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GulfCoastOil

07/16/20 12:30 PM

#3818 RE: spec machine #3817

Thank you
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MktMvn

07/16/20 2:30 PM

#3820 RE: spec machine #3817

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.