Global offshore oil rig marketed utilization 2017-2019

In 2019, a 76.3 percent share of the world's marketed contracted offshore oil rigs were utilized on average. The term marketed contracted reflects all marketed oil rigs that have a contract in place.

Marketed utilization rate of offshore oil rigs worldwide from 2017 to 2019

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Source

Release date

January 2020

Region

Worldwide

Survey time period

2017 to 2019

Supplementary notes

The figures include all marketed contracted jackups, semi-submersibles, and drillships. Marketed contracted reflects all marketed rigs that have a contract in place, and by extension, marketed utilization refers to the utilization rate of marketed contracted rigs.
This does not reflect the number of rigs actually working at any given time as some contracted rigs may be moving between locations, undergoing maintenance, waiting on weather, and so on.
This statistic was assembled using several editions of updated data from the source. The figure for 2017 refers to the period of one year prior to September 28, 2018.

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Statistics on "Global oil rigs"

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