Headlines

  • Continued strengthening in US Land drilling activity
  • Dayrate revenue increased 6.7 %
  • Utilization rate of 99.4 %
  • EBITDA was MUSD 4.9

Headlines

  • Continued strengthening in US Land drilling activity
  • Utilization rate of 99.3 %
  • EBITDA was MUSD 3.9
  • Year to date TRIR of 0.80

Headlines

  • Continued strengthening in US Land drilling activity
  • Utilization rate of 99.6%
  • EBITDA was MUSD 2.9
  • Year to date TRIR of 0.61, one recordable incident in 2017

Headlines

  • Continued strengthening in US Land drilling activity
  • Utilization rate of 99.4%
  • EBITDA was MUSD 2.1
  • No recordable safety incidents resulting in a year to date TRIR of 0.0

Headlines

  • Uptick in rig demand, all 9 rigs back to work by year-end 2016
  • Utilization rate of 79.4%
  • EBITDA was MUSD – 0.2
  • Finished 2016 with lowest TRIR in history of 0.84

Headlines

  • Continued market weakness, but an uptick in rig demand
  • Utilization rate of 63.1%
  • EBITDA was MUSD – 1.3
  • First recordable safety incident of 2016, resulting in a year-to-date TRIR 0.6

Headlines

  • Continued market weakness, but a slight uptick in rig demand following quarter-end
  • Utilization rate of 50.5%
  • EBITDA was MUSD 0.9
  • No recordable safety incidents resulting in a year-to-date TRIR of zero
  • Global Rig Company AS changed name to NorAm Drilling Company AS

Headlines

  • Continued market weakness in the first quarter of 2016
  • Utilization rate of 57.0%
  • EBITDA, was MUSD 3.8
  • No recordable safety incidents resulting in a year to date TRIR of 0.0

Headlines

  • Falling crude oil prices = weak contract drilling market
  • Utilization rate of 62%
  • 6 rigs working under contract at year-end 2015
  • Restructured the rig ownership within the Group, lowering sales taxes by MUSD 2 annually
  • EBITDA, excluding a MUSD 2.0 non-cash write-off was MUSD 3.3
  • Finished 2015 with a TRIR of 1.09