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Offshore Rig Utilization by Region

Current Competitive Offshore Rig Utilization by Region
Africa - West 75.0%  (60/80)
Asia - SouthEast 74.1%  (83/112)
Europe - North Sea 90.6%  (87/96)
Mediterranean 68.8%  (11/16)
MidEast - Persian Gulf 79.3%  (92/116)
N. America - Mexico 81.7%  (49/60)
N. America - US GOM 73.9%  (68/92)
S. America - Brazil 95.2%  (59/62)
updated 9/12/2014
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%  (6/9) 87.5%  (7/8) 55.6%  (5/9) 80.0%  (4/5)
Africa - West 75.0%  (60/80) 80.2%  (65/81) 81.9%  (59/72) 87.1%  (61/70)
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) 67.5%  (27/40) 79.3%  (23/29) 82.1%  (23/28)
Asia - South 77.8%  (28/36) 78.4%  (29/37) 94.9%  (37/39) 97.1%  (33/34)
Asia - SouthEast 74.1%  (83/112) 71.2%  (79/111) 78.2%  (86/110) 79.6%  (86/108)
Australia 91.7%  (11/12) 100.0%  (13/13) 92.3%  (12/13) 91.7%  (11/12)
Black Sea 83.3%  (5/6) 83.3%  (5/6) 50.0%  (2/4) 75.0%  (3/4)
Europe - East 100.0%  (2/2) 100.0%  (3/3) 100.0%  (1/1) 100.0%  (1/1)
Europe - North Sea 90.6%  (87/96) 89.6%  (86/96) 87.1%  (81/93) 86.5%  (77/89)
Mediterranean 68.8%  (11/16) 86.7%  (13/15) 70.6%  (12/17) 77.8%  (14/18)
MidEast - Persian Gulf 79.3%  (92/116) 78.3%  (90/115) 77.9%  (88/113) 85.3%  (93/109)
MidEast - Red Sea 52.9%  (9/17) 70.6%  (12/17) 70.6%  (12/17) 81.3%  (13/16)
N. America - Canadian Atlantic 100.0%  (4/4) 100.0%  (3/3) 50.0%  (1/2) 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 81.7%  (49/60) 81.7%  (49/60) 84.7%  (50/59) 90.0%  (45/50)
N. America - US Alaska 100.0%  (2/2) 100.0%  (2/2) 100.0%  (2/2) 50.0%  (1/2)
N. America - US GOM 73.9%  (68/92) 79.8%  (71/89) 74.1%  (63/85) 89.7%  (70/78)
S. America - Brazil 95.2%  (59/62) 98.4%  (61/62) 95.5%  (64/67) 95.8%  (68/71)
S. America - Other & Carib. 77.8%  (7/9) 66.7%  (6/9) 55.6%  (5/9) 77.8%  (7/9)
S. America - Venezuela 90.0%  (9/10) 90.0%  (9/10) 80.0%  (8/10) 80.0%  (8/10)
Worldwide (No Region) 0.0%  (0/2) 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