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

The U.S. rotary rig count from Baker Hughes was down 3 at 421 for the week of June 24, 2016. It is 438 rigs (51.0%) lower than last year. Rig count is now 17 above the lowest since Baker Hughes started counting rigs in 1949.

The number of rotary rigs drilling for oil was down 7 at 330. There are 298 fewer rigs targeting oil than last year. Rigs drilling for oil represent 78.4 percent of all drilling activity. 

Rigs directed toward natural gas were up 4 at 90. The number of rigs drilling for gas is 138 lower than last year's level of 228.

Year-over-year oil exploration in the U.S. is down 47.5 percent. Gas exploration is down 60.5 percent. The weekly average of crude oil spot prices is 17.6 percent lower than last year and natural gas spot prices are 1.7 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 7 at 76 for the week of June 24, 2016 and is 59 (47.3%) lower than last year. The number of rigs drilling for oil was up 8 at 36 and is 40 (52.6%) lower than last year. Gas directed rig count at 39 was down 1 and is 20 rigs (33.9%) 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

06/24/2016 06/17/2016 06/26/2015 Weekly Annual Weekly Annual
Total U.S. 421 424 859 (3) (438) -0.7% -51.0%
Offshore 21 21 28 0 (7) 0.0% -25.0%
Land 400 403 831 (3) (431) -0.7% -51.9%
Inland Waters 3 5 7 (2) (4) -40.0% -57.1%
Oil 330 337 628 (7) (298) -2.1% -47.5%
Percent 78.4% 79.5% 73.1% -1.1% 5.3%

Gas 90 86 228 4 (138) 4.7% -60.5%
Percent 21.4% 20.3% 26.5% 1.1% -5.2%

Directional 43 45 98 -2 -55 -4.4% -56.1%
Horizontal 325 326 654 -1 -329 -0.3% -50.3%
Vertical 53 53 107 0 -54 0.0% -50.5%
Gulf of Mexico 20 21 28 -1 -8 -4.8% -28.6%
Gulf Oil 16 17 20 -1 -4 -5.9% -20.0%
Percent 80.0% 81.0% 71.4% -1.0% 8.6%

Gulf Gas 4 4 8 0 -4 0.0% -50.0%
Percent 20.0% 19.0% 28.6% 1.0% -8.6%

Canada 76 69 135 7 (59) 10.1% -43.7%
Oil 36 28 76 8 (40) 28.6% -52.6%
Percent 47.4% 40.6% 56.3% 6.8% -8.9%

Gas 39 40 59 (1) (20) -2.5% -33.9%
Percent 51.3% 58.0% 43.7% -6.7% 7.6%

North America 497 493 994 4 (497) 0.8% -50.0%
Prices
Oil $/bbl. $49.61 $47.90 $60.20 $1.71 ($10.59) 3.6% -17.6%
Oil $/mmbtu $8.55 $8.26 $10.38 $0.29 ($1.83) 3.6% -17.6%
Gas $/mmbtu $2.74 $2.57 $2.79 $0.17 ($0.05) 6.5% -1.7%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was down 39 to 946 for the month of April 2016 and is 256 rigs (21.3%) lower than last year's 1,203 rigs.

The total number of rotary rigs targeting oil in April was 699 down 20 from March and 231 (24.8%) lower than last year. International gas rigs were down 19 for the month at 199 and are 33 (14.2%) lower than last year.

International Rig Count
Monthly
Annual


Apr-2016 Mar-2016 Apr-2015 Change Percent Change Percent
Total Oil 699 719 930 -20 -2.8% -231 -24.8%

Gas 199 218 232 -19 -8.7% -33 -14.2%

Misc 48 48 40 0 0.0% 8 20.0%

Total 946 985 1202 -39 -4.0% -256 -21.3%
Europe Oil 50 52 65 -2 -3.8% -15 -23.1%

Gas 13 17 30 -4 -23.5% -17 -56.7%

Mis 27 27 24 0 0.0% 3 12.5%

Total 90 96 119 -6 -6.3% -29 -24.4%
Middle East Oil 283 286 317 -3 -1.0% -34 -10.7%

Gas 101 111 93 -10 -9.0% 8 8.6%

Mis 0 0 0 0 N.A. 0 N.A.

Total 384 397 410 -13 -3.3% -26 -6.3%
Africa Oil 59 61 88 -2 -3.3% -29 -33.0%

Gas 20 19 22 1 5.3% -2 -9.1%

Mis 11 11 10 0 0.0% 1 10.0%

Total 90 91 120 -1 -1.1% -30 -25.0%
Latin America Oil 181 195 296 -14 -7.2% -115 -38.9%

Gas 19 20 26 -1 -5.0% -7 -26.9%

Mis 3 3 3 0 0.0% 0 0.0%

Total 203 218 325 -15 -6.9% -122 -37.5%
Asia Pacific Oil 126 125 164 1 0.8% -38 -23.2%

Gas 46 51 61 -5 -9.8% -15 -24.6%

Mis 7 7 3 0 0.0% 4 133.3%

Total 179 183 228 -4 -2.2% -49 -21.5%

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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Workover Rig Count
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Workover Rig Count
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