Times are tough in unbalanced market, but industry should recognize, prepare for increasing volatility as the new norm

摘要

The biggest challenge is simply rig rates. During downturns like this, just trying to stay alive and make it to the other side of this cycle is the No. 1 concern. Aging rig equipment may be an issue with some companies but not with us. About 99% of our rigs have been built new since 2006.