May 1998
Industry At A Glance

98-05_intoffshorerigs.html (May-1998)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.

May 1998 Vol. 219 No. 5 
Industry Stats 

International Offshore Rigs

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

Rigs in fleet, 176 81 110 99 610 308
year ago 182 74 105 92 605 295
Contracted rigs, 171 61 106 95 586 267
year ago 168 53 104 90 570 257
Rig utilization, %, 97.1 75.3 96.3 95.9 96.1 86.7
year ago 92.3 71.6 99.0 97.8 94.2 87.1

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

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