The total supply of offshore oil and gas rigs worldwide was 692 in the week of June 14, 2024. Meanwhile, the amount of marketed and contracted offshore rigs was 557. Accordingly, the utilization rate of marketed offshore rigs was 90.9 percent that month. This was roughly the same in comparison with the previous month. South America has the greatest offshore rig utilization rate of any region.
Monthly number of offshore oil and gas rigs worldwide from June 2021 to June 2024, by contract type
Characteristic
Total supply
Marketed supply
Marketed contracted
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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. (June 17, 2024). Monthly number of offshore oil and gas rigs worldwide from June 2021 to June 2024, by contract type [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/918404/offshore-oil-rig-global-count-by-contract-type/
IHS Markit. "Monthly number of offshore oil and gas rigs worldwide from June 2021 to June 2024, by contract type." Chart. June 17, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/918404/offshore-oil-rig-global-count-by-contract-type/
IHS Markit. (2024). Monthly number of offshore oil and gas rigs worldwide from June 2021 to June 2024, by contract type. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/918404/offshore-oil-rig-global-count-by-contract-type/
IHS Markit. "Monthly Number of Offshore Oil and Gas Rigs Worldwide from June 2021 to June 2024, by Contract Type." Statista, Statista Inc., 17 Jun 2024, https://www.statista.com/statistics/918404/offshore-oil-rig-global-count-by-contract-type/
IHS Markit, Monthly number of offshore oil and gas rigs worldwide from June 2021 to June 2024, by contract type Statista, https://www.statista.com/statistics/918404/offshore-oil-rig-global-count-by-contract-type/ (last visited July 22, 2024)
Monthly number of offshore oil and gas rigs worldwide from June 2021 to June 2024, by contract type [Graph], IHS Markit, June 17, 2024. [Online]. Available: https://www.statista.com/statistics/918404/offshore-oil-rig-global-count-by-contract-type/