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Global drillers - corporate outlook

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Report summary

As operatorsbegan to focus on tighter capital discipline in the latter half of 2013, we've seen a slow down indemandfor both on and offshore rigs. Consequentlyglobal deepwater rig rates have eased. Efficiency gains in North American land drilling have led to a flattening in the demand for rigs which are capable of drilling horizontal wells.

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    Global drillers - corporate outlook.pdf

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