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dbernet

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dbernet

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Re: Tapco1 post# 180370

Wednesday, 09/23/2009 8:05:12 PM

Wednesday, September 23, 2009 8:05:12 PM

Post# of 362903
Nope,

Don't think so. They (this class of drill ships) are more efficient than most deep water rigs. 20 to 30% if I remember correctly. Has more to do with being able to put together one string while pulling another. High day rates are more than compensated for by this increase in efficiency.

db
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