Offshore rig count in South America by contract type 2021-2024

Published by Statista Research Department, Nov 28, 2024

As of November 22, 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. The utilization rate in the region is generally 100 percent, the highest offshore rig utilization rate of any region worldwide.

Monthly number of offshore oil and gas rigs in South America from November 2021 to November 2024, by contract type

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Release date

November 2024

Region

Central and South America

Survey time period

November 2021 to November 2024

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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