Page 66: of Offshore Engineer Magazine (Sep/Oct 2024)

65 67

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 8 69 77 90% Drillship 28 28 100% Jackup 8 2 10 20%

Jackup 175 300 475 63% Jackup 3 5 8 63% Semisub 1 2 3 67%

Semisub 25 44 69 64% Semisub 2 7 9 78%

Global Average Dayrates

Africa Middle East Floaters Jackups

Rig Type Available Contracted Total Utilization Rig Type Available Contracted Total Utilization Ultradeep water 479.9 High-spec 166.0

Drillship 14 14 100% Jackup 35 137 172 80% Deepwater 254.1 Premium 127.3

Jackup 13 18 31 58% Drillship Midwater 403.9 Standard 92.4

Semisub 1 1 2 50%

North America Rig Type Available Contracted Total Utilization

Asia

Rig Type Available Contracted Total Utilization Drillship 1 20 21 95% !

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

Jackup 78 80 158 51% Semisub 2 3 5 60% deemed noncompetitive or cold stacked.

Semisub 14 6 20 30%

Oceania Rig Type Available Contracted Total Utilization

Europe

Rig Type Available Contracted Total Utilization Drillship

Drillship 3 1 4 25% Jackup 1 1 100%

Data as of October 2024

Jackup 10 28 38 74% Semisub 6 6 100%

Source: Wood Mackenzie Offshore Rig Tracker

Semisub 4 18 22 82% discoveries & Reserves

Offshore New Discoveries

Water Depth 2019 2020 2021 2022 2023 2024

Deepwater 20 13 14 22 15 16

Shallow water 88 49 60 40 61 17

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

Grand Total 126 74 81 84 88 36 Ultra-deepwater (1,500m+)

Offshore Undeveloped Recoverable Reserves

Water Depth Number Recoverable Recoverable

Deepwater 602 50,069 24,883

Contingent, good technical, probable development.

Shallow water 3,274 460,406 155,829

Ultra-deepwater 346 44,411 26,786

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

Grand Total 4,222 554,886 207,497 deemed recoverable from the reservoir.

Offshore Onstream & Under Development Remaining Reserves

Africa 586 19,418 13,761

Asia 850 16,856 7,947

Europe 750 12,406 11,728

Latin America and the Caribbean 197 7,863 40,948

Middle East 140 88,227 150,124

North America 467 2,596 13,214 Onstream and under development.

Oceania 85 10,890 1,099

Russia and the Caspian 59 17,006 12,639 The portion of commercially recoverable 2P reserves yet to be recovered from the reservoir.

Grand Total 3,134 175,262 251,460

Source: Wood Mackenzie Lens Direct 66 OFFSHORE ENGINEER OEDIGITAL.COM