

Offshore Rig Fleet by Region

Region % No.

Africa – West 84.9% (45/53)

Asia – SouthEast 72.5% (66/91)

Europe - North Sea 86.1% (62/72)

Mediterranean 77.3% (17/22)

MidEast - Persian Gulf 75.5% (71/94)

N. America – Mexico 75.0% (24/32)

N. America - US GOM 67.9% (53/78)

S. America – Brazil 91.8% ( 56/61)

Source: Rigzone

Offshore Rig Utilization by Type

Type % No.

Drill Barge 80.0% (8/10)

Drillship 71.4% (40/56)

Jackup 75.7% (274/362)

Semisub 86.3% (145/168)

Tender 75.9% (22/29)

Source: Rigzone

Bunker Fuel

Port IFO 380 IFO 180 MDO Del. Date

Corpus Christi 525.00 545.00 815.00 D 2010-12-21

Houston 498.00 518.00 — W 2010-12-21

Source: BunkerIndex.com - http://www.bunkerworld.com/markets/prices

Port IFO380 IFO180 MGO MDO Barge Updated

New York 503.00 536.00 — 812.50 $7.50 Dec 21

Houston 496.50 515.50 — 792.50 $7.00 Dec 21

Los Angeles 538.50 564.50 815.00 782.50 $5.80 Dec 21

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

TSA Surcharge

West Coast

Date $/MT ch/$ ch/%

Dec 20 52950 +8.50 +1.6

Dec 13 521.00 -2.00 -0.4

Dec 6 523.00 +21.00 +4.2

Nov 29 502.00 +8.50 +1.7

Nov 22 493.50 +4.50 +0.9

Nov 15 489.00 -11.50 -2.3

Nov 8 500.50 +23.00 +4.8

Nov 1 477.50 +1.00 +0.2

Oct 25 476.50 +10.00 +2.1

Oct 18 466.50 -8.50 -1.8

Oct 11 475.00 +6.00 +1.3

Oct 4 469.00 +20.00 +4.5

East Coast

Date $/MT ch/$ ch/%

Dec 20 512.50 +5.00 +1.0

Dec 13 507.50 -6.50 -1.3

Dec 6 514.00 +19.00 +3.8

Nov 29 495.00 +14.00 +2.9

Nov 22 481.00 -16.00 -3.2

Nov 15 497.00 -2.00 -0.4

Nov 8 499.00 +21.00 +4.4

Nov 1 478.00 +1.00 +0.2

Oct 25 477.00 +5.50 +1.2

Oct 18 471.50 -11.00 -2.3

Oct 11 482.50 +8.50 +1.8

Oct 4 474.00 +19.00 +4.2

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

Indicative World Steel Prices

Indicative prices Change

SBB HRC world price $/t 680.691 +19

SBB Rebar world price $/t 659.665 +26

SBB World Price Tracker 237.696 +7

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