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Gulf of Mexico Rig Utilization

Total mobile rig utilization in the Gulf of Mexico remains at 50% this week with 63 of 126 mobile rigs under contract or committed for work. Marketed utilization, which excludes cold stacked and other non-marketed rigs, fell to 82.9% with 63 of 76 rigs under contract.


Within the jackup fleet, two Noble Drilling jackups departed the region for Mexico, while the Hercules 204 was released. As a result, total utilization now stands at 40% with 34 of 85 rigs under contract or committed for work. Marketed utilization is now 75.6% with 34 of 45 units contracted.


Floating rig utilization is unchanged this week. Overall, 29 of 35 rigs are under contract for utilization of 82.8%, while marketed utilization is 93.5% with 29 of 31 rigs under contract.


Total Platform rig fleet utilization fell slightly as one idle Nabors Offshore rig was returned to the total fleet while a previously contracted unit was released. Fleet utilization is now at 35.3% with 18 of 51 units under contract, with marketed utilization at 54.5% with 18 of 33 rigs contracted.


Inland barge utilization rose with the addition of one rig to the contracted rolls. Total fleet utilization now stands at 45.8% with 27 of 59 units under contract. One Basic Marine Services rig was added to the active fleet, and marketed utilization rose to 64.3% with 27 of 42 units under contract.

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