Offshore rig count in South America by contract type 2021-2025

Published by Statista Research Department, May 21, 2025

As of May 16, 2025, the total supply of offshore rigs in South America was ** units, of which the amount of marketed and contracted rigs was **. Marketed and contracted reflects all marketed rigs that have a contract in place, but it does not reflect the number of rigs actually working. The utilization rate in the region is generally *** percent, the highest offshore rig utilization rate of any region worldwide.

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Monthly number of offshore oil and gas rigs in South America from May 2021 to May 2025, by contract type

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Release date

May 2025

Region

Central and South America

Survey time period

May 2021 to May 2025

Supplementary notes

Marketed contracted reflects all marketed rigs that have a contract in place. This does not reflect the number of rigs actually working at any given time as some contracted rigs may be moving between locations, undergoing maintenance, waiting on weather, etc.

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