EQNR - Tracking Dayrate And Utilization Trends In The Offshore Drilling Industry - March 2019 Edition
It has become something of a tradition for me to publish regular monthly updates on the utilization and dayrate trends in the offshore drilling industry. These are two very important determinants of profitability for the companies in the industry as these are the measures that tell us how much money firms can expect to generate from their fleets. As is usually the case, the raw data for these updates comes from the Offshore Rig Day Rate Trends report that is published by leading industry consulting and analytics firm IHS Markit on a monthly basis. Curiously,