South America: offshore oil rig count 2019, by contract type

As of May 2019, the total supply of offshore oil rigs in South America was 33, while the amount of marketed and contracted offshore oil rigs was 27. Marketed contracted reflects all marketed rigs that have a contract in place, but it does not reflect the number of rigs actually working. The utilization rate of marketed offshore oil rigs in the region was 87.1 percent at that time.

Offshore oil rig count in South America in 2019, by contract type

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Source

Release date

May 2020

Region

Central and South America

Survey time period

As of May 15, 2019

Special properties

Includes all jackups, semi-submersibles, and drillships

Supplementary notes

* Marketed contracted reflects all marketed rigs that have a contract in place. 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, etc.

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