West Africa: offshore rigs by contract type 2022

West Africa had a total supply of 45 offshore oil and gas rigs in the week of December 16, 2022. Of these, the marketed supply was 37 rigs. The utilization rate of marketed offshore rigs in the this region was 86.1 percent that month, up from 62.1 percent in May 2021.

Monthly number of offshore oil and gas rigs in West Africa from May 2021 to December 2022, by contract type

Characteristic	Total supply	Marketed supply	Marketed contracted
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Release date

December 2022

More information

Region

Africa

Survey time period

May 2021 to December 2022

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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