July 1998
Industry At A Glance

intoffshorerigs.html (Jul-1998)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.
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July 1998 Vol. 219 No. 7
Industry Stats 

International Offshore Rigs

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

Rigs in fleet, 173 81 114 99 609 308
year ago 180 73 106 92 604 295
Contracted rigs, 165 62 109 95 581 267
year ago 170 60 105 90 577 257
Rig utilization, %, 95.4 76.6 95.6 95.9 95.4 86.7
year ago 94.4 82.2 99.1 97.8 95.5 87.1

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

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