North America hosts the most oil and gas rigs worldwide. As of September 2025, there were ****land rigs in that region, with a further **Â rigs located offshore. The average number of global oil rigs reached units in 2024.Â
Offshore rigs and their utilization
Oil platforms or rigs are structures that do any of the following: drill oil and gas wells, extract and process oil and gas, or store oil and gas for short periods of time. The various rig types include jackups, semi-submersibles, and drill ships. Offshore oil platforms also often house the crew that works on them. The highest number of offshore rigs are found in ***, although the offshore rig utilization rate tended to be lower than in other regions.Â
Largest contractors
Switzerland-based Transocean Ltd is the world's top offshore drilling contractor bases on revenue within the energy equipment and services sector. In its 2024 fiscal year, it reported a revenue of some *** billion U.S. dollars.
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Baker Hughes. (October 3, 2025). Number of oil and gas rigs worldwide as of September 2025, by region and type [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 03, 2026, from /statistics/326727/global-gas-and-oil-rig-numbers-by-region/
Baker Hughes. "Number of oil and gas rigs worldwide as of September 2025, by region and type." Chart. October 3, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 03, 2026. /statistics/326727/global-gas-and-oil-rig-numbers-by-region/
Baker Hughes. (2025). Number of oil and gas rigs worldwide as of September 2025, by region and type. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 03, 2026. /statistics/326727/global-gas-and-oil-rig-numbers-by-region/
Baker Hughes. "Number of Oil and Gas Rigs Worldwide as of September 2025, by Region and Type." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 3 Oct 2025, /statistics/326727/global-gas-and-oil-rig-numbers-by-region/
Baker Hughes, Number of oil and gas rigs worldwide as of September 2025, by region and type ÌÇÐÄÆÆ½â°æ, /statistics/326727/global-gas-and-oil-rig-numbers-by-region/ (last visited August 03, 2026)
Number of oil and gas rigs worldwide as of September 2025, by region and type [Graph], Baker Hughes, October 3, 2025. [Online]. Available: /statistics/326727/global-gas-and-oil-rig-numbers-by-region/