Offshore rig count floating up: McKinsey

MCKINSEY’S offshore drilling outlook to 2030 finds that last year the rig count was its lowest since the turn of the century despite the oil price being double the early 2000s.

Offshore rig count floating up: McKinsey Offshore rig count floating up: McKinsey Offshore rig count floating up: McKinsey Offshore rig count floating up: McKinsey Offshore rig count floating up: McKinsey
It said that historically the jackup count follows the oil price curve with a year's lag, but "due to the long lead times of deepwater, floater count was less sensitive to the fluctuations of the oil