Worldwide offshore rig utilization rate lower-ODS

Please be advised that Reuters will discontinue coverage of
worldwide weekly rig utilization figures from ODS in June.
Clients can find the information on ODS's website:
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NEW YORK, May 16 (Reuters) - Offshore drilling rig
utilization slipped last week, ODS said.

The following table summarizes the weekly report. Changes
on the previous week are in brackets:
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MOBILE RIGS UNDER CONTRACT TOTAL RIGS UTILIZATION (PCT)
Gulf of Mexico 103 (-1) 124 (UNCH) 83.1 (-0.8)
South America 70 (UNCH) 94 (UNCH) 74.5 (UNCH)
Europe/Med 99 (UNCH) 99 (UNCH) 100.0 (UNCH)
West Africa 58 (UNCH) 59 (UNCH) 98.3 (UNCH)
Asia/Australia 103 (+1) 106 (+1) 97.2 (+0.1)
WORLD TOTAL 622 (UNCH) 689 (+1) 90.3 (-0.1)
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