Transocean (NYSE:RIG) and Hero Offshore (Nasdaq:HERO) have the largest
number of oil rigs in the Gulf of Mexico, where the Deepwater Horizon
oil rig exploded and resulted in the huge oil spill.
Transocean has the largest number of oil rigs in the Guld with 13,
followed by Hero Offshore's 12. The others rounding out the top five include Diamond Offshore (NYSE:DO) with 10, Ensco (NYSE:ESV) with 8, and Rowan (NYSE:RDC) with 7.
Depending on their future strategy and presence in the Gulf, all these companies will probably ultimately have to pay more to do business in the region, as well as its oil production levels will possibly drop.
Monday, May 3, 2010
Transocean (NYSE:RIG), Hero Offshore (Nasdaq:HERO) Have Most Gulf Rigs
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2 comments:
The higher drilling costs are paid by RIG's customers,
not RIG.
PS
RIG already transferred one Gulf rig to Egypt in 2010
The higher drilling costs are paid by RIG's customers,
not RIG.
PS
RIG already transferred one Gulf rig to Egypt in 2010
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