Offshore drilling rig day rates

RigLogix Offshore Rig Data | Westwood Global

We are the leading source of commercial offshore rig data and intelligence, trusted by E&P and supply chain companies. Request your demo now.

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

Upstream Solutions | S&P Global

Unlock the potential of your oil & gas upstream & midstream operations with data, insights, software and AI solutions from Platts & IHS Markit now under S&P Global.

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

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

Report: Asia-Pacific rig rates, demand rising

Borr Drilling''s Saga recently secured a four-year deal at a rate reportedly just under $105,000 per day, while the same operator has taken the Valaris 115 for four years in the

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

Petrodata Weekly Rig Count | S&P Global

The information provided and much more data on the offshore rig fleet can be sourced via the S&P Global proprietary offshore rigs information products,

DRILLING RIG ECONOMICS: Day rate support, constraint for

DRILLING RIG ECONOMICS: Day rate support, constraint for life of offshore drilling units needed Key to replacement of aging rig fleet April 30, 2001 5 min read

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,

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,

Operators consider novel rig deals to limit day rates

Offshore staff LONDON — Offshore rig rates hit a nine-year high last year, according to a report from Westwood Global Energy Group

Petrodata Rigs

For companies working in or evaluating the ofshore drilling industry, Petrodata Rigs is a tool that delivers the most trusted data and market intelligence on the global ofshore drilling rig fleet,

Westwood Insight – Offshore drilling upcycle continues, but 2025

3. Leading-edge dayrates will decline 2024 brought some additional clean (that is, excluding additional items such as MPD or integrated services) floating rig rates above

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

The analysis noted that day rates have rebounded sharply for select rig classes, with incremental demand emerging from key geographies. Leading edge day rates are

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

Empirical relations characterize rig day rates

Global active rig count and oil prices. Source: Data from RigLogix, 2011; EIA 2011. When regional utilization is low, the supply of stacked units is

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

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

Global Offshore Drilling Rig Dayrate Forecast

Westwood''s Global Offshore Drilling Rig Dayrate Forecast 2024-2028 report provides detailed insight on historical offshore drilling rig dayrate

Offshore drilling highlights: Top paid rigs in 2H 2023

After pouring over the available day rate information within fleet status reports from three offshore drilling giants – Transocean, Noble

Latest rig report sees ''some softness'' in jackup day rates

Bruce Beaubouef, Managing Editor Evercore ISI''s latest Offshore Oracle report indicates that there is "some softness" in jackup dayrates in the Southeast Asia market, while

Clarksons Research: Offshore oil and gas vessel

Offshore oil and gas markets continued to strengthen in 2023, with the Clarksons Offshore Index rising by a further 27% to a multi-year high of

Offshore vessel day rates slip as market softens

Average day rates for high-spec offshore drilling rigs and OSVs slipped in the first half from the record levels seen 12 months ago, but are still tracking well above long-term

Petrodata Rigs

For companies working in or evaluating the offshore drilling industry, Petrodata Rigs is a tool that delivers the most trusted data and market intelligence on the global offshore drilling rig fleet,

Offshore drilling rig day rates [PDF]

Mining Drilling Rigs Inc.