RDC - Tracking Dayrate And Utilization Trends In The Offshore Drilling Industry - January 2019 Edition
For quite some time now, it has been a practice of mine to provide regular updates on the utilization and leading new contract dayrate trends in the offshore drilling industry. This provides investors with an overview of the most relevant factors affecting the industry as these two factors have a very major impact on the cash flows and financial fortunes of those firms in the industry. The data for these updates comes largely from the Offshore Rig Day Rate Trends report, which is produced every month by leading industry consulting firm IHS Markit. Overall, what