Page 21: of Offshore Engineer Magazine (Jun/Jul 2014)

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Analysis

Rig stats

Worldwide

Rig Type Total Rigs Contracted Available Utilization

Drillship 102 99 3 97%

Jackup 414 369 45 89% 192 169 23 88%

Semisub 33 22 1166%

Tenders

Total 741 659 8288%

Gulf of Mexico

Rig Type Total Rigs Contracted Available Utilization 27 27 0100%Drillship 94 79 15 84%

Jackup 30 26 486%

Semisub

N/A N/AN/A N/A

Tenders 151 132 19 87%

Total

Asia Paci? c

Rig Type Total Rigs Contracted Available Utilization

Drillship 15 13 286%

Jackup 112 106 6 94%

Semisub 37 30 7 81%

Tenders 24 15 9 62%

Jim Raney, Anadarko, speaks at an OTC session about industry

Total 188 164 24 87% response to Macondo. Photo by Audrey Leon/OE.

Latin America

Rig Type Total Rigs Contracted Available Utilization

Payne showcased the supermajor’s new WELLSAFE program,

Drillship 26 26 0100% which focuses on process safety for well control.

Jackup 9 6 366%

The WELLSAFE program is based on the US Navy program 39 39 0100%

Semisub

SUBSAFE, which came into practice following the sinking of

Tenders 2 2 0100% the nuclear submarine USS Thresher, which killed 129 crew

Total 76 73 396% members in 1963. The SUBSAFE program narrowed focus to

Northwest European Continental Shelf the integrity of a submarine’s hull, and covered how to react to

Rig Type Total Rigs Contracted Available Utilization ? ooding events.

Drillship 1 1 0100%

WELLSAFE mirrors the SUBSAFE model, and is an assur-

Jackup 47 46 1 97% ance-based program that includes clear written requirements,

Semisub 47 45 2 95% shifts the focus from training to education, and offers a con-

N/A N/AN/A N/A

Tenders tinuous certi? cation process. WELLSAFE begins with business 95 92 396%

Total unit certi? cation. Payne said it needs a governing authority centralized in global drilling and completions. Additionally, the

Middle East & Caspian Sea individual well design needs certi? cation.

Rig Type Total Rigs Contracted Available Utilization

Drillship 1 1 0100% “WELLSAFE assures that well design complies. It’s like doing

Jackup 102 85 17 83% an audit every day,” Payne said. Each rig is certi? ed by the busi- 3 3 0100%

Semisub ness unit’s wellsite. “We will stop any operation that is not safe

N/A N/AN/A N/A

Tenders and does not meet expectations.” 106 89 17 83%

Total

Payne said Chevron knew it needed to put WELLSAFE into action following a January 2012 blowout at the Funiwa Deep

Sub-Saharan Africa 1A natural gas well off Nigeria, which killed two workers and

Rig Type Total Rigs Contracted Available Utilization

Drillship 30 29 196% began a ? re that burned for 46 days, eventually consuming the 26 24 2 92%

Jackup

KS Endeavour jackup rig owned by Hercules Offshore.

20 17 3 85%Semisub

Chevron is rolling out WELLSAFE in stages, Payne said. 7 5 2 71%

Tenders

The supermajor expects to fully implement WELLSAFE for rig 83 75 890%

Total operations only in 2015, with the Gulf of Mexico business unit being the ? rst to attain certi? cation.

Rest of the World

Rig Type Total Rigs Contracted Available Utilization

Statoil

Drillship 2 2 0100%

Jackup 24 23 1 95%

Rognli discussed the Norwegian giant’s perspective on spill

Semisub 16 9 7 56% prevention, saying that prevention starts with well integrity,

Tenders

N/A N/AN/A N/A and by constructing a well that can deal with any pressure.

Total 42 34 880%

Statoil plans to implement new safety measures including early

Source: In? eldRigs kick detection, a smart ? owback system capable of detecting 16 May 2014 abnormal ? ow, and an ECD management system for bottom hole

This data focuses on the marketed rig ? eet and excludes assets that are under construction, retired, destroyed, deemed non-competitive or cold stacked.

pressure control. oedigital.com June 2014 | OE 23 021-OE0614_Analysis.indd 23 5/22/14 9:33 PM