Offshore Drilling Market: Outlook to 2030

  • ID: 4457600
  • Report
  • McKinsey Energy Insights
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FEATURED COMPANIES

  • Anadarko
  • Cobalt
  • Ensco
  • Maersk Drilling
  • Petrobras
  • Shell
  • MORE

To help navigate and understand the current cycle in the offshore rig market, this report provides a reference case for the evolving offshore jackup and floating rig (i.e., semisub and drillship) markets through 2030 - delivering a view on market conditions and timing for market recovery.

The Offshore Drilling Outlook presents a characterization of the current market environment and outlook for offshore jackup and floater rig markets through 2030, including fleet supply, demand, and utilization through the current market cycle.

Market Overview

  • Impact of oil price decline on offshore production and resulting impact on the offshore drilling market
  • Actions taken by drilling contractors to mitigate the downturn
  • Utilization for floaters and jackups
  • Operating costs and margins
  • Number of active contracts for floaters and jackups
  • Total offshore capex

Floating Rig Outlook

  • Demand outlook for floating rigs with regional granularity through 2030
  • Fleet supply dynamics including outlook on fleet utilization
  • Fleet size and day rates
  • Current fleet deployment, owner compositions, and contract status
  • Total production in deepwater outlook
  • Short-term demand outlook
  • Key growth regions
  • Long-term supply-demand balance and market utilization

Jackup Outlook

  • Demand outlook for jackups with regional granularity through 2030
  • Fleet supply dynamics including outlook on fleet utilization
  • Fleet size and day rate
  • Current fleet deployment, owner compositions, and contract status
  • Total production in shallow water outlook
  • Short-term demand outlook
  • Key growth regions
  • Long-term supply-demand balance and market utilization
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Anadarko
  • Cobalt
  • Ensco
  • Maersk Drilling
  • Petrobras
  • Shell
  • MORE

1. Market Overview

  • Impact of oil price decline on offshore production and resulting impact on the offshore drilling market
  • Actions taken by drilling contractors to mitigate the downturn
  • Utilization for floaters and jackups
  • Operating costs and margins
  • Number of active contracts for floaters and jackups
  • Total offshore capex

2. Floating Rig Outlook

  • Demand outlook for floating rigs with regional granularity through 2030
  • Fleet supply dynamics including outlook on fleet utilization
  • Fleet size and day rates
  • Current fleet deployment, owner compositions, and contract status
  • Total production in deepwater outlook
  • Short-term demand outlook
  • Key growth regions
  • Long-term supply-demand balance and market utilization

3. Jackup Outlook

  • Demand outlook for jackups with regional granularity through 2030
  • Fleet supply dynamics including outlook on fleet utilization
  • Fleet size and day rate
  • Current fleet deployment, owner compositions, and contract status
  • Total production in shallow water outlook
  • Short-term demand outlook
  • Key growth regions
  • Long-term supply-demand balance and market utilization
Note: Product cover images may vary from those shown
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  • Anadarko
  • BP
  • Chevron
  • Cobalt
  • Diamond Offshore
  • ENI
  • Ensco
  • ExxonMobil
  • Hess
  • Maersk Drilling
  • Noble
  • Ocean Rig
  • Petrobras
  • Petronas
  • Saudi Aramco
  • Shell
  • Statoil
  • Transocean
  • Tullow
  • Woodside
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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