The utilization for jack-ups are at historic lows. Just a short period in 1986 was worse. Also for udw's the situation is bad. read more
Benefits of Working on Oil Rig. Salaries on offshore oil rigs jobs depend on company and location, but the minimum day-wage is $300. Add to this that you won’t pay any money for food, lodging clothing, laundry, and the company generally covers the airfare, even from distant regions. read more