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Offshore Drilling by Bull Winkle is a document available to read on EtoBox.

The document discusses the offshore contract drilling market and how to position for different stages of the industry cycle. It analyzes trends for ultra-deepwater and jack-up rigs, including utilization rates, dayrates, backlogs, newbuild orders and fleet age. The conclusion is that the market appears favorable, with demand expected to remain high through 2013 for floaters and an improving outlook for jack-ups as well. A case study on Rowan Companies recommends it as a buy, citing its ultra-deepwater and h

Author

Bull Winkle

Language

EN