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Offshore Rig Day Rates

The day rates provided below are the current day rates for each rig type drawn from the RigLogix database. These numbers, which include both competitive and non-competitive rigs, are updated on a daily basis.

Floating Rigs
Rig Type Rigs Working Total Rig Fleet Average Day Rate
Drillship < 4000' WD 7 rigs 8 rigs $258,000
Drillship 4000'+ WD 84 rigs 107 rigs $522,000
Semisub < 1500' WD 10 rigs 15 rigs $272,000
Semisub 1500'+ WD 59 rigs 82 rigs $344,000
Semisub 4000'+ WD 93 rigs 119 rigs $439,000

Jackup Rigs
Rig Type Rigs Working Total Rig Fleet Average Day Rate
Jackup IC < 250' WD 39 rigs 51 rigs $111,000
Jackup IC 250' WD 47 rigs 62 rigs $101,000
Jackup IC 300' WD 105 rigs 139 rigs $116,000
Jackup IC 300'+ WD 178 rigs 216 rigs $180,000
Jackup IS < 250' WD 6 rigs 9 rigs --
Jackup IS 250' WD 6 rigs 9 rigs $75,000
Jackup IS 300' WD 2 rigs 5 rigs $60,000
Jackup IS 300'+ WD 1 rigs 2 rigs $85,000
Jackup MC < 200' WD 2 rigs 10 rigs $82,000
Jackup MC 200'+ WD 7 rigs 21 rigs $108,000
Jackup MS < 200' WD 2 rigs 3 rigs --
Jackup MS 200'+ WD 4 rigs 8 rigs $68,000

Other Offshore Rigs
Rig Type Rigs Working Total Rig Fleet Average Day Rate
Drill Barge < 150' WD 19 rigs 40 rigs --
Drill Barge 150'+ WD 6 rigs 8 rigs $66,000
Inland Barge  16 rigs 70 rigs $76,000
Platform Rig  133 rigs 249 rigs $52,000
Submersible  0 rigs 2 rigs --
Tender  24 rigs 41 rigs $158,000

Need to know where day rates have been or where they are going for a specific portion of the Worldwide rig fleet? Do you need utilization and day rates for a specific rig? Want to be able to graph day rate history for the past 10 years based on your own criteria? RigLogix gives you the power to do all of that and much more. Test Drive RigLogix