RigCube is Rystad Energy's comprehensive supply and demand database for the offshore rig market covering the activity of mobile offshore drilling units (floaters and jackups) globally. The unique starting point is the bottom-up well-by-well demand for rig services over the lifetime of more than 13 000 offshore oil and gas fields. The supply side covers almost 900 floaters and jackups with ownership, contractual data and technical specifications. The historical drilling activity allows insight into utilization and contractor - field operator relationships down to a field level.
The database can be used to analyze the supply of rigs on a daily, monthly, quarterly or yearly basis. Analyze the fleet development of rig owners and the rig commitments of E&P companies as well as analyzing the newbuild construction and retirement trends. RigCube can also be used for rig selection - to inspect equipment specifications, rig availability and rig rate development in certain regions for selected rig types. Also study the activity of rigs utilizing real-time data in a map functionality.
RigCube is normally consumed as one integrate OLAP cube, but normalized tables are available as datafeed to serve clients' own use.
Tables include:
- Demand (exploration, development, P&A, Intervention) for well, drilling days and rig years for all offshore fields from 2000 to 2030
- Supply by rig name, rig type, rig owner, manager, contractual status, technical equipment, age from 2000 to 2030
- Fixtures with operator, rig owner, contract type, start date, end date
- Rates by earned rate or fixed rate and contract type and rig owner – field operator
- Utilization measure in gross or marketed utilization by asset class, owner, operator, country and region
- Rig Score is a static rig score to measure the competitiveness of each unit
- GANTT charts to study schedules of contracted rigs by country, rig owner, operator and newbuilds
- Ownership (owner, legal owner, manager of each rig
- Newbuild to study new orders of rigs by yard and owner
- Retirement to study the historical scrapping of rigs by owner
….and some more
Fields include:
-field name
-field level ownership
-demand timeseries
-supply timeseries
-breakeven oil price
-field lifecycle
-rig age
-contract status
-contract type
-current contracts
-next contracts
-contract start
-contract end
…..and 200 more