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Offshore Rig Utilization by Region
Current Competitive Offshore Rig Utilization by Region
Africa - West 65.1%  (41/63)
Asia - SouthEast 74.1%  (60/81)
Europe - North Sea 89.3%  (67/75)
Mediterranean 90.5%  (19/21)
MidEast - Persian Gulf 75.0%  (66/88)
N. America - Mexico 90.2%  (37/41)
N. America - US GOM 59.0%  (46/78)
S. America - Brazil 89.1%  (41/46)
updated 7/3/2009
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 33.3%  (1/3) 33.3%  (1/3) 33.3%  (1/3) 50.0%  (1/2)
Africa - West 65.1%  (41/63) 73.8%  (45/61) 93.4%  (57/61) 91.7%  (55/60)
Asia - Far East 95.7%  (22/23) 79.2%  (19/24) 85.7%  (18/21) 93.8%  (15/16)
Asia - South 97.3%  (36/37) 100.0%  (36/36) 91.4%  (32/35) 93.3%  (28/30)
Asia - SouthEast 74.1%  (60/81) 72.3%  (60/83) 72.5%  (58/80) 73.1%  (57/78)
Australia 82.4%  (14/17) 87.5%  (14/16) 93.8%  (15/16) 94.1%  (16/17)
Black Sea 50.0%  (2/4) 33.3%  (1/3) 66.7%  (2/3) 100.0%  (3/3)
Europe - East 66.7%  (2/3) 66.7%  (2/3) 100.0%  (2/2) 100.0%  (3/3)
Europe - North Sea 89.3%  (67/75) 86.7%  (65/75) 93.2%  (69/74) 93.1%  (67/72)
Mediterranean 90.5%  (19/21) 95.5%  (21/22) 100.0%  (19/19) 88.2%  (15/17)
MidEast - Persian Gulf 75.0%  (66/88) 77.3%  (68/88) 88.1%  (74/84) 85.1%  (74/87)
MidEast - Red Sea 68.8%  (11/16) 66.7%  (10/15) 86.7%  (13/15) 93.3%  (14/15)
N. America - Canadian Atlantic 66.7%  (2/3) 100.0%  (3/3) 100.0%  (2/2) 100.0%  (1/1)
N. America - Canadian Pacific 0.0%  (0/1) 0.0%  (0/1) 0.0%  (0/1) 0.0%  (0/1)
N. America - Mexico 90.2%  (37/41) 90.0%  (36/40) 94.4%  (34/36) 97.1%  (34/35)
N. America - US Alaska 100.0%  (1/1) 100.0%  (1/1) 100.0%  (1/1) 100.0%  (1/1)
N. America - US GOM 59.0%  (46/78) 69.6%  (55/79) 76.7%  (66/86) 88.5%  (77/87)
S. America - Brazil 89.1%  (41/46) 93.5%  (43/46) 85.0%  (34/40) 86.1%  (31/36)
S. America - Other & Carib. 75.0%  (3/4) 75.0%  (3/4) 100.0%  (5/5) 83.3%  (5/6)
S. America - Venezuela 100.0%  (12/12) 100.0%  (12/12) 100.0%  (11/11) 100.0%  (10/10)
Worldwide (No Region) 100.0%  (1/1) 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