RigData Insights

Rigs in the Gulf of Mexico: Take a Look At Current Fleet Utilization

  • Tuesday, June 12, 2018
  • Posted By Greg Tsichlis

GOM utilization chart 061218 

 

 Source: S&P Global Platts Analytics, Gulf of Mexico Activity Report, June 11, 2018

Gulf of Mexico Utilization Summary

 

Total mobile rig utilization in the Gulf of Mexico remains the same this week. Current fleet utilization checks in at 47.7%, with 31 of 65 rigs under contract or committed for work. Utilization of the marketed rig fleet, which excludes cold stacked rigs and other rigs that are here but not marketed in the U.S. Gulf of Mexico also stays the same at 72.1% with 31 of 43 units under contract.


Jackup total fleet utilization continues to hold at 37.5%, with 9 of 24 units under contract. Marketed jackup utilization hovers at 81.8%, with 9 of 11 units under
contract.

 

Floating rig total fleet utilization holds at 53.7%, with 22 of 41 units under contract. Marketed utilization holds steady at 68.8%, with 22 of 32 units under contract.

 
Total platform rig utilization stays put at 44.4%, with 16 of 36 units under contract. Marketed utilization also holds at 61.5%, with 16 of 26 units under contract.

 

Inland barge utilization stabilizes with 7 of 44 units under contract, for a utilization rate of 15.9%. Marketed barge utilization levels out at 21.2%, with 7 of 33 units under contract.

 

Upstream Activity Data for North America and the Gulf of Mexico

For more information on North American upstream activity including permitting, drilling activity, production and completion data please contact S&P Global Platts via email customerservice@rigdata.com or call 800-371-0083.

 

 

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