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 8 at 885 for the week of May 12, 2017. It is 479 rigs (118.0%) higher than last year.

The number of rotary rigs drilling for oil was up 9 at 712. There are 394 more rigs targeting oil than last year. Rigs drilling for oil represent 80.5 percent of all drilling activity. 

Rigs directed toward natural gas were down 1 at 172. The number of rigs drilling for gas is 85 higher than last year's level of 87.

Year-over-year oil exploration in the U.S. is up 123.9 percent. Gas exploration is up 97.7 percent. The weekly average of crude oil spot prices is 3.1 percent higher than last year and natural gas spot prices are 54.3 percent higher than last year. Daily crude oil and natural gas futures and spot prices are available on our site.

Canadian rig activity was down 2 at 80 for the week of May 12, 2017 and is 37 (86.0%) than last year. Rigs targeting oil were up 2 at 29 and are 13 (81.3%) higher than last year. Gas directed rig count at 51 was down 4 and is 25 rigs (96.2%) higher 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

05/12/2017 05/05/2017 05/13/2016 Weekly Annual Weekly Annual
Total U.S. 885 877 406 8 479 0.9% 118.0%
Offshore 21 19 22 2 (1) 10.5% -4.5%
Land 864 858 384 6 480 0.7% 125.0%
Inland Waters 4 5 2 (1) 2 -20.0% 100.0%
Oil 712 703 318 9 394 1.3% 123.9%
Percent 80.5% 80.2% 78.3% 0.3% 2.1%

Gas 172 173 87 (1) 85 -0.6% 97.7%
Percent 19.4% 19.7% 21.4% -0.3% -2.0%

Directional 66 67 38 -1 28 -1.5% 73.7%
Horizontal 742 734 315 8 427 1.1% 135.6%
Vertical 77 76 53 1 24 1.3% 45.3%
Gulf of Mexico 20 18 21 2 -1 11.1% -4.8%
Gulf Oil 17 15 17 2 0 13.3% 0.0%
Percent 85.0% 83.3% 81.0% 1.7% 4.0%

Gulf Gas 3 3 4 0 -1 0.0% -25.0%
Percent 15.0% 16.7% 19.0% -1.7% -4.0%

Canada 80 82 43 (2) 37 -2.4% 86.0%
Oil 29 27 16 2 13 7.4% 81.3%
Percent 36.3% 32.9% 37.2% 3.3% -1.0%

Gas 51 55 26 (4) 25 -7.3% 96.2%
Percent 63.8% 67.1% 60.5% -3.3% 3.3%

North America 965 959 449 6 516 0.6% 114.9%
Prices
Oil $/bbl. $46.85 $47.22 $45.44 ($0.37) $1.40 -0.8% 3.1%
Oil $/mmbtu $8.08 $8.14 $7.84 ($0.06) $0.24 -0.8% 3.1%
Gas $/mmbtu $3.09 $3.10 $2.00 ($0.01) $1.09 -0.3% 54.3%


Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was up 2 to 943 for the month of March 2017 and is 42 rigs (4.3%) lower than last year's 1,018 rigs.

The total number of rotary rigs targeting oil in March was 709 up 14 from February and 10 (1.4%) lower than last year. International gas rigs were down 4 for the month at 190 and are 28 (12.8%) lower than last year.

International Oil and Gas Rotary Rig Count Change
Percent Change


March 2017 February 2017 March 2017 Monthly Annual Monthly Annual
International Oil 709 695 719 14 -10 2.0% -1.4%

Gas 190 194 218 -4 -28 -2.1% -12.8%

Misc. 44 52 48 -8 -4 -15.4% -8.3%

Total 943 941 985 2 -42 0.2% -4.3%
Europe Oil 51 54 52 -3 -1 -5.6% -1.9%

Gas 19 23 17 -4 2 -17.4% 11.8%

Misc. 24 30 27 -6 -3 -20.0% -11.1%

Total 94 107 96 -13 -2 -12.1% -2.1%
Middle East Oil 298 293 286 5 12 1.7% 4.2%

Gas 88 89 111 -1 -23 -1.1% -20.7%

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

Total 386 382 397 4 -11 1.0% -2.8%
Africa Oil 54 52 61 2 -7 3.8% -11.5%

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

Misc. 10 10 11 0 -1 0.0% -9.1%

Total 80 77 91 3 -11 3.9% -12.1%
Latin America Oil 168 160 195 8 -27 5.0% -13.8%

Gas 17 19 20 -2 -3 -10.5% -15.0%

Misc. 0 0 3 0 -3 N.A. -100.0%

Total 185 179 218 6 -33 3.4% -15.1%
Asian Pacific Oil 138 136 125 2 13 1.5% 10.4%

Gas 50 48 51 2 -1 4.2% -2.0%

Misc. 10 12 7 -2 3 -16.7% 42.9%

Total 198 196 183 2 15 1.0% 8.2%


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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