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Hercules Offshore Inc
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Deutsche Bank 20th Annual Leveraged Finance Conference
| John T. Rynd | Page 12 of 11 |
November 21, 2024
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"Deutsche Bank 20th Annual Leveraged Finance Conference"
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World Class 11 Central GOM Lease Sales Central GOM Lease Sales <= 200m vs. Rig Count Gulf of Mexico lease sales are an indicator of forward rig demand Recent Central GOM lease sale saw the most high bids for shallow water blocks since 2006 - 2008 timeframe, and double the number of high bids at the 2009 bottom Since 2006, marketed jackup rig count in the U.S. GOM has declined by approximately half Source: Bureau of Ocean Energy Management, ODS - Petrodata, Johnson Rice & Co.