The report, “Global Jack-up Rig Market” analyzes the development of the respective market, with a focus on regions including the South East Asia, Middle East and Mexico. For more mail me: pr@konceptanalytics.com

1. Global Jack-up Rig Market Report
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2014

2. Executive Summary
Jackup rigs are mobile, self-elevating drilling platforms equipped with legs that can be lowered to the ocean floor until a foundation is
established to support the drilling platform. Once a foundation is established, the drilling platform is then jacked further up the legs so that the
platform is above the highest expected waves. Generally, Jackup rigs are subject to a maximum water depth of approximately 350 to 400 feet
according to leg length, while some Jackup rigs have hulls that allow them to drill in water depths as shallow as ten feet. The principle difference
between Jackup rigs lies in the areas of leg length, seabed/leg interaction (mat versus independent leg), and drilling mode capabilities
(cantilever versus slot).
The global market for Jackup rigs witnessed a decline in 2009 for the first time since 2004, mainly as a result of the global economic crisis. The
market registered a notable fall in the demand of Jackup rigs, in addition to a historic fall in the rigs utilization rate, reaching below 80%. The
market in 2013 reported the highest orders ever in the history of Jackup building due to which market reported high day rates. Furthermore, the
notably increasing offshore exploration and productivity operations across the globe are certain to fuel the growth of the worldwide Jackup rigs
market in the years to come.
Factors like growing oil demand due to rising population rates, increasing E&P expenditures, and improving worldwide economic conditions are
boosting the growth in Jack-up rig market. Despite the existence of various growth drivers, there are certain challenges faced by the industry
including environmental concerns, offshore accidents, and depletion of oil reserves which can potentially hinder the growth of the industry.
The report, “Global Jack-up Rig Market” analyzes the development of the respective market, with a focus on regions including the South East
Asia, Middle East and Mexico. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report.
The industry is predominated by a handful of players including Keppel Corporation, Sembcorp Marine, and COSCO Corporation contending and
vying for capturing market share. The profiles of these leading players are also included in the report along with their key financials and
strategies for growth.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the
industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to
determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor
variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

3. There are more Jackup rigs in the worldwide offshore rig fleet than any other type of mobile offshore
drilling rig…..
 Jackup rigs accounted for maximum share of … of global
offshore rig fleet in the year 2013. It was followed by
Platform Rig and Semisubmersible with market share of
… each.
 The global Jackup fleet witnessed an annual growth rate
of …% to reach … Jackups in 2013 from … Jackups in
2012.
 As many as … new Jackup orders were placed in 2013,
the highest ever in the history of Jackup building.
 In 2013 alone, a total of … jackup rigs were delivered
with Singapore’s Keppel shipyard claiming the largest
share and record for the largest number of rig deliveries.
Jack-up Rig Order Trend (2004-2013)
Jack-up Rig Market by Fleet Size (2004-2013)
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Units
Jack-up Delivery Trend (2004-2013)
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Units
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Units

4. Jackup rigs are generally preferred over other rig types in water depths of 400 feet or less, primarily
because Jackup rigs provide a more stable drilling platform with above water blowout prevention
equipment….
 Middle East is the largest market for jackups, with …% share of
overall market in terms of number of rigs demanded. Southeast
Asia is the second largest market with ….% of the global total
market share, followed by Central America with …. % share of
global jackup rig demand.
 Southeast Asia has … Jackup rigs in 2013 as compared … in
2012. Malaysia is the largest market in Southeast Asia for Jack-
up drilling rig as it has highest Jackup count at …, followed by
Indonesia and Vietnam.
 There are … Jackup rigs in Middle East as of 2013, out of which
… Jackups are actively performing drilling and work over
operations in the Persian Gulf and rest … rigs in Red Sea.
 Mexico is one of the largest markets for Jackup rigs which has
nearly … rigs as of 2013 as against … in 2012.
Jack-ups in Middle East (2008-2013)
Jack-ups in Southeast Asia (2008-2013)
2008 2009 2010 2011 2012 2013
Units
Jack-ups in Mexico (2008-2013)
2008 2009 2010 2011 2012 2013
Units
2008 2009 2010 2011 2012 2013
Units

5. The expected growth in jackup rig market is attributed to the recovering global economy, coupled with the
rising world population which will not only increase worldwide energy consumption but also the
demand…..
• The global Jackup rigs fleet was …. units in 2013 and the forecast is indicating an additional …. units in the Jackup fleet by the end
of 2017.
• World Population has a high correlation with the demand for the global Jackup rigs as rise in the world population results in
increase in energy demand. The increase in the energy demand drives the energy prices upwards which results in increase in the
production and exploration activity. Thus, overall impact is an increase in the demand for Jackups.
• Global Exploration and Production (E&P) expenditure has a high correlation with the global Jackup market. The increase in the
global E&P expenditure results in increase in demand for Jackups which acts as platform for the exploration and production
activity. A rise in demand for Jackups globally will increase the Jackup rig rate resulting in overall industry growth.
• Global oil demand has a high correlation with the demand for the global Jackup market as increase in the demand for oil results in
increase in the demand for the Jackups due to increase in production & exploration activity. Also, increase in oil consumption
results in higher crude oil prices which makes offshore oil exploration and production more feasible.
Global Jack-up Rig Market Forecast (2013-20147F)
2013 2014E 2015E 2016E 2017E
NumberofRigs