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Offshore Rig Utilization by Region

Current Competitive Offshore Rig Utilization by Region
Africa - West 73.5%  (61/83)
Asia - SouthEast 73.2%  (82/112)
Europe - North Sea 91.8%  (89/97)
Mediterranean 62.5%  (10/16)
MidEast - Persian Gulf 83.5%  (96/115)
N. America - Mexico 82.0%  (50/61)
N. America - US GOM 67.4%  (60/89)
S. America - Brazil 96.6%  (57/59)
updated 10/24/2014
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 66.7%  (4/6) 66.7%  (6/9) 62.5%  (5/8) 57.1%  (4/7)
Africa - West 73.5%  (61/83) 73.8%  (59/80) 77.9%  (60/77) 85.3%  (58/68)
Asia - Caspian 100.0%  (2/2) 100.0%  (2/2) 50.0%  (1/2) 50.0%  (1/2)
Asia - Far East 68.3%  (28/41) 68.3%  (28/41) 65.7%  (23/35) 80.0%  (24/30)
Asia - South 82.9%  (29/35) 85.3%  (29/34) 92.3%  (36/39) 94.1%  (32/34)
Asia - SouthEast 73.2%  (82/112) 75.0%  (84/112) 77.9%  (81/104) 81.3%  (87/107)
Australia 100.0%  (12/12) 100.0%  (11/11) 92.3%  (12/13) 91.7%  (11/12)
Black Sea 100.0%  (6/6) 83.3%  (5/6) 80.0%  (4/5) 75.0%  (3/4)
Europe - East 100.0%  (1/1) 100.0%  (2/2) 100.0%  (1/1) 100.0%  (1/1)
Europe - North Sea 91.8%  (89/97) 87.5%  (84/96) 86.3%  (82/95) 87.9%  (80/91)
Mediterranean 62.5%  (10/16) 60.0%  (9/15) 68.8%  (11/16) 76.5%  (13/17)
MidEast - Persian Gulf 83.5%  (96/115) 82.6%  (95/115) 81.3%  (91/112) 84.7%  (94/111)
MidEast - Red Sea 70.6%  (12/17) 70.6%  (12/17) 70.6%  (12/17) 82.4%  (14/17)
N. America - Canadian Atlantic 100.0%  (4/4) 100.0%  (4/4) 100.0%  (2/2) 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 82.0%  (50/61) 82.0%  (50/61) 80.0%  (48/60) 90.2%  (46/51)
N. America - US Alaska 50.0%  (1/2) 100.0%  (2/2) 100.0%  (2/2) 50.0%  (1/2)
N. America - US GOM 67.4%  (60/89) 69.7%  (62/89) 77.1%  (64/83) 84.9%  (62/73)
S. America - Brazil 96.6%  (57/59) 91.8%  (56/61) 97.0%  (64/66) 95.6%  (65/68)
S. America - Other & Carib. 77.8%  (7/9) 77.8%  (7/9) 66.7%  (6/9) 77.8%  (7/9)
S. America - Venezuela 90.0%  (9/10) 90.0%  (9/10) 88.9%  (8/9) 80.0%  (8/10)
Worldwide (No Region) 25.0%  (1/4) 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