Offshore Drilling Outlook to 2030

To help navigate and understand the current cycle in the offshore rig market, our Offshore Drilling Outlook provides a reference case for the evolving offshore jackup and floating rig (i.e., semisub and drillship) markets through 2030—delivering a view on market conditions and timing for market recovery.


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WHAT'S IN THE REPORT

Market overview

  • Impact of oil price decline on offshore production and resulting impact on the offshore drilling market
  • Actions taken by drilling contractors to mitigate the downturn
  • Utilization for floaters and jackups
  • Operating costs and margins
  • Number of active contracts for floaters and jackups
  • Total offshore capex

Floating rig outlook

  • Demand outlook for floating rigs with regional granularity through 2030
  • Fleet supply dynamics including outlook on fleet utilization
  • Fleet size and day rates
  • Current fleet deployment, owner compositions, and contract status
  • Total production in deepwater outlook
  • Short-term demand outlook
  • Key growth regions
  • Long-term supply-demand balance and market utilization

Jackup outlook

  • Demand outlook for jackups with regional granularity through 2030
  • Fleet supply dynamics including outlook on fleet utilization
  • Fleet size and day rate
  • Current fleet deployment, owner compositions, and contract status
  • Total production in shallow water outlook
  • Short-term demand outlook
  • Key growth regions
  • Long-term supply-demand balance and market utilization





You can purchase the full report by visiting our store.

The Offshore Drilling Outlook presents a characterization of the current market environment and outlook for offshore jackup and floater rig markets through 2030, including fleet supply, demand, and utilization through the current market cycle.
The standard report includes a PDF copy as well as Excel output tables.

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