How many oil rigs are there in the world

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Track the price of oil live with Markets Insider. Commodities in this Article. That could change in the next decade; eight of the state's 27 rigs are no longer operating and several will be decommissioned in the next few years.

Blue Latitudes' Sparks says it is a challenge convincing Californians, "the greenest folks you'll meet", of the merits of keeping rigs in the ocean.

California is the US state with the most ambitious climate goals. While marine life might benefit from the subsurface structures, there are concerns about the rigs-to-reefs programmes also supporting extractive industries Credit: Alamy. It's not hard to see why some are reluctant. The extraction and burning of fossil fuels including oil and gas are major drivers of climate change.

But the objections are not just symbolic. There are concerns that the cost savings offered to oil companies under the rigs-to-reefs programme could encourage them to expand, Hislop notes. She adds that research and discussions about what to do with the rigs once they have been decommissioned are ongoing. But Blue Latitudes says the aim of rigs to reefs is not to reward polluters and boost the oil industry, but to protect valuable marine habitats by offering an alternative to complete platform removal.

If California's platforms are toppled, it would result in the loss of 27 huge marine ecosystems. Some of these rigs are taller than the Eiffel Tower — the Harmony platform in the Santa Barbara Channel, for example, reaches depths of ft m.

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If you liked this story, sign up for the weekly bbc. Future Planet. This statistic depicts the number of offshore rigs worldwide as of January , sorted by region. At that point, there were offshore rigs in the North Sea. Offshore rigs worldwide The North Sea and the Gulf of Mexico United States are home to many offshore rigs, totaling rigs and rigs, respectively as of January Offshore oil rigs enable producers to extract and process oil and natural gas through drilled wells.

Rigs can also store the extracted products before being transported to land for refining and marketing. There are several different types of offshore rigs for use in both large lakes and oceans such as fixed platforms that are anchored directly onto the seabed by concrete or steel legs and tension-leg platforms that float but remain in place by being tethered to the seabed.

Nevertheless, there are some risks involved with the operation of offshore drilling, including explosions and fires. Transocean Ltd. In , the company generated an estimated 3. Globally, the number of oil platforms is expected to rise from units in to just short of in Loading statistic Show source. Download for free You need to log in to download this statistic Register for free Already a member? Log in. Show detailed source information?