RDC - Tracking Dayrate And Utilization Trends In The Offshore Drilling Industry - November 2018 Edition
It has become something of a tradition for me to publish a monthly update on the dayrate and utilization trends in the offshore drilling industry. The reason for this is because understanding these trends can help investors know what the overall business environment is exerting on the companies in the industry. These trends are important because they directly impact the amount of revenue that a rig can expect to generate for its owner. This report will be somewhat more optimistic than some of the previous ones in this series mostly because the data is quite