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6 FAQs about [Rig price list inquiry]
How much does a drilling rig cost in 2025?
Here’s a table comparing the costs to buy new, buy used and rent a drilling rig in 2025: The cost of buying a new drilling rig ranges from $3-4 million for basic land rigs to over $1 billion for advanced offshore rigs.
How much does a drilling rig cost?
The cost of buying a new drilling rig ranges from $3-4 million for basic land rigs to over $1 billion for advanced offshore rigs. Land rig rentals cost $15,000-$100,000 per day, while offshore rigs are more expensive: daily rates average $120,000 for jackups, $365,000 for semi-submersibles, and $420,000 for drillships.
Are rig values available?
Values for drill barges, tender assist drilling barges, tender assist semisumbersibles, liftboats, offshore accommodation rigs, and other specialized offshore rigs (workover/well intervention) are not available at this time, but may be phased in over time. Rig Values does offer certified values for these types of rigs upon request.
What services does rig source offer?
Our full service shop accommodates a range of services from routine maintenance and repair up to full reconditioning and upgrades using factory parts. With over 100 years of drilling experience, Rig Source offers an assortment of drilling rigs for every budget and need. Learn how we can help you by contacting us today!
Where can I find high-performance drilling rigs for sale & rental?
Explore high-performance drilling rigs for sale & rental on RigFinder. Find land & offshore rigs suited for oilfield operations. Trusted global marketplace
Does rig values provide valuation certificates?
Rig Values provides valuation certificates for all drilling rigs listed on the Rig Values site plus other offshore rigs including accommodation rigs, workover/well intervention rigs, tender assist drilling rigs, and liftboats. For clients who need certified valuations regularly, the cost of this can either be included in the subscription price.