Global ultra-deepwater equivalent rig implied steel value 2023, by company

Implied steel value per ultra-deepwater equivalent rig as of March 2023, by company

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Release date

March 2023

Region

Worldwide

Survey time period

March 2023

Supplementary notes

Steel values were calculated by the source using market value of equity, book value of debt, underfunded pension liabilities, newbuild capital commitments, and NPV of reactivation costs, less cash and NPV of backlog.
The Valaris steel value per ultra-deepwater equivalent rig attributes 403 million U.S. dollars to ARO Drilling based on the principal value of the shareholder note receivable.

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