Page 60: of Offshore Engineer Magazine (Mar/Apr 2024)

59 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 77 84 92% Drillship 29 29 100% Jackup 8 2 10 20%

Jackup 175 297 472 63% Jackup 3 4 7 57% Semisub 1 2 3 67%

Semisub 30 45 75 60% Semisub 3 7 10 70% Global Average Dayrates Floaters Jackups

Africa Middle East

Rig Type Available Contracted Total Utilization Rig Type Available Contracted Total Utilization Ultradeep water 469.8 High-spec 170.4

Drillship 15 15 100% Jackup 34 138 172 80% Deepwater 361.5 Premium 120.5

Jackup 14 15 29 52% Drillship Midwater 166.7 Standard 98.1

Semisub 5 5 100%

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 5 9 56% Jackup 24 27 51 53% assets that are under construction, retired, destroyed,

Jackup 78 78 156 50% 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 April 2024

Jackup 13 29 42 69% Semisub 6 6 100%

Source: Wood Mackenzie Offshore Rig Tracker

Semisub 7 18 25 72% discoveries & Reserves

Offshore New Discoveries

Water Depth 2019 2020 2021 2022 2023 2024

Deepwater 20 13 14 22 13 2

Shallow water 86 47 59 35 56 2

Ultra-deepwater 18 12 7 22 12 2 Shallow water (1-399m) Deepwater (400-1,499m)

Grand Total 124 72 80 81 81 6 Ultra-deepwater (1,500m+)

Offshore Undeveloped Recoverable Reserves

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

Deepwater 588 50,151 22,501

Contingent, good technical, probable development.

Shallow water 3,252 461,223 154,057

Ultra-deepwater 351 43,969 26,812

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

Grand Total 4,191 555,343 203,370 deemed recoverable from the reservoir.

Offshore Onstream & Under Development Remaining Reserves

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

Africa 574 18,959 11,390

Asia 832 14,948 7,521

Europe 761 12,345 11,583

Latin America and the Caribbean 193 6,643 39,937

Middle East 138 87,766 152,459

North America 471 2,555 12,756 Onstream and under development.

Oceania 85 10,823 1,090

Russia and the Caspian 60 17,013 12,716 The portion of commercially recoverable 2P reserves yet to be recovered from the reservoir.

Grand Total 3,114 171,053 249,451

Source: Wood Mackenzie Lens Direct 60 OFFSHORE ENGINEER OEDIGITAL.COM