In 2019, a 76.3 percent share of the world's marketed contracted offshore oil rigs were utilized on average. The term marketed contracted reflects all marketed oil rigs that have a contract in place.
Marketed utilization rate of offshore oil rigs worldwide from 2017 to 2019
The figures include all marketed contracted jackups, semi-submersibles, and drillships. Marketed contracted reflects all marketed rigs that have a contract in place, and by extension, marketed utilization refers to the utilization rate of marketed contracted rigs.
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, and so on.
This statistic was assembled using several editions of updated data from the source. The figure for 2017 refers to the period of one year prior to September 28, 2018.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IHS Markit. (January 31, 2020). Marketed utilization rate of offshore oil rigs worldwide from 2017 to 2019 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1093359/offshore-oil-rig-global-marketed-utilization/
IHS Markit. "Marketed utilization rate of offshore oil rigs worldwide from 2017 to 2019." Chart. January 31, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1093359/offshore-oil-rig-global-marketed-utilization/
IHS Markit. (2020). Marketed utilization rate of offshore oil rigs worldwide from 2017 to 2019. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1093359/offshore-oil-rig-global-marketed-utilization/
IHS Markit. "Marketed Utilization Rate of Offshore Oil Rigs Worldwide from 2017 to 2019." Statista, Statista Inc., 31 Jan 2020, https://www.statista.com/statistics/1093359/offshore-oil-rig-global-marketed-utilization/
IHS Markit, Marketed utilization rate of offshore oil rigs worldwide from 2017 to 2019 Statista, https://www.statista.com/statistics/1093359/offshore-oil-rig-global-marketed-utilization/ (last visited November 21, 2024)
Marketed utilization rate of offshore oil rigs worldwide from 2017 to 2019 [Graph], IHS Markit, January 31, 2020. [Online]. Available: https://www.statista.com/statistics/1093359/offshore-oil-rig-global-marketed-utilization/
