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Offshore Rig Utilization by Region

Current Competitive Offshore Rig Utilization by Region
Africa - West 76.5%  (62/81)
Asia - SouthEast 71.8%  (79/110)
Europe - North Sea 95.9%  (94/98)
Mediterranean 64.3%  (9/14)
MidEast - Persian Gulf 78.8%  (93/118)
N. America - Mexico 83.6%  (51/61)
N. America - US GOM 73.6%  (67/91)
S. America - Brazil 96.7%  (58/60)
updated 11/21/2014
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) 80.0%  (4/5) 62.5%  (5/8) 66.7%  (4/6)
Africa - West 76.5%  (62/81) 78.8%  (63/80) 76.0%  (57/75) 90.8%  (59/65)
Asia - Caspian 100.0%  (2/2) 100.0%  (2/2) 50.0%  (1/2) 50.0%  (1/2)
Asia - Far East 63.4%  (26/41) 64.3%  (27/42) 67.6%  (25/37) 82.8%  (24/29)
Asia - South 85.7%  (30/35) 85.7%  (30/35) 91.9%  (34/37) 97.0%  (32/33)
Asia - SouthEast 71.8%  (79/110) 73.2%  (82/112) 76.7%  (79/103) 79.4%  (85/107)
Australia 92.3%  (12/13) 100.0%  (11/11) 92.3%  (12/13) 78.6%  (11/14)
Black Sea 100.0%  (6/6) 83.3%  (5/6) 66.7%  (4/6) 75.0%  (3/4)
Europe - East 100.0%  (2/2) 100.0%  (2/2) 100.0%  (1/1) 100.0%  (1/1)
Europe - North Sea 95.9%  (94/98) 90.7%  (88/97) 87.4%  (83/95) 90.1%  (82/91)
Mediterranean 64.3%  (9/14) 66.7%  (10/15) 71.4%  (10/14) 70.6%  (12/17)
MidEast - Persian Gulf 78.8%  (93/118) 83.8%  (98/117) 80.2%  (93/116) 82.6%  (95/115)
MidEast - Red Sea 81.3%  (13/16) 87.5%  (14/16) 87.5%  (14/16) 87.5%  (14/16)
N. America - Canadian Atlantic 100.0%  (4/4) 100.0%  (4/4) 100.0%  (2/2) 75.0%  (3/4)
N. America - Canadian Pacific 0.0%  (0/1) 0.0%  (0/1) 0.0%  (0/1) 0.0%  (0/1)
N. America - Mexico 83.6%  (51/61) 82.0%  (50/61) 78.7%  (48/61) 86.8%  (46/53)
N. America - US Alaska 100.0%  (1/1) 50.0%  (1/2) 50.0%  (1/2) 50.0%  (1/2)
N. America - US GOM 73.6%  (67/91) 70.5%  (62/88) 79.5%  (66/83) 90.4%  (66/73)
S. America - Brazil 96.7%  (58/60) 95.1%  (58/61) 95.3%  (61/64) 96.9%  (62/64)
S. America - Other & Carib. 77.8%  (7/9) 77.8%  (7/9) 66.7%  (6/9) 75.0%  (6/8)
S. America - Venezuela 90.0%  (9/10) 90.0%  (9/10) 88.9%  (8/9) 80.0%  (8/10)
Worldwide (No Region) 100.0%  (1/1) 100.0%  (1/1) 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