Offshore Rig Day Rate Trends
Minimize rig costs with competitive offshore drilling day rates.
Updated monthly, the Day Rate Index tracks competitive mobile offshore drilling fleet day rates and utilization across four rig categories. Constructed with information from rig operators and owners, this index allows you to forecast offshore rig day rates.
Offshore Rig Coverage
- US Gulf of Mexico competitive jackup rigs
- Northwest Europe standard jackup rigs
- Worldwide semisubmersible rigs
- Worldwide floating rigs
February 18, 2014
Day rates published by IHS are presented in good faith based on our best understanding of the market at the time, and may be subject to adjustment. Day rates are charted as an average of the high and low for each month. Utilization is the percentage of contracted rigs out of the total competitive fleet supply. The data is updated on or about the 15th of each month. The data points used to derive the averages are available to subscribers to IHS Petrodata's RigBase or RigPoint market intelligence tools.
For additional information, please contact us.
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