HOUSTON — The worldwide offshore rig fleet continues to grow with new rig deliveries even as the contracted offshore rig count continues to decline. The worldwide contracted rig count fell by four this week. With 611 rigs under contract out of 713 available, utilization now stands at 85.7 percent.
The U.S. Gulf of Mexico experienced declines of one rig each for total available offshore fleet and number of rigs under contract. With 81 of the 118 total offshore rigs deployed in the U.S. Gulf under contract, the region’s offshore rig fleet utilization rate is 68.6 percent.
The number of rigs under contract and total fleet size offshore South America grew by two each this week. With 81 of the 105 mobile offshore rigs in South America under contract, fleet utilization is 77.1 percent.
The number of rigs available and under contract in European waters are unchanged this week. With 102 rigs out of 103 available under contract, the region’s offshore rig fleet utilization rate stands at 99.0 percent.
Offshore West Africa, total fleet size and number of rigs under contract are unchanged. With 53 rigs out of 60 available under contract, utilization is 88.3 percent.
In the Middle East offshore rig market, the number of rigs under contract slipped by three, while total fleet size is unchanged. With 90 rigs out of 103 available under contract, fleet utilization is 87.4 percent.
In the Asia/Australia offshore rig market, 106 rigs out of 114 available are under contract this week; fleet utilization is 93.0 percent.
For additional information, contact: Karen Boman, at 832-463-3000, email [email protected].
| U.S. Gulf of Mexico | ||||
| Today | Last Week | Month Ago | Year Ago | |
| Total Rigs in Drilling Fleet | 118 | 119 | 118 | 126 |
| Rigs Under Contract | 81 | 82 | 88 | 92 |
| Rigs w/o Contract | 37 | 37 | 30 | 34 |
| Fleet Utilization Rate | 68.6% | 68.9% | 74.6% | 73.0% |
| South America | ||||
| Today | Last Week | Month Ago | Year Ago | |
| Total Rigs in Drilling Fleet | 105 | 103 | 102 | 91 |
| Rigs Under Contract | 81 | 79 | 78 | 67 |
| Rigs w/o Contract | 24 | 24 | 24 | 24 |
| Fleet Utilization Rate | 77.1% | 76.7% | 76.5% | 73.6% |
| Europe/Mediterranean Sea | ||||
| Today | Last Week | Month Ago | Year Ago | |
| Total Rigs in Drilling Fleet | 103 | 103 | 103 | 101 |
| Rigs Under Contract | 102 | 102 | 102 | 101 |
| Rigs w/o Contract | 1 | 1 | 1 | 0 |
| Fleet Utilization Rate | 99.0% | 99.0% | 99.0% | 100.0% |
| West Africa | ||||
| Today | Last Week | Month Ago | Year Ago | |
| Total Rigs in Drilling Fleet | 60 | 60 | 59 | 56 |
| Rigs Under Contract | 53 | 53 | 55 | 55 |
| Rigs w/o Contract | 7 | 7 | 4 | 1 |
| Fleet Utilization Rate | 88.3% | 88.3% | 93.2% | 98.2% |
| Middle East | ||||
| Today | Last Week | Month Ago | Year Ago | |
| Total Rigs in Drilling Fleet | 103 | 103 | 103 | 96 |
| Rigs Under Contract | 90 | 93 | 94 | 89 |
| Rigs w/o Contract | 13 | 10 | 9 | 7 |
| Fleet Utilization Rate | 87.4% | 90.3% | 91.3% | 92.7% |
| Asia/Australia (excludes India) | ||||
| Today | Last Week | Month Ago | Year Ago | |
| Total Rigs in Drilling Fleet | 114 | 114 | 114 | 101 |
| Rigs Under Contract | 106 | 108 | 109 | 97 |
| Rigs w/o Contract | 8 | 6 | 5 | 4 |
| Fleet Utilization Rate | 93.0% | 94.7% | 95.6% | 96.0% |
| Worldwide | ||||
| Today | Last Week | Month Ago | Year Ago | |
| Total Rigs in Drilling Fleet | 713 | 712 | 709 | 680 |
| Rigs Under Contract | 611 | 615 | 624 | 601 |
| Rigs w/o Contract | 102 | 97 | 85 | 79 |
| Fleet Utilization Rate | 85.7% | 86.4% | 88.0% | 88.4% |
| Offshore Platform Rigs In addition to mobile drilling units, 296 platform rigs are deployed worldwide. |
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| Area | Platform Rig Fleet Total | Contracted | Fleet Utilization Rate |
| U.S. Gulf of Mexico | 54 | 34 | 63.0% |
| Europe/Mediterranean* | 107 | 104 | 97.2% |
| Worldwide* | 296 | 253 | 85.5% |
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