OSV Demand Jumps Compared to 2023

Posted
Matthew Rigdon, Executive VP and COO

Over the last seven quarters, the floating deepwater rig count in the USGOM continues to remain static between 20 and 22 rigs. Yet, demand for deepwater OSVs is significantly higher than just one year ago. While a summer uptick is expected, this does not explain the rise in demand relative to this time last year….