Page 43: of Offshore Engineer Magazine (Sep/Oct 2023)

42 3rd Cover

by the numbers

RIGS

Worldwide Latin America & the Caribbean Russia & Caspian

Rig Type Available Contracted Total Utilization Rig Type Available Contracted Total Utilization Rig Type Available Contracted Total Utilization

Drillship 7 75 82 91% Drillship 24 24 100% Jackup 8 2 10 20%

Jackup 169 302 471 64% Jackup 3 4 7 57% Semisub 1 2 3 67%

Semisub 25 52 73 66% Semisub 2 9 11 82%

Global Average Dayrates

Africa Middle East Floaters Jackups

Rig Type Available Contracted Total Utilization Rig Type Available Contracted Total Utilization Ultradeep water 410.4 High-spec 143.8

Drillship 1 15 16 94% Jackup 33 134 167 80% Deepwater 325.0 Premium 140.1

Jackup 12 18 30 60% Drillship 1 1 100% Midwater 398.7 Standard 90.8

Semisub 4 4 100%

North America Rig Type Available Contracted Total Utilization

Asia

Rig Type Available Contracted Total Utilization Drillship 1 23 24 96%

Drillship 5 6 11 55% Jackup 20 32 52 62% assets that are under construction, retired, destroyed,

Jackup 78 78 156 50% Semisub 2 2 4 50% deemed noncompetitive or cold stacked.

Semisub 17 6 26 26%

Oceania Rig Type Available Contracted Total Utilization

Europe

Rig Type Available Contracted Total Utilization Drillship

Drillship 7 7 100% Jackup 1 1 100%

Data as of October 2023

Jackup 14 30 44 68% Semisub 4 4 100%

Source: Wood Mackenzie Offshore Rig Tracker

Semisub 3 20 23 87% discoveries & Reserves

Offshore New Discoveries

Water Depth 2018 2019 2020 2021 2022 2023

Deepwater 16 20 14 13 22 7

Shallow water 56 86 44 55 33 31

Ultra-deepwater 18 18 11 7 18 5 Shallow water (1-399m) Deepwater (400-1,499m)

Grand Total 90 124 69 75 73 43 Ultra-deepwater (1,500m+)

Offshore Undeveloped Recoverable Reserves

Water Depth Number Recoverable Recoverable

Deepwater 580 47,932 22,979

Contingent, good technical, probable development.

Shallow water 3,233 414,073 143,413

Ultra-deepwater 341 45,824 27,981

The total proven and probably (2P) reserves which are

Grand Total 4,154 507,830 194,378 deemed recoverable from the reservoir.

Offshore Onstream & Under Development Remaining Reserves

Africa 578 18,643 12,387

Asia 837 15,868 8,100

Europe 753 13,458 12,207

Latin America and the Caribbean 192 6,979 41,319

Middle East 135 80,521 150,874

North America 471 2,944 13,636 Onstream and under development.

Oceania 89 11,753 1,176

Russia and the Caspian 60 17,509 13,330 The portion of commercially recoverable 2P reserves yet to be recovered from the reservoir.

Grand Total 3,115 167,674 253,029

Source: Wood Mackenzie Lens Direct 44 OFFSHORE ENGINEER OEDIGITAL.COM