Can the USGOM sustain higher numbers of active rigs?

Posted
Matthew Rigdon, Executive VP and COO

d8b6549a-4791-485d-b804-d3f47e3842da

I remain intently focused on the deepwater rig market, as even small changes in the already low deepwater rig count can have significant impacts on the OSV market. I am cautiously optimistic that we will likely not see the rig count drop below 13. Rigs have increased to 16 since last month, but forecasted analysis…