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 19 at 876 for the week of July 24, 2015. It is 1,007 rigs (53.5%) lower than last year. Last week rigs retested the recent low but this week's recovery is at risk from the recent drop in oil prices.

The number of rotary rigs drilling for oil was up 21 at 659. There are 903 fewer rigs targeting oil than last year. Rigs drilling for oil represent 75.2 percent of all drilling activity. 

Rigs directed toward natural gas were down 2 at 216. The number of rigs drilling for gas is 102 lower than last year's level of 318.

Year-over-year oil exploration in the U.S. is down 57.8 percent. Gas exploration is down 32.1 percent. The weekly average of crude oil spot prices is 52.0 percent lower than last year and natural gas spot prices are 24.7 percent lower than last year. Daily crude oil and natural gas futures and spot prices are available on our site.

Canadian rig activity was up 8 at 200 for the week of July 24, 2015 and is 195 (49.4%) lower than last year. The number of rigs drilling for oil was unchanged at 98 and is 140 (58.8%) lower than last year. Gas directed rig count at 102 was up 8 and is 55 rigs (35.0%) 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

07/24/2015 07/17/2015 07/25/2014 Weekly Annual Weekly Annual
Total U.S. 876 857 1,883 19 (1,007) 2.2% -53.5%
Offshore 31 31 60 0 (29) 0.0% -48.3%
Land 845 826 1,823 19 (978) 2.3% -53.6%
Inland Waters 4 2 18 2 (14) 100.0% -77.8%
Oil 659 638 1,562 21 (903) 3.3% -57.8%
Percent 75.2% 74.4% 83.0% 0.8% -7.7%

Gas 216 218 318 (2) (102) -0.9% -32.1%
Percent 24.7% 25.4% 16.9% -0.8% 7.8%

Directional 83 84 229 -1 -146 -1.2% -63.8%
Horizontal 662 650 1,293 12 -631 1.8% -48.8%
Vertical 131 123 361 8 -230 6.5% -63.7%
Gulf of Mexico 31 31 59 0 -28 0.0% -47.5%
Gulf Oil 23 21 43 2 -20 9.5% -46.5%
Percent 74.2% 67.7% 72.9% 6.5% 1.3%

Gulf Gas 8 10 16 -2 -8 -20.0% -50.0%
Percent 25.8% 32.3% 27.1% -6.5% -1.3%

Canada 200 192 395 8 (195) 4.2% -49.4%
Oil 98 98 238 0 (140) 0.0% -58.8%
Percent 49.0% 51.0% 60.3% -2.0% -11.3%

Gas 102 94 157 8 (55) 8.5% -35.0%
Percent 51.0% 49.0% 39.7% 2.0% 11.3%

North America 1,076 1,049 2,278 27 (1,202) 2.6% -52.8%
Prices
Oil $/bbl. $49.36 $51.69 $102.84 ($2.33) ($53.48) -4.5% -52.0%
Oil $/mmbtu $8.51 $8.91 $17.73 ($0.40) ($9.22) -4.5% -52.0%
Gas $/mmbtu $2.87 $2.90 $3.80 ($0.03) ($0.94) -1.1% -24.7%
Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was down 24 to 1,251 for the month of  March 2015 and is 94 rigs (7.0%) lower than last year's 1,345 rigs.

The total number of rotary rigs worldwide in March was 2,557 down 429 from Fabruary and 1,040 (28.9%) lower than last year.

Worldwide Rotary Rig Count Change
Percent Change

Mar 2015 Feb 2014 Mar 2014 Monthly Annual Monthly Annual
Latin America 351 355 406 (4) (55) -1.1% -13.5%
Europe 135 133 148 2 (13) 1.5% -8.8%
Africa 125 132 132 (7) (7) -5.3% -5.3%
Middle East 407 415 401 (8) 6 -1.9% 1.5%
Far East 233 240 258 (7) (25) -2.9% -9.7%
International 1,251 1,275 1,345 (24) (94) -1.9% -7.0%
Canada 196 363 449 (167) (253) -46.0% -56.3%
United States 1,110 1,348 1,803 (238) (693) -17.7% -38.4%
World 2,557 2,986 3,597 (429) (1,040) -14.4% -28.9%

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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