2015 Fleet ralph lauren online Status

Published on May 26 2015

2015 Fleet ralph lauren online Status Analysis And Commentary This article has been published as a complement to my preceding articles on several offshore drillers including transocean(Nyse:Rig)In january 16, 2015, ensco plc. (Nyse:Esv)In december 16, 2014, pacific drilling(Nyse:Pacd)In january, vantage drilling(Nysemkt:Vtg)In january, seadrill ltd. (Nyse:Sdrl), Rowan Plc(Nyse:Rdc), OceanRig UDW (Nasdaq:Orig),Atwood Oceanics(Nyse:Atw), Diamond Offshores(Nyse:Do), Noble(Nyse:Ne), Paragon Offshore(Nyse:Pgn). I quick introduction The offshore drilling industry has been a booming industry for the past five years, and modus(Mobil offshore drilling units)Have been constructed at an unrelenting pace to respond to the persistent need of drilling offshore by the major e companies worldwide. The primary reason was that the market enjoyed a high level and a regular oil price, trading above $100 a barrel, driven by a strong demand, thereby reserves were dwindling quickly. This business paradigm started to erode slowly away under its own weight, around the second half of 2013;Where it was evident that the demand(Overall drilling contracts)Was getting lower than the numbers of rigs available(Old and newbuild rigs combined. ) To add salt to the wound, the usa shale"Revolution"Exacerbated this effect by adding record amount to the global oil production, whereas demand was slowing down, due to a sluggish economy. The result was a shifting of the balance between demand and supply, with now an oil production surplus reaching 1.5 Mbopd. This situation triggered a fierce competition among the oil producers(Saudi arabia, russia, iran, etc. )Who were not willing to lose their market share, preventing them to reduce their oil production in a timely manner(Opec meeting in vienna on november 2014,)And thus, greatly worsening the oil supply imbalance. Source:Vox We are experiencing now an unprecedented drop in oil price to an alarming level since july 2014;Down nearly 60%: Brent ralph lauren donna saldi spot price 1y chart: Brent crude oil spot price data by ycharts The new paradigm is quite clear.Offshore drillers will have to reduce significantly their rig fleet by two main actions: "Retiring"The old ralph lauren uomo piumini rigs which are cumbersome and obsolete. Ii evidence of a large mobus surplus in 2015: On the one hand, the market presents a large surplus of new rigs currently under construction, with a scheduled delivery mostly through 2017.On the other hand, the offshore market is crowded with a large number of lower specification rigs, which were built in the 1970s and 1980s.This recipe calls for troubles, and they are coming fast. According to rigzone, the total rig fleet in december 2014, was 1, 472 worldwide, including stacked and under construction rigs.A total of 832 rigs were contracted. In january 2015, rigzone indicated 745 rigs(Competitive,)Whereas 568 rigs were contracted giving an utilization rate ralph lauren donna tees of 76.3%. Attempt to quantify the 2015 worldwide mobu construction/new order. (Drillships, semi submersibles, jackups. )This table is based on the rig report from the ihs petrodata(Info as of june 3, 2014). It has been completed by checking the fleet status of the most important offshore drillers(Rdc, vtg, sdrl, rig, pgn, orig, do, songa, dolphin and many more)And using the very helpful rigzone rig data.Another very helpful site is infieldrigs.Chinafts derickstopazju3q15keppel fels singaporefts dericksjadeju3q15shanghaiguan ship.Chinafts dericksemeraldju2016shanghaiguan ship.Chinafts derickscoralju2016shanghaiguan ship.Chinagreat shipgreatdrill chaaruju3q15lamprell uaegrupo rcantarell iju2q15keppel fels singaporegrupo rcantarell iiju2q15keppel fels singaporegrupo rcantarell iiiju3q15keppel fels singaporegrupo rcantarell ivju4q15keppel fels singaporegrupo rparaiso iju4q15keppel fels singaporegrupo rparaiso iiju2015keppel fels singaporegulf drilling internationalhalulju2015keppel fels, singaporehercules offshore/perisaiperisai pacificju2q15ppl singaporehercules offshorehercules highlanderju2016jurong, singaporejapan drillinghakuryu 12ju1q15ppl singaporejapan drillinghakuryu 14ju2016ppl singaporejapan drillinghakuryu 15ju2016keppel fels singaporejindall drillingjindall pioneerju2015hamriyah lamprell uaekeppel felskeppel fels tbn 1ds2016keppel fels singaporekca deutag/statoilgullfak cat j tbn 2ju2016samsung heavy industries, south koreakca deutag/statoiloseberg cat jju2017geoje(Koje)

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