The Offshore Drilling Industry and Rig Construction in the Gulf of Mexico

• Main Authors: Kaiser, Mark J. (Author), Snyder, Brian F. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic
• Language: English
• Published: London : Springer London : Imprint: Springer, 2013.
• Series: Lecture Notes in Energy, 8
• Subjects: Engineering economy.; Energy.; Energy Policy, Economics and Management.; Engineering Economics, Organization, Logistics, Marketing.
• Online Access: https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-1-4471-5152-4

Jackups, semisubmersibles and drillships are the marine vessels used to drill offshore wells and are referred to collectively as mobile offshore drilling units (MODUs). MODUs are supplied through newbuild construction and operate throughout the world�in highly competitive regional�markets. The Offsh...

Table of Contents:

• 1.Mobile Offshore Drilling
• 2.The Five Offshore Rig Markets
• 3.Rig Dayrates and Utilization
• 4.Players and Market Structure
• 5.Empirical Analysis of the Factors Impacting Dayrates
• 6.Newbuild and Stacking Decision-Making
• 7.Factors That Impact Firm Value
• 8.Contractor Valuation Models
• 9.Construction Markets and Contracts
• 10.Jackup Design Primer
• 11.Jackup Rig Construction
• 12.Construction Cost Factors
• 13.Newbuild and Replacement Cost Functions
• 14.Jackup Rig Weight Algorithm
• 15.Labor and Material Requirements for Jackup Construction in the U.S.