Jackup rigs demand share by world region 2023-2028

The Middle East accounted for a 46 percent share of the global jackup rig demand that is expected between 2023 and 2028. This is followed by the U.S. Gulf of Mexico and Mexico, which is expected to account for a 12 percent share of global jackup rig demand during that five year period.

Forecast distribution of demand for jackup rigs worldwide from 2023 to 2028, by region

Characteristic	Share of demand
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Release date

May 2023

More information

Region

Worldwide

Survey time period

as of April 2023

Special properties

share of expected jackup rig demand over the five years from 2023-2028

Supplementary notes

The demand figures represent the number of operating rigs as a percentage of the total jackup rigs.
Rigs that are currently stacked with a future contract are shown in the location of their future contract, including eight jackup rigs that are owned by Valaris and which are leased to ARO Drilling in Saudi Arabia. This excludes nine jackup rigs that are owned by ARO Drilling (operating and under construction), two rigs that Valaris manages on behalf of a customer, and two drillships that Valaris has the option to purchase by the end of 2023.
The figures are excluding China and Iran.

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