Cook Inlet jack-up rig talks continueJack-up rig market tight worldwide, utilization high, day rates climbing with no end in sight, say offshore drilling companies Steve Sutherlin Petroleum News Associate Editor
In Alaska’s Cook Inlet would-be offshore explorers are hopeful a proposed multi-million dollar assistance package from the state will bring a jack-up rig they need to drill oil and gas prospects. Talks are quietly proceeding, but only one thing is certain at this point — a jack-up rig is the number....
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Jack-ups in demand Rig supply not likely to increase
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