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Offshore Rig Utilization by Region

Current Competitive Offshore Rig Utilization by Region
Africa - West 76.4%  (55/72)
Asia - SouthEast 62.5%  (70/112)
Europe - North Sea 89.8%  (88/98)
Mediterranean 66.7%  (10/15)
MidEast - Persian Gulf 81.9%  (95/116)
N. America - Mexico 75.7%  (56/74)
N. America - US GOM 62.9%  (56/89)
S. America - Brazil 94.7%  (54/57)
updated 3/27/2015
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) 50.0%  (3/6) 83.3%  (5/6) 66.7%  (4/6)
Africa - West 76.4%  (55/72) 78.3%  (54/69) 80.8%  (59/73) 82.1%  (55/67)
Asia - Caspian 100.0%  (2/2) 100.0%  (2/2) 100.0%  (2/2) 50.0%  (1/2)
Asia - Far East 74.4%  (29/39) 78.4%  (29/37) 72.2%  (26/36) 78.6%  (22/28)
Asia - South 84.2%  (32/38) 80.6%  (29/36) 86.1%  (31/36) 95.0%  (38/40)
Asia - SouthEast 62.5%  (70/112) 63.2%  (74/117) 77.7%  (87/112) 77.1%  (84/109)
Australia 73.3%  (11/15) 84.6%  (11/13) 100.0%  (11/11) 92.3%  (12/13)
Black Sea 71.4%  (5/7) 71.4%  (5/7) 83.3%  (5/6) 60.0%  (3/5)
Europe - East 50.0%  (1/2) 50.0%  (1/2) 100.0%  (3/3) 100.0%  (1/1)
Europe - North Sea 89.8%  (88/98) 88.8%  (87/98) 88.3%  (83/94) 85.9%  (79/92)
Mediterranean 66.7%  (10/15) 81.3%  (13/16) 60.0%  (9/15) 80.0%  (12/15)
MidEast - Persian Gulf 81.9%  (95/116) 79.7%  (94/118) 81.0%  (94/116) 83.0%  (93/112)
MidEast - Red Sea 73.3%  (11/15) 73.3%  (11/15) 87.5%  (14/16) 81.3%  (13/16)
N. America - Canadian Atlantic 60.0%  (3/5) 60.0%  (3/5) 75.0%  (3/4) 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 75.7%  (56/74) 78.4%  (58/74) 82.2%  (60/73) 82.6%  (57/69)
N. America - US Alaska 66.7%  (2/3) 100.0%  (2/2) 50.0%  (1/2) 50.0%  (1/2)
N. America - US GOM 62.9%  (56/89) 65.9%  (60/91) 73.5%  (61/83) 68.8%  (53/77)
S. America - Brazil 94.7%  (54/57) 98.3%  (57/58) 91.5%  (54/59) 96.7%  (59/61)
S. America - Other & Carib. 66.7%  (10/15) 75.0%  (9/12) 77.8%  (7/9) 55.6%  (5/9)
S. America - Venezuela 30.0%  (3/10) 90.0%  (9/10) 90.0%  (9/10) 80.0%  (8/10)
Worldwide (No Region) 0.0%  (0/1) 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