Borr Drilling released its new investor presentation today and it shows a potential demand of 40+ jackups units needed to fill prospect regions heading out of 2021 into 2022.
One other thing to note is that the day rate for these units looks to be increasing as utilization begins to enter the 90-percentile range.
Borr’s current backlog is sitting at $458m at the end of May.
Source: Borr Drilling
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