February 1999
Industry At A Glance

99-02_int-offshore-rigs.html (Feb-1999)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.
February 1999 Vol. 220 No. 2 
Industry Stats 

International Offshore Rigs
U.S. Gulf of Mexico   Europe/Mediterranean  Worldwide
Dec. 1998 Mobile Platform Mobile Platform*   Mobile Platform*
Rigs in fleet, 178 80 109 99 612 317
year ago 176 78 111 99 606 305
Contracted rigs, 132 49 101 88 517 255
year ago 170 62 107 96 581 273
Rig utilization, %, 74.2 61.3 92.7 88.8 84.5 80.4
year ago 96.6 79.5 96.4 97.0 95.9 89.5

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

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Copyright © 1999 Gulf Publishing Company
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