Page 58: of Offshore Engineer Magazine (Jul/Aug 2024)

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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 70 77 91% Drillship 26 26 100% Jackup 8 2 10 20%

Jackup 179 293 472 62% Jackup 3 5 8 63% Semisub 1 2 3 67%

Semisub 30 42 72 58% Semisub 3 8 11 73% Global Average Dayrates Floaters Jackups

Africa Middle East

Rig Type Available Contracted Total Utilization Rig Type Available Contracted Total Utilization Ultradeep water 470.0 High-spec 167.5

Drillship 15 15 100% Jackup 37 136 173 79% Deepwater 361.5 Premium 139.6

Jackup 14 14 28 50% Drillship Midwater 403.9 Standard 98.1

Semisub 2 2 100%

North America Rig Type Available Contracted Total UtilizationAsia

Rig Type Available Contracted Total Utilization Drillship 2 22 24 92%

This data focuses on the marketed rig feet and excludes

Drillship 3 5 8 63% Jackup 25 26 51 51% assets that are under construction, retired, destroyed,

Jackup 81 76 157 48% Semisub 1 3 4 75% deemed noncompetitive or cold stacked.

Semisub 18 4 22 18%

Oceania

Europe Rig Type Available Contracted Total Utilization

Rig Type Available Contracted Total Utilization Drillship

Drillship 2 1 3 33% Jackup 1 1 100%

Data as of June 2024

Jackup 10 30 40 75% Semisub 6 6 100%

Source: Wood Mackenzie Offshore Rig Tracker

Semisub 7 17 24 71% discoveries & Reserves

Offshore New Discoveries

Water Depth 2019 2020 2021 2022 2023 2024

Deepwater 20 13 14 22 15 9

Shallow water 88 48 59 38 60 11

Ultra-deepwater 18 12 7 22 12 3 Shallow water (1-399m) Deepwater (400-1,499m)

Grand Total 126 73 80 82 87 23 Ultra-deepwater (1,500m+)

Offshore Undeveloped Recoverable Reserves

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

Deepwater 593 50,827 23,217

Contingent, good technical, probable development.

Shallow water 3,269 460,474 154,206

Ultra-deepwater 349 43,861 26,889

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

Grand Total 4,211 555,161 204,311 deemed recoverable from the reservoir.

Offshore Onstream & Under Development Remaining Reserves

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

Africa 578 19,145 11,641

Asia 841 16,630 7,453

Europe 762 12,359 11,576

Latin America and the Caribbean 193 6,992 40,777

Middle East 138 89,351 150,671

North America 468 2,565 12,885 Onstream and under development.

Oceania 85 10,829 1,092

Russia and the Caspian 59 16,960 12,647 The portion of commercially recoverable 2P reserves yet to be recovered from the reservoir.

Grand Total 3,124 174,832 248,743

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