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 up 5 at 1,013 for the week of April 20, 2018. It is 156 rigs (18.2%) higher than last year.

The number of rotary rigs drilling for oil was up 5 at 820. There are 132 more rigs targeting oil than last year. Rigs drilling for oil are 80.9 percent of all drilling activity. 

Rigs targeting natural gas were unchanged at 192. The number of rigs drilling for gas is 25 higher than last year's level of 167.

Year-over-year oil exploration in the U.S. is up 19.2 percent. Gas exploration is up 15.0 percent. The weekly average of crude oil spot price is 31.6 percent higher last year and natural gas spot prices are 8.8 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 9 at 93 for the week of April 20, 2018 and is 6 (6.1%) lower than last year. Rigs targeting oil were down 3 at 38 and are 5 (15.2%) higher than last year. Gas directed rig count at 55 was down 6 and is 11 rigs (16.7%) 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. Also, Canadians take their holidays more serious than their counterparts in the U.S.

North American Rig Count
Change
Percent Change

04/20/2018 04/13/2018 04/21/2017 Weekly Annual Weekly Annual
Total U.S. 1,013 1,008 857 5 156 0.5% 18.2%
Offshore 18 16 20 2 (2) 12.5% -10.0%
Land 995 992 837 3 158 0.3% 18.9%
Inland Waters 4 4 3 0 1 0.0% 33.3%
Oil 820 815 688 5 132 0.6% 19.2%
Percent 80.9% 80.9% 80.3% 0.1% 0.7%

Gas 192 192 167 0 25 0.0% 15.0%
Percent 19.0% 19.0% 19.5% -0.1% -0.5%

Directional 70 70 60 0 10 0.0% 16.7%
Horizontal 889 883 718 6 171 0.7% 23.8%
Vertical 54 55 79 -1 -25 -1.8% -31.6%
Gulf of Mexico 18 16 20 2 -2 12.5% -10.0%
Gulf Oil 17 15 18 2 -1 13.3% -5.6%
Percent 94.4% 93.8% 90.0% 0.7% 4.4%

Gulf Gas 1 1 2 0 -1 0.0% -50.0%
Percent 5.6% 6.3% 10.0% -0.7% -4.4%

Canada 93 102 99 (9) (6) -8.8% -6.1%
Oil 38 41 33 (3) 5 -7.3% 15.2%
Percent 40.9% 40.2% 33.3% 0.7% 7.5%

Gas 55 61 66 (6) (11) -9.8% -16.7%
Percent 59.1% 59.8% 66.7% -0.7% -7.5%

North America 1,106 1,110 956 (4) 150 -0.4% 15.7%
Prices






Oil $/bbl. $67.36 $66.03 $51.18 $1.33 $16.18 2.0% 31.6%
Oil $/mmbtu $11.61 $11.38 $8.82 $0.23 $2.79 2.0% 31.6%
Gas $/mmbtu $2.82 $2.71 $3.09 $0.10 ($0.27) 3.7% -8.8%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, down 7 to 972 for the month of March 2018 and is 44 rigs (6.2%) higher than last year's 943 rigs.

The total number of rotary rigs targeting oil in March was 753, up 2 from February and 44 (6.2%) higher than last year. International gas rigs were down 10 for the month at 186 and are 4 (2.1%) lower than last year. Miscellaneous or unclassified rigs at 33 are down 11 from last year.

International Oil and Gas Rotary Rig Count Change
Percent Change


March 2018 February 2018 March 2017 Monthly Annual Monthly Annual
International Oil 753 751 709 2 44 0.3% 6.2%

Gas 186 196 190 -10 -4 -5.1% -2.1%

Misc. 33 32 44 1 -11 3.1% -25.0%

Total 972 979 943 -7 29 -0.7% 3.1%
Europe Oil 55 52 51 3 4 5.8% 7.8%

Gas 16 15 19 1 -3 6.7% -15.8%

Misc. 18 17 24 1 -6 5.9% -25.0%

Total 89 84 94 5 -5 6.0% -5.3%
Middle East Oil 301 296 298 5 3 1.7% 1.0%

Gas 96 100 88 -4 8 -4.0% 9.1%

Misc. 0 0 0 0 0 N.A. N.A.

Total 397 396 386 1 11 0.3% 2.8%
Africa Oil 67 65 54 2 13 3.1% 24.1%

Gas 15 17 16 -2 -1 -11.8% -6.3%

Misc. 7 8 10 -1 -3 -12.5% -30.0%

Total 89 90 80 -1 9 -1.1% 11.3%
Latin America Oil 175 179 168 -4 7 -2.2% 4.2%

Gas 18 20 17 -2 1 -10.0% 5.9%

Misc. 0 0 0 0 0 N.A. N.A.

Total 193 199 185 -6 8 -3.0% 4.3%
Asian Pacific Oil 155 159 138 -4 17 -2.5% 12.3%

Gas 41 44 50 -3 -9 -6.8% -18.0%

Misc. 8 7 10 1 -2 14.3% -20.0%

Total 204 210 198 -6 6 -2.9% 3.0%


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.




Rotary Rig Count - Canada
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Rotary Rig Count - Canada 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 - United States
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Rotary Rig Count - United States
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Rotary Rig Count - United States
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Rotary Rig Count - United States
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World Rig Count Foreign Rig Count
Workover Rig Count
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Workover Rig Count
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