WTRG Economics home page Rotary and Workover Rig Counts
Weekly Rotary Rig Count
Monthly International Rotary
and Workover Rig Counts
Graphs
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North American Rotary Rig Counts

The U.S. rotary rig count from Baker Hughes was down 34 at 954 for the week of April 17, 2015. It is 877 rigs (47.9%) lower than last year.

The number of rotary rigs drilling for oil was down 26 at 734. There are 776 fewer rigs targeting oil than last year. Rigs drilling for oil represent 76.9 percent of all drilling activity. 

Rigs directed toward natural gas were ddown 8 at 217. The number of rigs drilling for gas is 99 lower than last year's level of 316.

Year-over-year oil exploration in the U.S. is down 51.4 percent. Gas exploration is down 31.3 percent. The weekly average of crude oil spot prices is 47.5  percent lower than last year and natural gas spot prices are 44.2 percent lower than last year. Daily crude oil and natural gas futures and spot prices are available on our site.

Canadian rig activity was down 19 at 80 for the week of April 17, 2015 and is 119 (59.8%) lower than last year. The number of rigs drilling for oil was unchanged at 20 and is 85 (76.5%) lower than last year. Gas directed rig count at 60 was down 19 and is 54 rigs (47.4%) lower than last year. Canadian drilling falls rapidly in the spring to avoid environmental damage moving drilling equipment during the spring thaw and rainy season. With large weather related seasonal swings, even year-over-year comparisons can lead to incorrect conclusions.

North American Rig Count
Change
Percent Change

04/17/2015 04/10/2015 04/18/2014 Weekly Annual Weekly Annual
Total U.S. 954 988 1,831 (34) (877) -3.4% -47.9%
Offshore 33 33 52 0 (19) 0.0% -36.5%
Land 921 955 1,779 (34) (858) -3.6% -48.2%
Inland Waters 4 4 14 0 (10) 0.0% -71.4%
Oil 734 760 1,510 (26) (776) -3.4% -51.4%
Percent 76.9% 76.9% 82.5% 0.0% -5.5%

Gas 217 225 316 (8) (99) -3.6% -31.3%
Percent 22.7% 22.8% 17.3% -0.0% 5.5%

Directional 91 90 216 1 -125 1.1% -57.9%
Horizontal 741 770 1,224 -29 -483 -3.8% -39.5%
Vertical 122 128 391 -6 -269 -4.7% -68.8%
Gulf of Mexico 32 31 51 1 -19 3.2% -37.3%
Gulf Oil 24 23 39 1 -15 4.3% -38.5%
Percent 75.0% 74.2% 76.5% 0.8% -1.5%

Gulf Gas 8 8 12 0 -4 0.0% -33.3%
Percent 25.0% 25.8% 23.5% -0.8% 1.5%

Canada 80 99 199 (19) (119) -19.2% -59.8%
Oil 20 20 85 0 (65) 0.0% -76.5%
Percent 25.0% 20.2% 42.7% 4.8% -17.7%

Gas 60 79 114 (19) (54) -24.1% -47.4%
Percent 75.0% 79.8% 57.3% -4.8% 17.7%

North America 1,034 1,087 2,030 (53) (996) -4.9% -49.1%
Prices
Oil $/bbl. $54.55 $51.79 $103.94 $2.76 ($49.40) 5.3% -47.5%
Oil $/mmbtu $9.40 $8.93 $17.92 $0.48 ($8.52) 5.3% -47.5%
Gas $/mmbtu $2.57 $2.63 $4.60 ($0.06) ($2.03) -2.3% -44.2%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was down 43 to 1,339 for the month of  August 2014 and is 72 rigs (5.7%) above last year's 1,267 rigs.

The total number of rotary rigs worldwide in August was 3,642 up 34 from July and 226 (6.6%) higher than last year.

Worldwide Rotary Rig Count Change
Percent Change

Aug 2014 Jul 2014 Aug 2013 Monthly Annual Monthly Annual
Latin America 410 407 399 3 11 0.7% 2.8%
Europe 143 153 143 (10) 0 -6.5% 0.0%
Africa 125 137 125 (12) 0 -8.8% 0.0%
Middle East 406 432 362 (26) 44 -6.0% 12.2%
Far East 255 253 238 2 17 0.8% 7.1%
International 1,339 1,382 1,267 (43) 72 -3.1% 5.7%
Canada 399 350 368 49 31 14.0% 8.4%
United States 1,904 1,876 1,781 28 123 1.5% 6.9%
World 3,642 3,608 3,416 34 226 0.9% 6.6%

The Rig Count page will be updated as the data becomes available. US rotary and Canadian rig counts are updated weekly.  International, world and workover rig counts are updated mid month.  The oil price shown in all long term graphs and all but the short term graph of US and Canadian rotary rig counts is US average wellhead price. The price in the short term US and Canadian rotary rig count graphs is WTI spot.



Long term
Short Term
Rotary Rig Count - United States
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Rotary Rig Count - United States Weekly
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Rotary Rig Count - Canada
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Rotary Rig Count - Canada Weekly
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Rotary Rig Count - International
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Rotary Rig Count - International
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Rotary Rig Count - World
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Rotary Rig Count - World
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Workover Rig Count
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Workover Rig Count
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