RigData Insights

Rig Utilization Remains Steady in the US Gulf of Mexico

  • Friday, October 5, 2018
  • Posted By Greg Tsichlis

Gulf of Mexico rig utilization rates

 Source: S&P Global Platts Gulf of Mexico Activity Report

Weekly Report Offers Insight Into Upstream Activity in the Gulf of Mexico and U.S. Offshore



Total mobile rig utilization in the Gulf of Mexico remains the same this week at 50.8%, with 33 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 holds steady as well at 80.5% with 33 of 41 units under contract.

Jackup total fleet utilization remains at 42.3%, with 11 of 26 units under contract. Marketed jackup utilization holds at 91.7% with 11 of 12 units under contract.

Floating rig total fleet utilization remains at 56.4%, with 22 of 39 units under contract. Marketed utilization holds at 75.9%, with 22 of 29 units under contract.

Total platform rig utilization is stable at 41.7%, with 15 of 36 units under contract. Marketed utilization continues to hold at 57.7%, with 15 of 26 units under contract.

Inland barge utilization drops to 11.4% with 5 of 44 units under contract. Marketed barge utilization drops as well to 17.9%, with 5 of 28 units under contract.


Platts  Gulf of Mexico Activity Report details new drilling plans, well permits filed, current rig locations and their status every week. A dashboard view of utilization rates, rig supply and demand broken out by rig type including a historical perspective helps you to identify trends in the offshore market.




Receive a free one month trial of Platts Gulf of Mexico Activity Report (4 issues). Each week you'll receive well permit information, rig status details, well information including API number, and new drilling plans filed. Start your free trial today!


Call 800-371-0083 or email CustomerService.RigData@spglobal.com.

Mention code 7HHONRPT


Useful for business development and new leads, Platts Gulf of Mexico Activity Report includes operator information with complete contact details, location and permit type along with the drilling contractor involved. 


More Upstream Activity Data for U.S. offshore and onshore

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@spglobal.com or call 800-371-0083.




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