Page 57: of Marine News Magazine (July 2011)

www.marinelink.com MN57Offshore Rig Day Rates Floating Rigs Rig TypeRigs WorkingTotal Rig FleetAverage Day Rate Drillship < 4000' WD4 rigs8 rigs$241,000.00 Drillship 4000'+ WD 44 rigs59 rigs$464,000.00 Semisub < 1500' WD 11 rigs18 rigs$249,000.00 Semisub 1500'+ WD 64 rigs86 rigs$291,000.00 Semisub 4000'+ WD 82 rigs101 rigs$419,000.000 Jackup Rigs Rig TypeRigs WorkingTotal Rig FleetAverage Day Rate Jackup IC < 250' WD 31 rigs53 rigs$71,000 Jackup IC 250' WD 37 rigs64 rigs$85,00 Jackup IC 300' WD 84 rigs128 rigs$94,000 Jackup IC 300'+ WD 115 rigs153 rigs$140,000 Jackup IS < 250' WD 5 rigs7 rigs? Jackup IS 250' WD 8 rigs10 rigs$137,000 Jackup IS 300' WD 2 rigs5 rigs$60,000 Jackup IS 300'+ WD 1 rigs3 rigs$55,000 Jackup MC < 200' WD 0 rigs12 rigs$0 Jackup MC 200'+ WD 11 rigs28 rigs$49,000 Jackup MS < 200' WD 2 rigs2 rigs? Jackup MS 200'+ WD 4 rigs19 rigs$72,000 Other Offshore Rigs Rig TypeRigs WorkingTotal Rig FleetAverage Day Rate Drill Barge < 150' WD18 rigs39 rigs? Drill Barge 150'+ WD6 rigs9 rigs? Inland Barge37 rigs75 rigs39,000 Platform Rig 146 rigs250 rigs$42000 Submersible 0 rigs6 rigs? Tender22 rigs32 rigs$133,000 Source: RigzoneOffshore Rig Fleet by Region Region%No. Africa ? West80.6%(50/62) Asia ? SouthEast71.3% (67/94) Europe - North Sea90.8% (69/76) Mediterranean61.9% (13/21) MidEast - Persian Gulf71.0%(66/93) N. America ? Mexico78.1%(25/32) N. America - US GOM74.7% (56/75) S. America ? Brazil86.6% (58/67) Source: RigzoneOffshore Rig Utilization by Type Type%No. Drill Barge80.0%(8/10) Drillship72.1%(44/61) Jackup75.8%(275/363) Semisub82.9%(145/175) Tender75.9%(22/29) Source: RigzoneBunker FuelPortIFO 380IFO 180MGODel. Date Corpus Christi675.00700.001000W 2011-07-01 Houston634.00675.00955.00W 2011-07-01 Source: BunkerIndex.com - http://www.bunkerworld.com/markets/prices PortIFO380IFO180MGOMDOBargeUpdated New York655.50685.50985.00987.50$7.50June 30 Houston635.00675.00Pending961.00$7.00July 1 Los Angeles668.00690.00?Pending$5.80July 1 Source: Bunkerworld.com - http://www.bunkerworld.com/markets/surcharges/tsa# TSA Surcharge West Coast Date$/MTch/$ch/% June 27639.50-16.00-2.4 June 20655.50-20.00-3.0 June 13675.50+11.00+1.7 June 6664.50+15.50+2.4 May 30649.00+7.00+1.1 May 23642.00-11.00-1.7 May 16653.00-12.50-1.9 May 9665.50-23.50-3.4 May 2689.00-2.00-0.3 Apr 25691.00-1.50-0.2 Apr 18692.50-9.50-1.4 Apr 11702.00+3.50+0.5 Apr 4698.50+31.50+4.7 East CoastDate$/MTch/$ch/% June 27639.50-12.00-1.8 June 20651.50-38.00-5.5 June 13689.50+15.00+2.2 June 6674.50+15.50+2.4 May 30659.00+22.00+3.5 May 23637.00-3.00-0.5 May 16640.00-17.00-2.6 May 9657.00-32.00-4.6 May 2689.00+1.00+0.1 Apr 25688.00+2.50+0.4 Apr 18685.50-10.00-1.4 Apr 11695.50+16.50+2.4 Apr 4679.00+26.50+4.1 Source: Bunkerworld.com http://www.bunkerworld.com/markets/surcharges/tsa# Indicative World Steel Prices Indicative pricesChange SBB HRC world price $/t793.1-7 SBB Rebar world price $/t747.682+5 SBB World Price Tracker274.206-4 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