
Page 70: of Offshore Engineer Magazine (Mar/Apr 2025)
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by the numbers
RIGS
Worldwide Latin America & the Caribbean Russia & Caspian
Rig Type Available Contracted Total Utilization Rig Type Available Contracted Total Utilization Rig Type Available Contracted Total Utilization
Drillship 14 74 88 84% Drillship 1 32 33 97% Jackup 9 1 10 10%
Jackup 204 274 478 57% Jackup 4 4 8 50% Semisub 1 2 3 67%
Semisub 24 45 69 65% Semisub 1 9 10 90% Global Average Dayrates Floaters Jackups
Africa Middle East
Rig Type Available Contracted Total Utilization Rig Type Available Contracted Total Utilization Ultradeep water 437.9 High-spec 187.8
Drillship 2 11 13 85% Jackup 58 115 173 66% Deepwater 254.1 Premium 128.8
Jackup 12 20 32 63% Drillship Midwater 397.3 Standard 93.3
Semisub 2 2 100%
North America Rig Type Available Contracted Total UtilizationAsia
Rig Type Available Contracted Total Utilization Drillship 1 21 22 95%
This data focuses on the marketed rig feet and excludes
Drillship 5 4 9 44% Jackup 31 19 50 38% assets that are under construction, retired, destroyed,
Jackup 80 78 158 49% Semisub 2 2 100% deemed noncompetitive or cold stacked.
Semisub 18 4 22 18%
Oceania
Europe Rig Type Available Contracted Total Utilization
Rig Type Available Contracted Total Utilization Drillship
Drillship 3 5 8 63% Jackup 2 2 100%
Data as of April 2025
Jackup 9 32 41 78% Semisub 5 5 100%
Source: Wood Mackenzie Offshore Rig Tracker
Semisub 3 21 24 88% discoveries & Reserves
Offshore New Discoveries
Water Depth 2020 2021 2022 2023 2024 2025
Deepwater 13 14 23 15 17 3
Shallow water 52 60 47 63 41 5
Ultra-deepwater 12 7 22 13 5 2 Shallow water (1-399m) Deepwater (400-1,499m)
Grand Total 77 81 92 91 63 10 Ultra-deepwater (1,500m+)
Offshore Undeveloped Recoverable Reserves
Water Depth Number Recoverable Recoverable of felds reserves gas mboe reserves liquids mbl
Deepwater 602 48,003 22,243
Contingent, good technical, probable development.
Shallow water 3,308 440,457 153,739
Ultra-deepwater 350 41,288 25,155
The total proven and probably (2P) reserves which are
Grand Total 4,260 529,748 201,137 deemed recoverable from the reservoir.
Offshore Onstream & Under Development Remaining Reserves
Region Number Remaining Remaining of felds reserves gas mboe reserves liquids mbl
Africa 584 17,587 11,937
Asia 849 15,540 7,287
Europe 716 11,533 10,684
Latin America and the Caribbean 201 7,756 41,171
Middle East 151 103,360 145,739
North America 473 2,732 13,329 Onstream and under development.
Oceania 80 10,200 1,015
Russia and the Caspian 60 16,968 12,137 The portion of commercially recoverable 2P reserves yet to be recovered from the reservoir.
Grand Total 3,114 185,676 243,299
Source: Wood Mackenzie Lens Direct 70 OFFSHORE ENGINEER OEDIGITAL.COM