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Offshore Rig Utilization by Region
Current Competitive Offshore Rig Utilization by Region
Africa - West 80.0%  (52/65)
Asia - SouthEast 78.1%  (75/96)
Europe - North Sea 87.8%  (72/82)
Mediterranean 76.2%  (16/21)
MidEast - Persian Gulf 76.0%  (73/96)
N. America - Mexico 70.3%  (26/37)
N. America - US GOM 78.9%  (60/76)
S. America - Brazil 81.0%  (64/79)
updated 2/3/2012
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 100.0%  (4/4) 66.7%  (4/6) 20.0%  (1/5) 50.0%  (2/4)
Africa - West 80.0%  (52/65) 84.1%  (53/63) 79.3%  (46/58) 78.4%  (40/51)
Asia - Caspian 0.0%  (0/1) 0.0%  (0/1) 0.0%  (0/1) 100.0%  (1/1)
Asia - Far East 63.0%  (17/27) 65.4%  (17/26) 66.7%  (18/27) 71.4%  (20/28)
Asia - South 78.8%  (26/33) 81.3%  (26/32) 93.8%  (30/32) 97.1%  (33/34)
Asia - SouthEast 78.1%  (75/96) 79.6%  (78/98) 72.4%  (71/98) 71.4%  (65/91)
Australia 72.7%  (8/11) 72.7%  (8/11) 90.0%  (9/10) 90.9%  (10/11)
Black Sea 100.0%  (2/2) 100.0%  (2/2) 66.7%  (2/3) 50.0%  (2/4)
Europe - East 100.0%  (1/1) 100.0%  (1/1) 50.0%  (1/2) 25.0%  (1/4)
Europe - North Sea 87.8%  (72/82) 85.4%  (70/82) 91.0%  (71/78) 77.0%  (57/74)
Mediterranean 76.2%  (16/21) 81.0%  (17/21) 71.4%  (15/21) 78.3%  (18/23)
MidEast - Persian Gulf 76.0%  (73/96) 78.9%  (75/95) 71.0%  (66/93) 75.5%  (71/94)
MidEast - Red Sea 81.8%  (9/11) 81.8%  (9/11) 83.3%  (10/12) 66.7%  (8/12)
N. America - Canadian Atlantic 100.0%  (1/1) 0.0%  (0/1) 100.0%  (2/2) 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 70.3%  (26/37) 70.3%  (26/37) 79.4%  (27/34) 80.0%  (20/25)
N. America - US Alaska 100.0%  (2/2) 100.0%  (1/1) 0.0%  (0/2) 0.0%  (0/1)
N. America - US GOM 78.9%  (60/76) 78.9%  (60/76) 71.1%  (54/76) 63.1%  (53/84)
N. America - US Other 0.0%  (0/1) 0.0%  (0/1) 0.0% (/0) 0.0% (/0)
S. America - Brazil 81.0%  (64/79) 81.8%  (63/77) 86.1%  (62/72) 88.9%  (56/63)
S. America - Other & Carib. 88.9%  (8/9) 70.0%  (7/10) 85.7%  (6/7) 75.0%  (3/4)
S. America - Venezuela 90.0%  (9/10) 90.0%  (9/10) 80.0%  (8/10) 90.9%  (10/11)
Worldwide (No Region) 20.0%  (1/5) 0.0%  (0/4) 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