December 1998
Industry At A Glance

int-offshore-rigs.html (Dec-1998)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.
Archive
December 1998 Vol. 219 No. 12
Industry Stats 

International Offshore Rigs

U.S. Gulf of Mexico   Europe/Mediterranean  Worldwide
Oct. 1998 Mobile Platform Mobile Platform*   Mobile Platform*

Rigs in fleet, 176 80 113 98 610 315
year ago 175 79 110 101 605 306
Contracted rigs, 139 48 108 96 532 261
year ago 169 67 105 96 577 272
Rig utilization, %, 79.0 60.0 95.6 97.9 87.2 82.9
year ago 96.6 84.4 95.5 95.0 95.4 88.9

Source: Offshore Data Services’ Weekly Mobile Offshore Rig Count
* Updated quarterly

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