By Braden ReddallNov 21 (Reuters) - Transocean Ltd offered some hardrig numbers that validated industry concerns about slack demandfor certain oil and gas work, saying on Thursday its deepwaterunits
Jo Anne's insight:
Transocean cited predictions for 1,250 deepwater wells to be drilled in 2025, compared with about 500 this year. To meet this, there are 110 new rigs underconstruction, but about 120 were due to be replaced, and Bonno saw potential for 215 additional deepwater rigs to be built.
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