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SDRL - Offshore Drilling: Drillships Fundamentals March 2019 Edition
Seadrill Limited
Three months ago, I wrote an article about the fundamental situation in the drillship segment of the offshore drilling market. Now that the earnings season is behind us, it’s high time to look at the current fundamentals and compare them to the situation in December 2018.
As always, I’m using the Bassoe Offshore database for this work. Fundamentals of the drillship market segment are relevant for investors and traders in companies that have drillships in their fleet: Transocean (RIG), Ensco (ESV), Rowan (RDC), Diamond Offshore (DO), Noble