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Offshore Rig Day Rates

The day rates provided below are the current day rates for each rig type drawn from the RigLogix database. These numbers, which include both competitive and non-competitive rigs, are updated on a daily basis.

Floating Rigs
Rig Type Rigs Working Total Rig Fleet Average Day Rate
Drillship < 4000' WD 6 rigs 8 rigs $260,000
Drillship 4000'+ WD 82 rigs 95 rigs $513,000
Semisub < 1500' WD 11 rigs 15 rigs $278,000
Semisub 1500'+ WD 64 rigs 88 rigs $342,000
Semisub 4000'+ WD 92 rigs 117 rigs $430,000

Jackup Rigs
Rig Type Rigs Working Total Rig Fleet Average Day Rate
Jackup IC < 250' WD 38 rigs 53 rigs $103,000
Jackup IC 250' WD 47 rigs 61 rigs $98,000
Jackup IC 300' WD 104 rigs 139 rigs $106,000
Jackup IC 300'+ WD 172 rigs 203 rigs $166,000
Jackup IS < 250' WD 6 rigs 9 rigs --
Jackup IS 250' WD 6 rigs 9 rigs $75,000
Jackup IS 300' WD 2 rigs 5 rigs $60,000
Jackup IS 300'+ WD 1 rigs 2 rigs --
Jackup MC < 200' WD 2 rigs 10 rigs $82,000
Jackup MC 200'+ WD 11 rigs 23 rigs $108,000
Jackup MS < 200' WD 2 rigs 3 rigs --
Jackup MS 200'+ WD 6 rigs 11 rigs $76,000

Other Offshore Rigs
Rig Type Rigs Working Total Rig Fleet Average Day Rate
Drill Barge < 150' WD 19 rigs 40 rigs --
Drill Barge 150'+ WD 6 rigs 8 rigs $66,000
Inland Barge  11 rigs 70 rigs --
Platform Rig  139 rigs 249 rigs $51,000
Submersible  0 rigs 2 rigs --
Tender  23 rigs 40 rigs $160,000

Need to know where day rates have been or where they are going for a specific portion of the Worldwide rig fleet? Do you need utilization and day rates for a specific rig? Want to be able to graph day rate history for the past 10 years based on your own criteria? RigLogix gives you the power to do all of that and much more. Test Drive RigLogix