Question-and-Answer Session
Operator
Thank you, sir. We will now begin the question-and-answer session. (Operator Instructions). And our first question is from the line of Mike Drickamer with Morgan Keegan. Please go ahead.
Wm. Stacy Locke
Good morning, Mike.
J. Michael Drickamer - Morgan Keegan
Hi. I just needed a follow-up on your guidance included drilling mix -- of course a lot of moving piece in there between the rigs flowing of term contract in the turnkey well. Do you think margin are going to decrease during the quarter, or be somewhere between 5,000, 6,000 per day?
Lorne Phillips
Yes.
J. Michael Drickamer - Morgan Keegan
And then average daily revenue perhaps since last?
Wm. Stacy Locke
Well on drilling?
J. Michael Drickamer - Morgan Keegan
Yeah.
Wm. Stacy Locke
I don't know where the revenues are linked out, because we are likely to say, we have a lot of moving parts, I think that -- I guess with the turnkey business there is a chance between whole of our utilization roughly flat, you're going to have offsetting factors that work, you're going to have declining day rates, but you going to be increasing your turnkey exposure. So, it's going to be hard to say, I guess flat would be as good as guess as anything.
J. Michael Drickamer - Morgan Keegan
Where do you see current spot rate that relative to the term contract that have little rollover quarter (ph)?
Lorne Phillips
Well, spot is fairly broad now, because of different areas of the country we're working in and different equipment required on the rig. So, it's a little hard to guess. But I think where we given guidance in the past it's kind of South Texas, East Texas spot. There has been kind of in the 95 to 125 range. I think it's still roughly there maybe 9 to 12. It hadn't changed much. So that's where I think we are.
J. Michael Drickamer - Morgan Keegan
Okay. If I'm looking at the geographic issue you mentioned moving cover rate that the Marcellus shale are there are any other repositioning that you are doing right now?
Wm. Stacy Locke
Well, we are going where the action is wherever that maybe. So we're looking, we continue to look heavily in the international markets. We feel think the Bakken is going to be attractive. We think when we see a little Caroline and gas prices obviously the Haynesville will be attractive, either we'll be attractive. So, we're kind of position ourselves and what we feel like are the better place we continue to do very well in Colombia. We see opportunity there where, we feel like Mexico is another area with lots of great demand. We've been working on projects there. So we're pursuing all of the front where the action will be.
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