Page 57: of Marine News Magazine (June 2011)

56 58

www.marinelink.com MN 57

Offshore Rig Day Rates

Floating Rigs

Rig Type Rigs Working Total Rig Fleet Average Day Rate

Drillship < 4000' WD 4 rigs 8 rigs $241,200.00

Drillship 4000'+ WD 41 rigs 54 rigs $464,495.64

Semisub < 1500' WD 9 rigs 18 rigs $251,493.75

Semisub 1500'+ WD 65 rigs 87 rigs $298,261.94

Semisub 4000'+ WD 80 rigs 100 rigs $413,787.50

Jackup Rigs

Rig Type Rigs Working Total Rig Fleet Average Day Rate

Jackup IC < 250' WD 31 rigs 53 rigs $75,500.00

Jackup IC 250' WD 38 rigs 64 rigs $90,732.26

Jackup IC 300' WD 88 rigs 126 rigs $96,387.25

Jackup IC 300'+ WD 116 rigs 152 rigs $134,916.24

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 3 rigs 12 rigs $34,333.33

Jackup MC 200'+ WD 13 rigs 28 rigs $46,885.42

Jackup MS < 200' WD 2 rigs 2 rigs —

Jackup MS 200'+ WD 6 rigs 19 rigs $72,950.00

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 27 rigs 75 rigs $56,620.00

Platform Rig 144 rigs 250 rigs $42,516.50

Submersible 0 rigs 6 rigs —

Tender 22 rigs 32 rigs $129,710.00

Source: Rigzone

Offshore Rig Fleet by Region

Region % No.

Africa – West 83.3% (50/60)

Asia – SouthEast 69.8% (67/96)

Europe - North Sea 86.7% (65/75)

Mediterranean 66.7% (14/21)

MidEast - Persian Gulf 73.4% (69/94)

N. America – Mexico 74.2% (23/31)

N. America - US GOM 79.2% (61/77)

S. America – Brazil 86.4% (57/66)

Source: Rigzone

Offshore Rig Utilization by Type

Type % No.

Drill Barge 80.0% (8/10)

Drillship 70.0% (42/60)

Jackup 76.4% (278/364)

Semisub 81.7% (143/175)

Tender 73.3% (22/30)

Source: Rigzone

Bunker Fuel

Port IFO 380 IFO 180 MGO Del. Date

Corpus Christi 665.00 695.00 995.00 W 2011-05-27

Houston 625.00 655.00 940.00 W 2011-05-27

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

Port IFO380 IFO180 MGO MDO Barge Updated

New York 657.50 691.00 — 1021.00 $7.50 May 27

Houston 634.00 676.00 — 972.50 $7.00 May 30

Los Angeles 637.00 667.00 — 1018.00 $5.80 May 30

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

TSA Surcharge

West Coast

Date $/MT ch/$ ch/%

May 23 642.00 -11.00 -1.7

May 16 653.00 -12.50 -1.9

May 9 665.50 -23.50 -3.4

May 2 689.00 -2.00 -0.3

Apr 25 691.00 -1.50 -0.2

Apr 18 692.50 -9.50 -1.4

Apr 11 702.00 +3.50 +0.5

Apr 4 698.50 +31.50 +4.7

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

East Coast

Date $/MT ch/$ ch/%

May 23 637.00 -3.00 -0.5

May 16 640.00 -17.00 -2.6

May 9 657.00 -32.00 -4.6

May 2 689.00 +1.00 +0.1

Apr 25 688.00 +2.50 +0.4

Apr 18 685.50 -10.00 -1.4

Apr 11 695.50 +16.50 +2.4

Apr 4 679.00 +26.50 +4.1

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

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

Indicative World Steel Prices

Indicative prices Change

SBB HRC world price $/t 807.401 -4

SBB Rebar world price $/t 738.57 +12

SBB World Price Tracker 279.099 -5

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