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Spicer, if you go to RIG website you see many rigs of 5K depth that Transocean classifies as " other deepwater" as opposed to their select group of "ultra deepwater"
May 16 13:42 pm
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All Comments by TraderMark »Petrobras is Hoarding the World's Deep Sea Drillers [View article]
www.deepwater.com/fw/m...
Hence why I consider ATW to be ok to be a "deepwater" play with 3 of 8 rigs in that area.
That said, you are right about the usefulness of their application at Tupai