A Look Back. Ten Years Since A Major Market Collapse.

Posted
Matthew Rigdon, Executive VP and COO

Ten years ago, in the fall of 2013, oil prices were almost exactly where they are today. The deepwater floating rig count in the US Gulf of Mexico was near all time highs. Demand for deepwater OSVs was far outstripping supply and charter rates were at record highs. There was still a lot of optimism…