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Offshore Rig Count
05/09
05/02
 
US GOM 124 125
S. America 94 93
Europe/Med Sea 99 99
West Africa 59 59
Asia/Australia 105 105
Day Rate Indices
May 08
 
WW 5001'+ Floating 818
WW 2001'+ Floating 883
US GOM Jackup 303
North Sea Jackup 804
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Energy Risk Management
Alam Maritim adding five more OSVs
sel-05 KUALA LUMPUR: Alam Maritim Resources Bhd expects to add at least five new 5,000 bhp offshore support vessels from the end of May through November of this year. The five vessels are available for charters to support oil and gas operations in Asia and the Middle East. Two of the five vessels are scheduled for delivery in the second quarter of Read More
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A jackup drilling rig is a bottom-supported MODU consisting of a triangular hull and three legs and a jacking system. Very early versions of jackups were square or rectangular and could have a number legs ranging from four to as many as six, or in one case, eight legs. Briefly, a jackup rig is towed to the wellsite, its legs are lowered by the jacking system to the seafloor and the hull is elevated (or jacked up) until it is above the water, providing a stable work platform for drilling or other operatio