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Petrodata Offshore Rig Day Rate Trends

Analyze offshore drilling costs with timely IHS Markit day rate data

Updated monthly, the Offshore Rig Day Rate Trends report tracks competitive mobile offshore drilling fleet day rates and utilization across four representative rig categories. Constructed with information from rig operators and owners worldwide, offshore rig day rate data is the most accurate information of its type available from any source.

Offshore Rig Day Rate Trend Coverage

IHS Markit can provide current and historical day rates for all offshore rig categories worldwide.

The monthly Offshore Rig Day Rate Trends report provides information on four rig categories:

  • Worldwide deepwater drillships
  • Worldwide deepwater semisusbmersible drilling units
  • Northwest Europe harsh environment standard jackups
  • Southeast Asia large jackup drilling rigs

June 2018

Day rates published by IHS are presented in good faith based on our best understanding of the market at the time, and may be subject to adjustment. Day rates are charted as an average of the high and low for each month. Utilization is the percentage of contracted rigs out of the total competitive fleet supply. The data is updated on or about the 15th of each month. The data points used to derive the averages are available to subscribers to Petrodata's RigBase or RigPoint market intelligence tools.

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