By the numbers:

RIGS

Source: Wood Mackenzie Offshore Rig Tracker
Date: As of July/August 2022

Worldwide

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 20 67 87 77% -8%
Jackup 167 287 454 63% -3%
Semisub 27 54 81 67% 2%

Africa

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 1 12 13 92% 0%
Jackup 16 18 34 53% 0%
Semisub 2 1 3 33% -33%

Asia

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 10 5 15 33% -22%
Jackup 75 81 156 52% -6%
Semisub 10 13 23 57% 4%

Europe

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 3 6 9 67% -8%
Jackup 9 36 45 80% 0%
Semisub 6 21 27 78% 6%

Latin America and the Caribbean

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 3 24 24 89% 0%
Jackup 3 3 6 50% 0%
Semisub 4 9 13 69% 0%

Middle East

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 1 1 100% 0%
Jackup 29 115 144 80% -2%

North America

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 1 19 20 95% 0%
Jackup 27 27 54 50% 0%
Semisub 1 5 6 83% 0%

Oceania

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 0 0 0 0% 0%
Jackup 3 3 100% 0%
Semisub 5 5 100% 0%

Russia and Caspian

Rig Type Available Contracted Grand Total Utilisation Difference
Semisub 4 4 0% 0%
Jackup 7 4 11 36% 0%

Worldwide

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 21 66 87 76% -1%
Jackup 193 289 482 60% -3%
Semisub 28 53 81 65% -1%

Africa

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 1 13 14 93% 1%
Jackup 19 15 34 44% -9%
Semisub 2 1 3 33% 0%

Asia

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 10 5 15 33% 0%
Jackup 78 85 163 52% 0%
Semisub 11 12 23 52% -4%

Europe

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 3 5 8 63% -4%
Jackup 10 34 44 77% -3%
Semisub 5 22 27 81% 4%

Latin America and the Caribbean

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 4 22 26 85% -4%
Jackup 3 3 6 50% 0%
Semisub 5 8 13 62% -8%

Middle East

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 1 1 100% 0%
Jackup 50 114 164 70% -10%

North America

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 1 20 21 95% 0%
Jackup 27 28 55 51% 1%
Semisub 1 5 6 83% 0%

Oceania

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship - - - - -
Jackup - 3 3 100% 0%
Semisub 1 4 5 80% -20%

Russia and Caspian

Rig Type Available Contracted Grand Total Utilisation Difference
Semisub 3 1 4 25% 25%
Jackup 7 4 11 36% 0%

Global Average Dayrates

Floaters
Ultradeep water Deepwater Midwater
323.9 220.0 171.3
Jackups
Hi-spec Premium Standard
144.5 103.5 95.0