March 1998
Industry At A Glance

intoffshorerigs.html (Mar-1998)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.
March 1998 Vol. 219 No. 3

International Offshore Rigs
U.S. Gulf of Mexico   Europe/Mediterranean  Worldwide
Jan. 1998 Mobile Platform Mobile Platform*   Mobile Platform*
Rigs in fleet, 177 77 111 99 606 305
year ago 182 74 106 93 606 295
Contracted rigs, 171 60 107 96 582 273
year ago 161 56 105 90 558 257
Rig utilization, %, 96.6 77.9 96.4 96.9 96.0 89.5
year ago 88.5 75.7 99.0 96.8 92.1 87.1
Source: Offshore Data Services’ Weekly Mobile Offshore Rig Count
* Updated quarterly

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