Oil and Gas News
Deepwater Drilling Market Estimated at Half 2014 Value
Companies in the deepwater drilling market have lost more than half of their value over the last year; Transocean, Seadrill, ENSCO and Diamond are currently priced 56% lower on average compared to January 2014 in line with the decrease in oil prices, Douglas-Westwood, an energy market intelligence company, wrote in its DW Monday report.