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MktMvn

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MktMvn

Re: spec machine post# 3817

Thursday, 07/16/2020 2:30:15 PM

Thursday, July 16, 2020 2:30:15 PM

Post# of 7904
Have you heard something? Don’t know why they wouldn’t drill Tao-2 first since it’s already paid for. I guess they could have some deal cooking, but it seems unlikely.

Surprisingly jackup rig utilization has been pretty high after a drop earlier in the year. So rig rates are also holding steady to slightly lower. There isn’t any Covid bonus for drilling costs.
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