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 (= 3,999') 6 rigs 8 rigs $243,000
Drillship (4,000'+ ) 84 rigs 115 rigs $513,000
Semisub (= 1,499') 6 rigs 15 rigs $279,000
Semisub (1,500'+ ) 44 rigs 66 rigs $361,000
Semisub (4,000'+ ) 72 rigs 106 rigs $429,000

Jackup Rigs
Rig Type Rigs Working Total Rig Fleet Average Day Rate
Jackup (< 200' MC) 1 rigs 6 rigs $70,000
Jackup (< 200' MS) 2 rigs 3 rigs --
Jackup (< 250' IC) 39 rigs 49 rigs $110,000
Jackup (< 250' IS) 6 rigs 7 rigs --
Jackup (200'+ MC) 2 rigs 16 rigs $69,000
Jackup (200'+ MS) 0 rigs 7 rigs --
Jackup (250' IC) 34 rigs 62 rigs $94,000
Jackup (250' IS) 6 rigs 8 rigs $85,000
Jackup (300' IC) 88 rigs 138 rigs $106,000
Jackup (300' IS) 2 rigs 5 rigs $60,000
Jackup (300'+ IC) 161 rigs 233 rigs $171,000
Jackup (300'+ IS) 0 rigs 1 rigs --

Other Offshore Rigs
Rig Type Rigs Working Total Rig Fleet Average Day Rate
Drill Barge (< 150') 12 rigs 38 rigs --
Drill Barge (150'+ ) 6 rigs 12 rigs --
Inland Barge  15 rigs 68 rigs --
Platform Rig  165 rigs 261 rigs $51,000
Submersible  0 rigs 2 rigs --
Tender  20 rigs 40 rigs $147,000

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