Global offshore rig count by contract type 2021-2024
The total supply of offshore oil and gas rigs worldwide was 693 in the week of April 12, 2024. Meanwhile, the amount of marketed and contracted offshore rigs was 562. Accordingly, the utilization rate of marketed offshore rigs was 91.8 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.