Rigs Solution

Gain rig fleet pricing data & offshore cost analytics

Benchmark rig day rates, equipment pricing and offshore service costs. Strengthen tendering, procurement and bid strategy with real-time rig market data.

Rig market pricing depth

Benchmark rig costs with high-frequency market data

Access rig day rates, equipment pricing and service costs across global basins and rig types with continuous updates.

Integrated rig cost & fleet analytics

Make faster rig sourcing decisions with unified tools

Interactive tools let you compare rig economics, forecast utilization and score fleet options within one workflow.

Analyst insight & strategic context

Turn complex rig market trends into confident decisions

Receive tailored analyst briefings and expert interpretation of pricing drivers, utilization patterns and demand shifts.

Trusted by businesses across the globe

ConocoPhillipsHarbour EnergyChevronOrlenDNBGeneral IndexInpexTechnip EnergiesSBM OffshoreConocoPhillipsHarbour EnergyChevronOrlenDNBGeneral IndexInpexTechnip EnergiesSBM OffshoreConocoPhillipsHarbour EnergyChevronOrlenDNBGeneral IndexInpexTechnip EnergiesSBM OffshoreConocoPhillipsHarbour EnergyChevronOrlenDNBGeneral IndexInpexTechnip EnergiesSBM OffshoreConocoPhillipsHarbour EnergyChevronOrlenDNBGeneral IndexInpexTechnip EnergiesSBM Offshore

Fleet and market intelligence

Know every rig's specs, location, and availability before you need it

Rig-by-rig technical specifications and location data across 7,500+ land rigs and the full offshore fleet, so fleet decisions and procurement are based on true availability

Contracting and rate intelligence

Stay ahead of day-rate movements and demand shifts

Econometric models turn historical data into reliable day-rate and demand forecasts, so contracting and investment decisions are timed to where the market is heading.

Demand outlook

Identify drilling opportunities across oil and gas, geothermal, and CCS

Bottom-up field-level forecasts show where demand is building, so business development targets the right operators and capital follows the strongest opportunities.

Improve your workflows

Suppliers

Put data behind every market conversation, from tender preparation to strategic planning:

  • Size addressable markets by segment, region and operator using field-level rig demand forecasts
  • Benchmark your activity and fleet performance against competitors to identify where you're winning and where you're losing ground
  • Track upcoming drilling programs and operator capex plans to prioritize business development ahead of the tender cycle

Advisory Case Study

Pertamina Hulu Energi partners with Rystad Energy to strengthen its debut in international capital markets

Background​

Pertamina Hulu Energi (PHE), a leading upstream oil and gas company in Indonesia and subsidiary of state-owned Pertamina, prepared to make its debut in international capital markets with a USD 1 billion bond issuance in 2024. PHE needed to introduce itself credibly to global investors unfamiliar with its operations and communicate its ESG credentials and financial fundamentals in a compelling way.

Challenge

As a debut issuer without the global recognition of its parent company, PHE faced significant hurdles establishing investor trust. It needed to demonstrate strong ESG credentials under heightened scrutiny of fossil fuel issuers, explain the complexity of Indonesian upstream assets and fiscal regime to international audiences, and execute within a tight timeline without compromising quality.

Key Results​

USD 1 billion bond issuance—the largest Indonesian corporate bond since 2022 Final orderbook 2.4x oversubscribed, with 43% from Asia, 30% from the US and 27% from EMEA Independent, data-backed investor report that clearly articulated PHE's competitive positioning and ESG credentials, securing competitive market interest rates

"Rystad Energy acted as a true partner throughout the process. Their input supported our internal alignment and equipped our teams with a clear, data-backed narrative for engaging with investors and other stakeholders."

Yuscha Aditya

Group Lead of Corporate and Sustainable Financing - Pertamina Hulu Energi

How we deliver value

Track historical and forecasted rig supply and demand across offshore and land markets, with field-level coverage of upstream, geothermal and CCS activity:

  • Analyze rig demand by market, geography and operator—covering both upstream and geothermal drilling activity
  • Benchmark contractor fleet performance, utilization and market share against the competitive landscape
  • Monthly offshore rig reports, land rig segment reports and regular commentaries covering market drivers, day-rate trends and supply-demand outlooks

Rystad Energy advisors integrate with client teams to map the most effective route toward their objectives:

  • Optimizing corporate strategy
  • Analyzing market trends
  • Solving transaction challenges

The Rystad Energy Institute offers personalized courses designed to give individuals and organizations a complete 360° view of the energy market, covering the full energy system across industries, technologies, and regions.

  • Elevate your energy IQ
  • Stay ahead of the curve
  • Drive career growth

By the numbers

900

Team members across 60 countries

27

Global offices worldwide

24x7

Service for decision-support

2,200+

Ongoing projects for more than 500 clients

Spektra

One platform. Faster insights.

Collaborative workspaces

  • Easy sharing via link to workspace
  • Centralized collaboration

Fast & reliable access

  • Instant data processing
  • Web-based, no setup
  • Access via the Client Portal, pick up where you left

Granular, multi-level analysis

  • "Micro to macro” granularity, covering the entire energy system
  • AskRystad/LLM based front end
  • Work across multiple Cubes in parallel

AI & API integration

  • Support API integration
  • AI-ready datasets (MCP)

Our Drilling & Wells portfolio

Discover other solutions for your needs.