Current Competitive Offshore Rig Utilization by Region
Africa - West
91.8%
(56/61)
Asia - SouthEast
75.6%
(62/82)
Europe - North Sea
91.7%
(66/72)
Mediterranean
84.2%
(16/19)
MidEast - Persian Gulf
87.2%
(75/86)
N. America - Mexico
100.0%
(37/37)
N. America - US GOM
88.3%
(98/111)
S. America - Brazil
88.9%
(32/36)
updated 7/4/2008
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
50.0%
(1/2)
0.0%
(0/2)
0.0%
(0/2)
50.0%
(1/2)
Africa - West
91.8%
(56/61)
91.9%
(57/62)
92.9%
(52/56)
85.9%
(55/64)
Asia - Far East
93.8%
(15/16)
94.4%
(17/18)
100.0%
(14/14)
100.0%
(16/16)
Asia - South
93.5%
(29/31)
90.6%
(29/32)
94.3%
(33/35)
93.9%
(31/33)
Asia - SouthEast
75.6%
(62/82)
74.7%
(59/79)
70.5%
(55/78)
75.8%
(50/66)
Australia
94.1%
(16/17)
94.1%
(16/17)
86.7%
(13/15)
92.3%
(12/13)
Black Sea
100.0%
(3/3)
100.0%
(3/3)
100.0%
(4/4)
100.0%
(4/4)
Europe - East
100.0%
(3/3)
100.0%
(3/3)
100.0%
(1/1)
100.0%
(1/1)
Europe - North Sea
91.7%
(66/72)
93.1%
(67/72)
91.9%
(68/74)
96.0%
(72/75)
Mediterranean
84.2%
(16/19)
82.4%
(14/17)
94.4%
(17/18)
89.5%
(17/19)
MidEast - Persian Gulf
87.2%
(75/86)
85.9%
(73/85)
88.5%
(69/78)
85.9%
(67/78)
MidEast - Red Sea
93.3%
(14/15)
100.0%
(15/15)
100.0%
(14/14)
100.0%
(12/12)
N. America - Canadian Atlantic
100.0%
(1/1)
0.0%
(0/1)
100.0%
(1/1)
100.0%
(2/2)
N. America - Canadian Pacific
0.0%
(0/1)
0.0%
(0/1)
0.0%
(0/1)
0.0%
(0/1)
N. America - Mexico
100.0%
(37/37)
97.3%
(36/37)
97.4%
(37/38)
100.0%
(31/31)
N. America - US Alaska
100.0%
(1/1)
100.0%
(1/1)
100.0%
(1/1)
0.0%
(0/1)
N. America - US GOM
88.3%
(98/111)
82.9%
(92/111)
69.8%
(81/116)
79.2%
(95/120)
S. America - Brazil
88.9%
(32/36)
86.1%
(31/36)
80.6%
(25/31)
89.7%
(26/29)
S. America - Other & Carib.
100.0%
(6/6)
85.7%
(6/7)
100.0%
(8/8)
100.0%
(6/6)
S. America - Venezuela
100.0%
(10/10)
100.0%
(9/9)
100.0%
(9/9)
100.0%
(10/10)
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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
Sep - 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
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historical data that goes back over 10 years for major rig types.
