{"id":8862,"date":"2019-03-12T00:00:00","date_gmt":"2019-03-12T00:00:00","guid":{"rendered":"https:\/\/www.westwoodenergy.com\/rigoutlook-a-quantitative-forecast-for-the-offshore-rig-market\/"},"modified":"2025-03-18T15:15:03","modified_gmt":"2025-03-18T15:15:03","slug":"rigoutlook-a-quantitative-forecast-for-the-offshore-rig-market","status":"publish","type":"post","link":"https:\/\/www.westwoodenergy.com\/news\/rigoutlook-a-quantitative-forecast-for-the-offshore-rig-market","title":{"rendered":"RigOutlook – A Quantitative Forecast for the Offshore Rig Market"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text css=”” text_direction=”default”]\r\n

Westwood’s latest white paper heralds an advancement in rig analytical tools and activity forecasting<\/strong><\/h2>\r\n\r\n


Since the oil price downturn of 2014, the way in which companies are consuming information is changing. Quick, easy-to-use analytical tools are the order of the day, giving analysts and business leaders access to key insights in mere seconds rather than days and hours.<\/p>\r\n\r\n

As part of a round of significant investment from Westwood, RigLogix has launched a new interactive forecasting tool for the global offshore rig market. RigOutlook, previously confined to a biannual PDF report, now gives users the ability to see forecast demand, supply, utilization and dayrates on a global and regional basis covering the next five years.<\/p>\r\n\r\n

This white paper is intended to give you an introduction to Riglogix\u2019 newest offering, highlight some initial outputs, as well as outlaying the methodologies, limitations and considerations.<\/p>\r\n\r\n

The white paper considers the following elements;<\/p>\r\n\r\n

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