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BDRLF - Offshore Drilling: Jack-Up Fundamentals - August 2019 Edition
Borr Drilling Ltd
We have recently discussed August 2019 floater fundamentals, and now we turn to the jack-up segment of the offshore drilling market. The situation in this segment is important for investors and traders in offshore drilling companies with jack-up presence: Valaris (VAL), Noble Corp. (NE), Seadrill (SDRL), Borr Drilling (BDRLF). Bassoe Offshore database and data from my previous articles on the topic were used to prepare this article.
We start by looking at the general picture of the jack-up market: