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Offshore rigs-II: Wide variation in Jack Up rig utilization rates
Jun 06: When it comes to utilization rates among Jack Up rigs, the figures differ widely when looked at in terms of type of rig
8The IS, MC and MS rigs are the hardest hit, with a capacity utilization rate of May, 2018 at 32%
8The 300' IC rigs are at around 60%
8But there are a few categories that are at above 80%
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