Marine Link
Thursday, September 29, 2016

U.S. Gulf rig utilization still climbing

August 17, 2000

U.S. Gulf rig utilization still climbing U.S. Gulf and worldwide offshore rig demand increased again this week, according to Offshore Data Services' weekly mobile offshore rig count. Offshore rig utilization in the U.S. Gulf is at 85.5 percent. U.S. Gulf rig utilization has not been this high since August 1998. This week the number of rigs under contract rose to 177; only 30 of the region's 207 rigs are available.

Worldwide offshore rig utilization rose slightly to 85.0 percent, its highest level since November 1998. Of a total of 642 offshore rigs worldwide, 546 are under contract.

European rig utilization remains unchanged from last week at 87.4 percent. Of 103 total rigs available in this region, 90 have contracts. (Offshore Data Services)



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News