Page 3rd Cover: of Offshore Engineer Magazine (Jan/Feb 2024)

57 4th 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 76 83 92% Drillship 1 27 28 96% Jackup 8 2 10 20%

Jackup 178 293 471 62% Jackup 3 4 7 57% Semisub 1 2 3 67%

Semisub 27 47 74 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 489.7 High-spec 147.2

Drillship 15 15 100% Jackup 33 140 173 81% Deepwater 325.0 Premium 141.9

Jackup 13 16 29 55% Drillship Midwater 407.3 Standard 98.1

Semisub 5 5 100%

North America Rig Type Available Contracted Total UtilizationAsia

Rig Type Available Contracted Total Utilization Drillship 1 21 22 95%

This data focuses on the marketed rig feet and excludes

Drillship 3 7 10 70% Jackup 22 29 51 57% assets that are under construction, retired, destroyed,

Jackup 84 70 154 45% Semisub 2 2 4 50% deemed noncompetitive or cold stacked.

Semisub 17 5 22 23%

Oceania

Europe Rig Type Available Contracted Total Utilization

Rig Type Available Contracted Total Utilization Drillship

Drillship 2 6 8 75% Jackup 1 1 100%

Data as of February 2024

Jackup 14 28 42 67% Semisub 5 5 100%

Source: Wood Mackenzie Offshore Rig Tracker

Semisub 5 20 25 80% discoveries & Reserves

Offshore New Discoveries

Water Depth 2019 2020 2021 2022 2023 2024

Deepwater 20 13 13 22 13

Shallow water 86 47 59 35 53

Ultra-deepwater 18 12 7 18 10 1 Shallow water (1-399m) Deepwater (400-1,499m)

Grand Total 124 72 79 75 76 1 Ultra-deepwater (1,500m+)

Offshore Undeveloped Recoverable Reserves

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

Deepwater 586 49,820 22,468

Contingent, good technical, probable development.

Shallow water 3,256 413,375 142,896

Ultra-deepwater 346 44,081 27,542

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

Grand Total 4,188 507,276 192,906 deemed recoverable from the reservoir.

Offshore Onstream & Under Development Remaining Reserves

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

Africa 585 18,658 11,256

Asia 830 14,852 7,470

Europe 759 12,627 11,493

Latin America and the Caribbean 193 6,630 39,954

Middle East 138 87,762 152,297

North America 467 2,570 12,812 Onstream and under development.

Oceania 87 11,027 1,086

Russia and the Caspian 60 17,078 12,753 The portion of commercially recoverable 2P reserves yet to be recovered from the reservoir.

Grand Total 3,119 171,204 249,121

Source: Wood Mackenzie Lens Direct 58 OFFSHORE ENGINEER OEDIGITAL.COM