by the numbers
Offshore Rig Utilization,by Region
Africa - West Asia - SouthEast Europe - North Sea Mediterranean MidEast - Persian Gulf N. America - Mexico N. America - US GOM S. America - Brazil 95.1% 82.7% 95.9% 95.0% 84.9% 94.6% 78.9% 90.0% (58/61) (67/81) (71/74) (19/20) (73/86) (35/37) (86/109) (36/40) Jackup Rigs Rig Type Jackup IC < 250' WD Jackup IC 250' WD Jackup IC 300' WD Jackup IC 300'+ WD Jackup IS < 250' WD Jackup IS 250' WD Jackup IS 300' WD Jackup IS 300'+ WD Jackup MC < 200' WD Jackup MC 200'+ WD Jackup MS < 200' WD Jackup MS 200'+ WD Other Offshore Rigs Rig Type Drill Barge < 150' WD Drill Barge 150'+ WD Inland Barge Platform Rig Submersible Tender Floating Rigs Rig Type Drillship < 4000' WD Drillship 4000'+ WD Semisub < 1500' WD Semisub 1500'+ WD Semisub 4000'+ WD
Offshore Rig Day Rates
Rigs Working 7 rigs 29 rigs 15 rigs 79 rigs 56 rigs Total Rig Fleet 11 rigs 30 rigs 22 rigs 87 rigs 66 rigs Average Day Rate $248,960.00 $355,210.00 $281,995.83 $288,820.68 $367,142.28
Source: Rigzone
Offshore Rig Utilization by Type
Drill Barge Drillship Jackup Semisub Submersible Tender 81.8% 89.5% 88.7% 85% 50% 96.2% (9/11) (34/38) (339/382) (136/160) (3/6) (25/26)
Rigs Working 37 rigs 52 rigs 115 rigs 96 rigs 4 rigs 8 rigs 5 rigs 3 rigs 5 rigs 24 rigs 2 rigs 14 rigs
Total Rig Fleet 48 rigs 63 rigs 122 rigs 107 rigs 7 rigs 10 rigs 5 rigs 3 rigs 16 rigs 29 rigs 3 rigs 21 rigs
Average Day Rate $117,526.32 $129,620.00 $151,855.81 $183,680.00 $79,000.00 $137,000.00 $87,666.67 $137,700.00 $66,250.00 $89,554.17 -$78,445.00
Rigs Working 21 rigs 8 rigs 52 rigs 169 rigs 3 rigs 25 rigs
Total Rig Fleet 38 rigs 10 rigs 89 rigs 252 rigs 7 rigs 28 rigs
Average Day Rate $30,000.00 $77,000.00 $41,500.00 $35,743.90 $68,000.00 $96,643.48 Source: Rigzone
Source: Rigzone
Source: Lake Carriers Association
Source: Waterborne Commerce Statistics Center, New Orleans, La.
Source: Waterborne Commerce Statistics Center, New Orleans, La.
Source: Waterborne Commerce Statistics Center, New Orleans, La.
40 MN
December 2008