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Offshore Rig Utilization by Region

Current Competitive Offshore Rig Utilization by Region
Africa - West 76.0%  (57/75)
Asia - SouthEast 72.1%  (80/111)
Europe - North Sea 93.8%  (91/97)
Mediterranean 81.3%  (13/16)
MidEast - Persian Gulf 79.7%  (94/118)
N. America - Mexico 76.6%  (49/64)
N. America - US GOM 68.1%  (62/91)
S. America - Brazil 93.2%  (55/59)
updated 1/23/2015
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%  (4/8) 37.5%  (3/8) 100.0%  (7/7) 57.1%  (4/7)
Africa - West 76.0%  (57/75) 69.7%  (53/76) 78.7%  (59/75) 84.4%  (54/64)
Asia - Caspian 100.0%  (2/2) 100.0%  (2/2) 100.0%  (2/2) 50.0%  (1/2)
Asia - Far East 17.1%  (7/41) 69.2%  (27/39) 75.0%  (27/36) 79.3%  (23/29)
Asia - South 83.3%  (30/36) 74.3%  (26/35) 84.2%  (32/38) 84.6%  (33/39)
Asia - SouthEast 72.1%  (80/111) 69.6%  (80/115) 73.8%  (79/107) 79.1%  (87/110)
Australia 76.9%  (10/13) 83.3%  (10/12) 100.0%  (13/13) 92.3%  (12/13)
Black Sea 85.7%  (6/7) 100.0%  (6/6) 83.3%  (5/6) 50.0%  (2/4)
Europe - East 50.0%  (1/2) 50.0%  (1/2) 66.7%  (2/3) 100.0%  (1/1)
Europe - North Sea 93.8%  (91/97) 95.9%  (93/97) 87.2%  (82/94) 90.2%  (83/92)
Mediterranean 81.3%  (13/16) 76.5%  (13/17) 71.4%  (10/14) 81.3%  (13/16)
MidEast - Persian Gulf 79.7%  (94/118) 79.7%  (94/118) 79.3%  (92/116) 84.1%  (95/113)
MidEast - Red Sea 64.3%  (9/14) 78.6%  (11/14) 93.8%  (15/16) 86.7%  (13/15)
N. America - Canadian Atlantic 100.0%  (4/4) 100.0%  (4/4) 100.0%  (3/3) 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 76.6%  (49/64) 82.3%  (51/62) 85.2%  (52/61) 83.9%  (47/56)
N. America - US Alaska 50.0%  (1/2) 100.0%  (1/1) 50.0%  (1/2) 50.0%  (1/2)
N. America - US GOM 68.1%  (62/91) 72.2%  (65/90) 81.3%  (65/80) 82.4%  (61/74)
S. America - Brazil 93.2%  (55/59) 98.2%  (55/56) 98.3%  (59/60) 96.8%  (60/62)
S. America - Other & Carib. 75.0%  (6/8) 77.8%  (7/9) 66.7%  (6/9) 71.4%  (5/7)
S. America - Venezuela 90.0%  (9/10) 90.0%  (9/10) 90.0%  (9/10) 72.7%  (8/11)
Worldwide (No Region) 0.0%  (0/3) 0.0% (/0) 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