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Offshore drilling rig count day rate

Rigs report: drillers bullish as day rates and

As OSJ has reported, day rates for deepwater rigs have improved significantly, with a tightening offshore market improving contract terms and

IADC Offshore Regional Forum

6th Gen HE SS - $484,000 Short term work likely to achieve higher day rates Operators are now more likely to pay for other costs (mobilizations, reactivations) Rate increases will trickle down

How Much Does a Drilling Rig Cost in 2025? (New,

The cost of buying a new drilling rig ranges from $3-4 million for basic land rigs to over $1 billion for advanced offshore rigs. Land rig rentals

Report: Rig dayrates on the rise in Southeast Asia | Offshore

Bruce Beaubouef * Managing Editor Dayrates for all types of rigs in Southeast Asia are witnessing robust growth, demonstrating an increase in demand and tightening supply,

Upstream Supply Chain | Wood Mackenzie

Offshore Drilling & Rigs Service delivers quarterly trends and outlook reports for the drilling & rig space (includes both floating & jack-up markets) with

Offshore Drilling Outlook to 2035

Ofshore rig market remains depressed and will be slow to recover With the oil price recovering through the majority of 2018, Brent crossed over USD80/bbl before settling down to USD60

Indian rig rates, Day rates, offshore rigs, Rig

The rig movement database compiles information on rigs active in India, both inland and offshore helps E & P operators rig movement, availability and day

Gloomy offshore rig market pins hopes on 2026 rebound

The offshore drilling rig market is facing a challenging 2025 as dayrates continue to soften amid sluggish demand, but a potential 2026

Offshore Energy Data Dashboard

Offshore Energy Data Dashboard Each month Westwood''s Offshore and New Energies teams provide a global data update on oil and gas-related engineering, procurement

Offshore Drilling Rigs Market Size | Mordor Intelligence

The Offshore Drilling Rigs Market size is expected to reach USD 78.16 billion in 2025 and grow at a CAGR of 6.78% to reach USD 108.51 billion by 2030.

OPINION | Offshore drilling upcycle continues, but

Offshore drilling sees strong 2024, but market corrections expected in 2025 due to declining demand and dayrates. Inflationary pressures to drive

Global Onshore Drilling Rig Rates: Q1 2025 Regional

Executive Summary As the global onshore drilling market enters 2025, distinct regional variations are emerging, driven by factors such as

Global Land Drilling Rigs Tracker

Each month Westwood''s onshore team provides a global update on land drilling rig supply, with data sourced from and analysed using Westwood''s Global Land Rig tool.

Offshore rigs utilization rate by region 2025| Statista

South America had the highest marketed utilization rate of offshore oil and gas rigs in the week of August 15, 2025. *** percent of the

Offshore Drilling Rates Approaching $500,000 Per Day Mark

The global offshore drilling market is continuing to experience a significant rebound with rig utilization now returning pre-pandemic levels, leading to a 40% increase in rates over

Offshore Drilling Rates Approaching $500,000 Per

The global offshore drilling market is continuing to experience a significant rebound with rig utilization now returning pre-pandemic levels,

Rig Dayrates Have Risen, So Where are the New rig Orders?

Much has been written in recent months about the increase in offshore rig utilization and dayrates. With some key segments of the fleet at 95% utilization or higher, dayrates for recent fixtures

Middle East drilling rates down almost 20% since Aramco''s crude

The cost to use a drilling rig to explore for crude oil and natural gas in the Middle East may have bottomed out after dropping almost 20% since the end of 2023 after Saudi Aramco cancelled

Middle East Rig Market Update & Outlook

Global Rig Market Recovery All signs continue to point toward an enduring global offshore rig market recovery. Changes in Global Offshore Rig (Jackups, Semis & Drillships) Data Between

Rig utilisation rate to near 100% in 2024 as drilling

Consultant Westwood Global Energy expects the global offshore rig market in 2024 will see further utilisation growth, building on last year''s post-pandemic recovery that saw

Asia Pacific: offshore rigs by contract type 2025| Statista

There were a total of ** offshore rigs in Southeast Asia in the week of August 15, 2025. The number of marketed and contracted offshore oil rigs amounted to ** units, bringing

Day Rate in Oil Drilling: Definition, Calculation, and

The day rate in oil drilling refers to the total daily cost of renting a drilling rig, including personnel and incidentals. It''s calculated by dividing the total

Post-downturn offshore upcycle shows stability heading into next

2024 Features Global and Regional Markets November/December The Offshore Frontier Post-downturn offshore upcycle shows stability heading into next year Growth in

A Look At Offshore Drilling Day Rates | TalkMarkets

Baker Hughes initiated the monthly international rig count in 1975. The North American rig count is released weekly at noon Central Time on the last day of the work week.

S&P Global Commodity Insights

Petrodata Rigs by S&P Global provides unrivalled industry-leading data on the global offshore drilling rig market and gives answers to key rig market questions, such as availability, day

Westwood Insight – As dayrates continue north, could we see

The price to rent an offshore rig hit a nine-year high last year with jackups, semisubmersibles and drillships costing on average US$118,000, $368,000 and $419,000,

Offshore vessel day rates slip as market softens

Average day rates for high-spec AHTSs and PSVs are down modestly, as oil developers defer project sanctions amid global economic and geopolitical uncertainty Average

Report: ''Big 3 offshore drillers'' reporting increasing day rates

Day rates for both floaters and jackups are on the rise, Evercore said. The primary drivers of higher rig day rates are tight rig supply; drillers remaining disciplined about rig

Canadian Oil Rigs | Canadian Energy Services | CAOEC

"Drilling": The rig is drilling and billing drilling day rate. "Moving": The rig is in transit, on standby, on rig watch, billing at a non-drilling rate, or performing other non-drilling activities

Petrodata Weekly Rig Count | S&P Global

View the Petrodata Offshore Rig Day Rate Trends Report. S&P Global Petrodata Weekly Rig Count provides reliable offshore oil rig data by major regions and

Weekly Global Offshore Rig Counts

6 days ago· Weekly offshore rig count totals for jackup and floating drilling rigs across the key global regions, with data provided by RigLogix.

Offshore drilling rig count day rate [PDF]

Mining Drilling Rigs Inc.