Attractive prospects at current oil and gas prices and a shortage of rig equipment are catapulting dayrates for offshore as well as onshore rigs."Jackups in the Gulf of Mexico have begun to sign meaningfully higher rates,well beyond our original expectations," reports Ange-line M.Sedita,senior vice president of oil-service equity research at Lehman Brothers.She expected,with eight rigs destroyed in recent hurricanes,up to 30% higher dayrates in the Gulf;instead,several new contracts are for 60% higher rates,she reports.
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