Marketed contracted reflects all marketed rigs that have a contract in place. This does not reflect the number of rigs actually working at any given time as some contracted rigs may be moving between locations, undergoing maintenance, waiting on weather, etc.
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Global offshore rig count by contract type 2021-2025
The total supply of offshore oil and gas rigs worldwide was *** in the week of September 26, 2025. Meanwhile, the amount of marketed and contracted offshore rigs was ***. Accordingly, the utilization rate of marketed offshore rigs was ** percent that month. South America tends to have the greatest offshore rig utilization rate of any region.
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S&P Global. (October 24, 2025). Monthly number of offshore oil and gas rigs worldwide from May 2021 to October 2025, by contract type [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 20, 2026, from /statistics/918404/offshore-oil-rig-global-count-by-contract-type/
S&P Global. "Monthly number of offshore oil and gas rigs worldwide from May 2021 to October 2025, by contract type." Chart. October 24, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 20, 2026. /statistics/918404/offshore-oil-rig-global-count-by-contract-type/
S&P Global. (2025). Monthly number of offshore oil and gas rigs worldwide from May 2021 to October 2025, by contract type. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 20, 2026. /statistics/918404/offshore-oil-rig-global-count-by-contract-type/
S&P Global. "Monthly Number of Offshore Oil and Gas Rigs Worldwide from May 2021 to October 2025, by Contract Type." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 24 Oct 2025, /statistics/918404/offshore-oil-rig-global-count-by-contract-type/
S&P Global, Monthly number of offshore oil and gas rigs worldwide from May 2021 to October 2025, by contract type ÌÇÐÄÆÆ½â°æ, /statistics/918404/offshore-oil-rig-global-count-by-contract-type/ (last visited July 20, 2026)
Monthly number of offshore oil and gas rigs worldwide from May 2021 to October 2025, by contract type [Graph], S&P Global, October 24, 2025. [Online]. Available: /statistics/918404/offshore-oil-rig-global-count-by-contract-type/