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Global offshore rig utilization rate by region 2020

This statistic depicts the utilization rate of offshore oil and gas rigs worldwide as of January 2020, sorted by region. At that point, an 86.7 percent share of the marketed oil and gas rigs in Northwest Europe were being utilized, where the total supply of oil and gas rigs amounted to 89 rigs, of which 75 were marketed, and 65 were marketed and contracted.

Utilization rate of offshore rigs worldwide as of January 2020, by region*

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Source

Release date

January 2020

Region

Worldwide

Survey time period

as of January 2020

Supplementary notes

* Marketed utilization rate.
Utilization rate is calculated by dividing the number of rigs contracted by the total marketed rig fleet.

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Statistics on "Global oil rigs"

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