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To: Jewbacca

Sorry, but wrong again. Not to start a flame war but I hate it when people post their “opinion” rather than facts... Please do a bit of research when you don’t know what you’re talking about or just admit that you are incorrect... Please see http://rigzone.com/data/utilization_rigtype.asp which utilization of drill barges. For your information, drill barges are used in shallow water.

Additional info: http://www.ods-petrodata.com/odsp/day_rate_index.php

At this link, you might notice that in 2007 and 2008, the rig utilization actually drops in the fall and winter and the peak is in the summer...

Price is the King, not the season...

Sorry - this is my industry and I KNOW what I’m talking about (as it appears does TWfromTexas)...


59 posted on 04/22/2010 9:23:36 AM PDT by Grimas
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To: Grimas

“At this link, you might notice that in 2007 and 2008, the rig utilization actually drops in the fall and winter and the peak is in the summer.”

Yes, that is what I said.


62 posted on 04/22/2010 9:33:34 AM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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