Page 58: of Marine News Magazine (February 2011)

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58 MN February 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 41 rigs 51 rigs $457,820.43

Semisub < 1500' WD 10 rigs 18 rigs $250,992.86

Semisub 1500'+ WD 65 rigs 86 rigs $311,078.68

Semisub 4000'+ WD 75 rigs 96 rigs $407,439.10

Jackup Rigs

Rig Type Rigs Working Total Rig Fleet Average Day Rate

Jackup IC < 250' WD 27 rigs 52 rigs $69,642.86

Jackup IC 250' WD 42 rigs 65 rigs $95,155.71

Jackup IC 300' WD 82 rigs 127 rigs $101,484.31

Jackup IC 300'+ WD 109 rigs 149 rigs $139,147.68

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 $36,000.00

Jackup MC 200'+ WD 10 rigs 28 rigs $45,750.00

Jackup MS < 200' WD 2 rigs 2 rigs —

Jackup MS 200'+ WD 6 rigs 19 rigs $64,060.00

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 38 rigs 74 rigs $46,733.33

Platform Rig 142 rigs 250 rigs $44,803.85

Submersible 0 rigs 6 rigs —

Tender 22 rigs 32 rigs $123,897.00

Source: Rigzone

Offshore Rig Fleet by Region

Region % No.

Africa – West 81.8% (45/55)

Asia – SouthEast 71.6% (68/95)

Europe - North Sea 81.9% (59/72)

Mediterranean 73.9% (17/23)

MidEast - Persian Gulf 77.7% (73/94)

N. America – Mexico 72.0% (18/25)

N. America - US GOM 54.0% (47/87)

S. America – Brazil 95.1% (58/61)

Source: Rigzone

Offshore Rig Utilization by Type

Type % No.

Drill Barge 80.0% (8/10)

Drillship 80.7% (46/57)

Jackup 71.6% (260/363)

Semisub 82.6% (142/172)

Tender 75.9% (22/29)

Source: Rigzone

Bunker Fuel

Port IFO 380 IFO 180 MGO MDO Del. Date

Corpus Christi 525.00 540.00 — 850.00 W 2011-01-24

Houston 507.00 548.00 825.00 — W 2010-11-17

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

Port IFO380 IFO180 MGO MDO Barge Updated

New York 512.50 541.00 — 862.50 $7.50 Jan 24

Houston 512.00 550.00 800.00 847.50 $7.00 Jan 24

Los Angeles 545.00 566.50 Pending 806.00 $5.80 Jan 24

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

TSA Surcharge

West Coast

Date $/MT ch/$ ch/%

Jan 17 550.50 +19.00 +3.6

Jan 10 531.50 -10.00 -1.8

Jan 3 541.50 +5.50 +1.0

Dec 27 536.00 +6.50 +1.2

Dec 20 529.50 +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

East Coast

Date $/MT ch/$ ch/%

Jan 17 535.00 +11.00 +2.1

Jan 10 524.00 +4.00 +0.8

Jan 3 520.00 +6.50 +1.3

Dec 27 513.50 +1.00 +0.2

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

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

Indicative World Steel Prices

Indicative prices Change

SBB HRC world price $/t 768.233 +80

SBB Rebar world price $/t 729.565 +62

SBB World Price Tracker 260.58 +20

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