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Offshore Rig Utilization by Region

Current Competitive Offshore Rig Utilization by Region
Africa - West 76.7%  (56/73)
Asia - SouthEast 65.2%  (75/115)
Europe - North Sea 87.9%  (87/99)
Mediterranean 81.3%  (13/16)
MidEast - Persian Gulf 78.8%  (93/118)
N. America - Mexico 76.6%  (49/64)
N. America - US GOM 65.9%  (60/91)
S. America - Brazil 96.6%  (56/58)
updated 2/27/2015
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%  (3/6) 60.0%  (3/5) 87.5%  (7/8) 62.5%  (5/8)
Africa - West 76.7%  (56/73) 73.0%  (54/74) 82.4%  (61/74) 80.9%  (55/68)
Asia - Caspian 100.0%  (2/2) 100.0%  (2/2) 100.0%  (2/2) 50.0%  (1/2)
Asia - Far East 78.9%  (30/38) 79.5%  (31/39) 73.0%  (27/37) 82.1%  (23/28)
Asia - South 83.3%  (30/36) 86.1%  (31/36) 82.1%  (32/39) 95.0%  (38/40)
Asia - SouthEast 65.2%  (75/115) 73.2%  (82/112) 80.2%  (85/106) 78.3%  (83/106)
Australia 78.6%  (11/14) 64.3%  (9/14) 100.0%  (12/12) 92.3%  (12/13)
Black Sea 71.4%  (5/7) 71.4%  (5/7) 83.3%  (5/6) 50.0%  (2/4)
Europe - East 50.0%  (1/2) 50.0%  (1/2) 100.0%  (3/3) 100.0%  (1/1)
Europe - North Sea 87.9%  (87/99) 91.8%  (89/97) 90.4%  (85/94) 88.0%  (81/92)
Mediterranean 81.3%  (13/16) 76.5%  (13/17) 85.7%  (12/14) 75.0%  (12/16)
MidEast - Persian Gulf 78.8%  (93/118) 79.3%  (92/116) 80.2%  (93/116) 82.5%  (94/114)
MidEast - Red Sea 73.3%  (11/15) 73.3%  (11/15) 93.8%  (15/16) 86.7%  (13/15)
N. America - Canadian Atlantic 75.0%  (3/4) 100.0%  (4/4) 75.0%  (3/4) 50.0%  (1/2)
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) 81.0%  (51/63) 82.5%  (52/63) 80.0%  (48/60)
N. America - US Alaska 100.0%  (2/2) 50.0%  (1/2) 50.0%  (1/2) 50.0%  (1/2)
N. America - US GOM 65.9%  (60/91) 69.2%  (63/91) 78.5%  (62/79) 74.7%  (56/75)
S. America - Brazil 96.6%  (56/58) 93.2%  (55/59) 95.0%  (57/60) 95.1%  (58/61)
S. America - Other & Carib. 72.7%  (8/11) 60.0%  (6/10) 77.8%  (7/9) 55.6%  (5/9)
S. America - Venezuela 90.0%  (9/10) 90.0%  (9/10) 90.0%  (9/10) 80.0%  (8/10)
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