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Offshore Rig Utilization by Region

Current Competitive Offshore Rig Utilization by Region
Africa - West 80.0%  (64/80)
Asia - SouthEast 74.8%  (83/111)
Europe - North Sea 91.7%  (88/96)
Mediterranean 86.7%  (13/15)
MidEast - Persian Gulf 78.4%  (91/116)
N. America - Mexico 80.0%  (48/60)
N. America - US GOM 74.7%  (68/91)
S. America - Brazil 96.7%  (59/61)
updated 8/29/2014
Historical Competitive Offshore Rig Utilization by Region
Below is the breakdown of rig utilization by region of the world for each time period indicated. Utilization numbers are based on a snapshot rig count. Only competitive rigs are included.
Region Current Month Ago 6 Months Ago 1 Year Ago
Africa - Other 77.8%  (7/9) 87.5%  (7/8) 55.6%  (5/9) 80.0%  (4/5)
Africa - West 80.0%  (64/80) 75.3%  (61/81) 79.2%  (57/72) 89.7%  (61/68)
Asia - Caspian 100.0%  (2/2) 100.0%  (2/2) 50.0%  (1/2) 50.0%  (1/2)
Asia - Far East 65.9%  (27/41) 69.2%  (27/39) 79.3%  (23/29) 82.1%  (23/28)
Asia - South 78.4%  (29/37) 81.1%  (30/37) 94.9%  (37/39) 97.1%  (33/34)
Asia - SouthEast 74.8%  (83/111) 70.9%  (78/110) 77.1%  (84/109) 78.7%  (85/108)
Australia 91.7%  (11/12) 100.0%  (13/13) 92.3%  (12/13) 91.7%  (11/12)
Black Sea 83.3%  (5/6) 83.3%  (5/6) 50.0%  (2/4) 75.0%  (3/4)
Europe - East 100.0%  (3/3) 66.7%  (2/3) 100.0%  (1/1) 100.0%  (1/1)
Europe - North Sea 91.7%  (88/96) 86.5%  (83/96) 88.2%  (82/93) 90.8%  (79/87)
Mediterranean 86.7%  (13/15) 73.3%  (11/15) 70.6%  (12/17) 77.8%  (14/18)
MidEast - Persian Gulf 78.4%  (91/116) 77.4%  (89/115) 78.9%  (90/114) 84.4%  (92/109)
MidEast - Red Sea 64.7%  (11/17) 70.6%  (12/17) 75.0%  (12/16) 81.3%  (13/16)
N. America - Canadian Atlantic 100.0%  (4/4) 100.0%  (3/3) 50.0%  (1/2) 100.0%  (4/4)
N. America - Canadian Pacific 0.0%  (0/1) 0.0%  (0/1) 0.0%  (0/1) 0.0%  (0/1)
N. America - Mexico 80.0%  (48/60) 81.7%  (49/60) 83.1%  (49/59) 88.0%  (44/50)
N. America - US Alaska 100.0%  (2/2) 100.0%  (2/2) 100.0%  (2/2) 50.0%  (1/2)
N. America - US GOM 74.7%  (68/91) 78.7%  (70/89) 76.5%  (65/85) 88.5%  (69/78)
S. America - Brazil 96.7%  (59/61) 96.8%  (60/62) 95.5%  (64/67) 94.4%  (67/71)
S. America - Other & Carib. 77.8%  (7/9) 66.7%  (6/9) 55.6%  (5/9) 77.8%  (7/9)
S. America - Venezuela 90.0%  (9/10) 90.0%  (9/10) 80.0%  (8/10) 80.0%  (8/10)
Worldwide (No Region) 0.0%  (0/1) 0.0%  (0/1) 0.0% (/0) 0.0% (/0)
Get utilization and day rate details for every offshore rig. Group results and search for rig utilization data based on more than a dozen criteria.
Historical Competitive Offshore Rig Utilization Highlight
The following graph provides rig utilization rates for the last 3 years based on the number days on contract for the competitive rigs in the region.
Upcoming Utilization Highlights
Jan: N. America - Gulf of Mexico May: Europe - North Sea Sept: MidEast - Red Sea
Feb: N. America - Mexico Jun: Mediterranean Oct: Asia - South
Mar: S. America - Venezuela Jul: Africa - West Nov: Asia - SouthEast
Apr: S. America - Brazil Aug: MidEast - Persian Gulf Dec: Australia

Get utilization and day rate details for every offshore rig. Create custom graphs using historical data that goes back over 10 years for major rig types. Test Drive RigLogix