ESV - Will Jack-Up Rates Rise Rapidly?
My previous articles on supply fundamentals of the offshore drilling market, “Will Drillship Rates Rise Rapidly?” and “Will Semi-Subs Rates Rise Rapidly?” sparked lively discussion, so I decided to make the series complete and discuss the latest data on jack-up rigs. As in the previous installments, I will be using Bassoe Analytics database to get the data. The jack-up market data is of primary interest for shareholders and potential investors in companies which have jack-ups among their assets: Rowan (RDC), Ensco (ESV), Noble Corp. (NE),