The total supply of offshore rigs in Northwestern Europe was 55 in the week of October 18, 2024. This was the same number as a month prior. The amount of marketed and contracted offshore rigs was 48. The utilization rate of marketed offshore oil rigs in this region was 88.9 percent that month.
Monthly number of offshore oil and gas rigs in Northwest Europe from October 2021 to October 2024, by contract type
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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IHS Markit. (October 18, 2024). Monthly number of offshore oil and gas rigs in Northwest Europe from October 2021 to October 2024, by contract type [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1118240/europe-offshore-oil-rig-count-by-contract-type/
IHS Markit. "Monthly number of offshore oil and gas rigs in Northwest Europe from October 2021 to October 2024, by contract type." Chart. October 18, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1118240/europe-offshore-oil-rig-count-by-contract-type/
IHS Markit. (2024). Monthly number of offshore oil and gas rigs in Northwest Europe from October 2021 to October 2024, by contract type. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1118240/europe-offshore-oil-rig-count-by-contract-type/
IHS Markit. "Monthly Number of Offshore Oil and Gas Rigs in Northwest Europe from October 2021 to October 2024, by Contract Type." Statista, Statista Inc., 18 Oct 2024, https://www.statista.com/statistics/1118240/europe-offshore-oil-rig-count-by-contract-type/
IHS Markit, Monthly number of offshore oil and gas rigs in Northwest Europe from October 2021 to October 2024, by contract type Statista, https://www.statista.com/statistics/1118240/europe-offshore-oil-rig-count-by-contract-type/ (last visited November 21, 2024)
Monthly number of offshore oil and gas rigs in Northwest Europe from October 2021 to October 2024, by contract type [Graph], IHS Markit, October 18, 2024. [Online]. Available: https://www.statista.com/statistics/1118240/europe-offshore-oil-rig-count-by-contract-type/