Of the 370 jackup rigs worldwide (94 of them in the Gulf of Mexico), 99.7% are under contract.
FORBES: Rig Game
Bank of America analyst James Wicklund sees rates for jackup rigs climbing faster.
The last time jackup rigs were maxed out was in November 2000.
This effort, pertaining to jackup rig needs, remains most evident in Mexico, the North Sea, the Middle East and increasingly in Asia.
FORBES: Noble Reveals High Demand For Deepwater Drilling Despite Oil Price Decline
The company has exercised options to add three additional high specification jackup rigs to its construction backlog and a fourth ultra-deepwater drillship, Williams said.
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