Page 3rd Cover: of Offshore Engineer Magazine (Nov/Dec 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 10 66 76 87% Drillship 29 29 100% Jackup 8 2 10 20%

Jackup 187 295 482 61% Jackup 3 5 8 63% Semisub 1 2 3 67%

Semisub 24 46 70 66% 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 474.0 High-spec 163.5

Drillship 12 12 100% Jackup 45 128 173 74% Deepwater 254.1 Premium 131.0

Jackup 13 19 32 59% Drillship Midwater 400.4 Standard 93.3

Semisub 2 2 100%

North America Rig Type Available Contracted Total UtilizationAsia

Rig Type Available Contracted Total Utilization Drillship 2 20 22 91%

This data focuses on the marketed rig feet and excludes

Drillship 4 3 7 43% Jackup 26 25 51 49% assets that are under construction, retired, destroyed,

Jackup 80 80 160 50% Semisub 2 3 4 50% deemed noncompetitive or cold stacked.

Semisub 14 7 21 33%

Oceania

Europe Rig Type Available Contracted Total Utilization

Rig Type Available Contracted Total Utilization Drillship

Drillship 3 1 4 25% Jackup 2 2 100%

Data as of December 2024

Jackup 10 31 41 76% Semisub 6 6 100%

Source: Wood Mackenzie Offshore Rig Tracker

Semisub 4 19 23 83% discoveries & Reserves

Offshore New Discoveries

Water Depth 2019 2020 2021 2022 2023 2024

Deepwater 20 13 14 22 15 17

Shallow water 88 49 60 42 61 27

Ultra-deepwater 18 12 7 22 12 4 Shallow water (1-399m) Deepwater (400-1,499m)

Grand Total 126 74 81 86 88 48 Ultra-deepwater (1,500m+)

Offshore Undeveloped Recoverable Reserves

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

Deepwater 600 47,984 22,600

Contingent, good technical, probable development.

Shallow water 3,283 461,328 155,554

Ultra-deepwater 346 43,732 26,123

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

Grand Total 4,229 553,004 204,277 deemed recoverable from the reservoir.

Offshore Onstream & Under Development Remaining Reserves

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

Africa 593 18,395 11,260

Asia 854 15,935 7,164

Europe 730 11,433 10,726

Latin America and the Caribbean 200 7,623 39,729

Middle East 140 84,098 145,297

North America 476 2,500 13,042 Onstream and under development.

Oceania 85 10,230 1,023

Russia and the Caspian 60 16,974 12,145 The portion of commercially recoverable 2P reserves yet to be recovered from the reservoir.

Grand Total 3,138 167,188 240,386

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