As of October 18, 2024, the total supply of offshore rigs in South America was 47 units, of which the amount of marketed and contracted rigs was 43. Marketed and contracted reflects all marketed rigs that have a contract in place, but it does not reflect the number of rigs actually working. In August 2024, the utilization rate in the region was 100 percent at that time, the highest offshore rig utilization rate of any region worldwide.
Monthly number of offshore oil and gas rigs in South America from October 2021 to October 2024, by contract type
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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IHS Markit. (October 18, 2024). Monthly number of offshore oil and gas rigs in South America from October 2021 to October 2024, by contract type [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1118235/south-america-offshore-oil-rig-count-contract-type/
IHS Markit. "Monthly number of offshore oil and gas rigs in South America from October 2021 to October 2024, by contract type." Chart. October 18, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1118235/south-america-offshore-oil-rig-count-contract-type/
IHS Markit. (2024). Monthly number of offshore oil and gas rigs in South America from October 2021 to October 2024, by contract type. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1118235/south-america-offshore-oil-rig-count-contract-type/
IHS Markit. "Monthly Number of Offshore Oil and Gas Rigs in South America from October 2021 to October 2024, by Contract Type." Statista, Statista Inc., 18 Oct 2024, https://www.statista.com/statistics/1118235/south-america-offshore-oil-rig-count-contract-type/
IHS Markit, Monthly number of offshore oil and gas rigs in South America from October 2021 to October 2024, by contract type Statista, https://www.statista.com/statistics/1118235/south-america-offshore-oil-rig-count-contract-type/ (last visited November 09, 2024)
Monthly number of offshore oil and gas rigs in South America from October 2021 to October 2024, by contract type [Graph], IHS Markit, October 18, 2024. [Online]. Available: https://www.statista.com/statistics/1118235/south-america-offshore-oil-rig-count-contract-type/
