Childs, Terry

Terry Childs is the Head of RigLogix for Westwood Global Energy Group. He has over 35 years of experience tracking and writing about the offshore rig market. He started his career in 1981 at IHS legacy company Offshore Data Services. He left there in 2006 to market jackups for ENSCO in the Gulf of Mexico. In 2009, he returned to the market intelligence side of the business, with stints at RigData and DrillingInfo, before landing at Rigzone in December 2014. He became Director of the Data Services group in February 2016 and served in that capacity until March of 2018 year when Westwood Global Energy Group purchased the Data Services division of Rigzone.

Busy Year Ahead for Offshore Drilling Rigs: Global Marketed Utilization to Average 95%, Dayrates Grow

Jan 26, 2023

Rig activity stood out in several regions in 2022, and there is no reason to expect anything different in 2023, Westwood Energy's Terry Childs writes.In 2022, offshore rig activity for both jack-ups and floating rigs was robust in several key regions of the world…

Westwood: How Maersk Drilling/Noble Rig Fleet Stacks Up Against Rivals

Nov 15, 2021

Offshore drilling companies Maersk Drilling and Noble Corp. last week announced they'd merge to form one of the world's largest offshore oil drilling rig companies. Westwood Energy's Terry Childs analyzes the proposed deal and how the combined…

Offshore Drilling: It’s Going to Get Worse Before It Gets Better

Mar 23, 2020

With the oil price crash and COVID-19, the near-term outlook for the offshore rig market is on a lot of minds. RigLogix has contacted a number of rig owners and operators and the consensus seems to be that it’s going to get worse before it gets better…