By the numbers:

RIGS

Source: Wood Mackenzie Offshore Rig Tracker
Date: As of Jan/Feb 2022

Worldwide

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 14 58 72 81% -1%
Jackup 149 288 437 66% -4%
Semisub 39 42 81 52% -7%

Africa

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 1 11 12 92% -1%
Jackup 17 18 35 51% 0%
Semisub 1 3 4 75% -25%

Asia

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 5 3 8 38% 6%
Jackup 63 83 146 57% -3%
Semisub 19 6 25 24% -16%

Europe

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 5 3 8 38% -5%
Jackup 11 35 46 76% -5%
Semisub 10 17 27 63% 4%

Latin America and the Caribbean

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 2 20 22 91% 0%
Jackup 3 2 5 40% 0%
Semisub 2 9 11 82% -2%

Middle East

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 28 107 135 79% -4%
Jackup 0 0 0 0% 0%

North America

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 1 19 20 95% -5%
Jackup 23 33 56 59% -5%
Semisub 2 3 5 60% -20%

Oceania

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 0 0 0 0% 0%
Jackup 0 1 1 100% 0%
Semisub 0 4 4 100% 0%

Russia and Caspian

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 6 5 11 45% 0%
Jackup 4 - 4 0% 0%

Worldwide

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 15 57 72 79% -3%
Jackup 152 286 438 65% -1%
Semisub 40 42 82 51% -1%

Africa

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 1 11 12 92% 0%
Jackup 18 18 36 50% -1%
Semisub 1 2 3 67% -8%

Asia

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 5 6 10 50% 0%
Jackup 64 81 145 66% -1%
Semisub 19 6 25 24% 0%

Europe

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 7 1 8 13% -25%
Jackup 13 34 47 72% -4%
Semisub 9 19 28 68% 5%

Latin America and the Caribbean

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 1 21 22 95% 5%
Jackup 3 2 5 40% 0%
Semisub 3 8 11 73% 0%

Middle East

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 26 109 135 81% 1%
Jackup 0 0 0 0% 0%

North America

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 1 19 20 95% 0%
Jackup 23 33 56 59% 0%
Semisub 2 4 6 67% 7%

Oceania

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship - 0 0 - -
Jackup 0 2 2 100% 0%
Semisub 1 3 4 75% -25%

Russia and Caspian

Rig Type Available Contracted Grand Total Utilisation Difference
Drillship 6 5 11 45% 0%
Jackup 4 4 0% 0%