Page 55: of Offshore Engineer Magazine (Nov/Dec 2023)

54 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 73 80 91% Drillship 1 26 27 96% Jackup 8 2 10 20%

Jackup 174 297 471 63% Jackup 3 4 7 57% Semisub 1 2 3 67%

Semisub 26 47 73 64% Semisub 2 8 10 80% Global Average Dayrates Floaters Jackups

Africa Middle East

Rig Type Available Contracted Total Utilization Rig Type Available Contracted Total Utilization Ultradeep water 410.9 High-spec 141.7

Drillship 1 14 15 93% Jackup 33 135 168 80% Deepwater 325.0 Premium 140.5

Jackup 13 16 29 55% Drillship Midwater 421.4 Standard 98.1

Semisub 6 6 100%

North America Rig Type Available Contracted Total UtilizationAsia

Rig Type Available Contracted Total Utilization Drillship 1 22 23 96%

This data focuses on the marketed rig feet and excludes

Drillship 4 6 10 60% Jackup 20 32 52 62% assets that are under construction, retired, destroyed,

Jackup 80 76 156 49% Semisub 2 2 4 50% deemed noncompetitive or cold stacked.

Semisub 17 6 23 26%

Oceania

Europe Rig Type Available Contracted Total Utilization

Rig Type Available Contracted Total Utilization Drillship

Drillship 5 5 100% Jackup 1 1 100%

Data as of December 2023

Jackup 16 28 44 64% Semisub 3 3 100%

Source: Wood Mackenzie Offshore Rig Tracker

Semisub 4 20 24 83% discoveries & Reserves

Offshore New Discoveries

Water Depth 2018 2019 2020 2021 2022 2023

Deepwater 16 20 14 13 22 7

Shallow water 58 86 45 58 36 41

Ultra-deepwater 18 18 12 7 18 9 Shallow water (1-399m) Deepwater (400-1,499m)

Grand Total 92 124 71 78 76 57 Ultra-deepwater (1,500m+)

Offshore Undeveloped Recoverable Reserves

Water Depth Number Recoverable Recoverable of felds reserves gas mboe reserves liquids mbl

Deepwater 581 49,102 22,724

Contingent, good technical, probable development.

Shallow water 3,246 412,975 142,726

Ultra-deepwater 344 43,765 27,567

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

Grand Total 4,171 505,842 193,017 deemed recoverable from the reservoir.

Offshore Onstream & Under Development Remaining Reserves

Region Number Remaining Remaining of felds reserves gas mboe reserves liquids mbl

Africa 584 18,054 11,271

Asia 843 14,784 7,411

Europe 752 12,510 11,423

Latin America and the Caribbean 193 6,628 39,954

Middle East 137 78,682 149,515

North America 471 2,691 12,559 Onstream and under development.

Oceania 89 10,984 1,074

Russia and the Caspian 60 17,077 12,728 The portion of commercially recoverable 2P reserves yet to be recovered from the reservoir.

Grand Total 3,129 161,410 245,935

Source: Wood Mackenzie Lens Direct november/december 2023 OFFSHORE ENGINEER 55