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Offshore Rig Utilization by Region

Current Competitive Offshore Rig Utilization by Region
Africa - West 71.1%  (54/76)
Asia - SouthEast 70.4%  (81/115)
Europe - North Sea 94.9%  (93/98)
Mediterranean 60.0%  (9/15)
MidEast - Persian Gulf 78.2%  (93/119)
N. America - Mexico 83.9%  (52/62)
N. America - US GOM 72.7%  (64/88)
S. America - Brazil 96.5%  (55/57)
updated 12/19/2014
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 62.5%  (5/8) 71.4%  (5/7) 75.0%  (6/8) 57.1%  (4/7)
Africa - West 71.1%  (54/76) 78.5%  (62/79) 74.7%  (56/75) 87.3%  (55/63)
Asia - Caspian 100.0%  (2/2) 100.0%  (2/2) 50.0%  (1/2) 50.0%  (1/2)
Asia - Far East 70.0%  (28/40) 72.2%  (26/36) 76.5%  (26/34) 79.3%  (23/29)
Asia - South 72.2%  (26/36) 85.7%  (30/35) 84.2%  (32/38) 86.5%  (32/37)
Asia - SouthEast 70.4%  (81/115) 71.9%  (82/114) 71.7%  (76/106) 81.5%  (88/108)
Australia 90.9%  (10/11) 100.0%  (11/11) 100.0%  (13/13) 100.0%  (13/13)
Black Sea 100.0%  (6/6) 100.0%  (6/6) 66.7%  (4/6) 50.0%  (2/4)
Europe - East 50.0%  (1/2) 100.0%  (2/2) 100.0%  (2/2) 100.0%  (1/1)
Europe - North Sea 94.9%  (93/98) 93.9%  (92/98) 85.1%  (80/94) 89.1%  (82/92)
Mediterranean 60.0%  (9/15) 66.7%  (10/15) 78.6%  (11/14) 76.5%  (13/17)
MidEast - Persian Gulf 78.2%  (93/119) 78.8%  (93/118) 80.2%  (93/116) 84.8%  (95/112)
MidEast - Red Sea 80.0%  (12/15) 80.0%  (12/15) 93.8%  (15/16) 86.7%  (13/15)
N. America - Canadian Atlantic 100.0%  (4/4) 100.0%  (4/4) 100.0%  (3/3) 100.0%  (3/3)
N. America - Canadian Pacific 0.0%  (0/1) 0.0%  (0/1) 0.0%  (0/1) 0.0%  (0/1)
N. America - Mexico 83.9%  (52/62) 88.5%  (54/61) 86.7%  (52/60) 82.1%  (46/56)
N. America - US Alaska 100.0%  (2/2) 100.0%  (1/1) 50.0%  (1/2) 50.0%  (1/2)
N. America - US GOM 72.7%  (64/88) 73.9%  (65/88) 76.8%  (63/82) 84.0%  (63/75)
S. America - Brazil 96.5%  (55/57) 96.6%  (56/58) 95.1%  (58/61) 96.8%  (61/63)
S. America - Other & Carib. 77.8%  (7/9) 77.8%  (7/9) 80.0%  (8/10) 85.7%  (6/7)
S. America - Venezuela 90.0%  (9/10) 90.0%  (9/10) 88.9%  (8/9) 72.7%  (8/11)
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