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 up down 2 at 489 for the week of August 26, 2016. It is 388 rigs (44.2%) lower than last year. Rig count is now 85 above the record low since Baker Hughes started counting rigs in 1949.

The number of rotary rigs drilling for oil was unchanged at 406. There are 269 fewer rigs targeting oil than last year. Rigs drilling for oil represent 83.0 percent of all drilling activity. 

Rigs directed toward natural gas were down 2 at 81. The number of rigs drilling for gas is 121 lower than last year's level of 202.

Year-over-year oil exploration in the U.S. is down 39.9 percent. Gas exploration is down 59.9 percent. The weekly average of crude oil spot prices is 16.3 percent higher than last year and natural gas spot prices are 3.4 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 25 at 146 for the week of August 26, 2016 and is 50 (25.5%) lower than last year. The number of rigs drilling for oil was up 19 at 84 and is 4 (4.5%) lower than last year. Gas directed rig count at 62 was up 6 and is 46 rigs (42.6%) 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

08/26/2016 08/19/2016 08/28/2015 Weekly Annual Weekly Annual
Total U.S. 489 491 877 (2) (388) -0.4% -44.2%
Offshore 17 18 30 (1) (13) -5.6% -43.3%
Land 472 473 847 (1) (375) -0.2% -44.3%
Inland Waters 4 3 4 1 0 33.3% 0.0%
Oil 406 406 675 0 (269) 0.0% -39.9%
Percent 83.0% 82.7% 77.0% 0.3% 6.1%

Gas 81 83 202 (2) (121) -2.4% -59.9%
Percent 16.6% 16.9% 23.0% -0.3% -6.5%

Directional 48 45 80 3 -32 6.7% -40.0%
Horizontal 379 382 672 -3 -293 -0.8% -43.6%
Vertical 62 64 125 -2 -63 -3.1% -50.4%
Gulf of Mexico 17 18 29 -1 -12 -5.6% -41.4%
Gulf Oil 15 16 19 -1 -4 -6.3% -21.1%
Percent 88.2% 88.9% 65.5% -0.7% 22.7%

Gulf Gas 2 2 10 0 -8 0.0% -80.0%
Percent 11.8% 11.1% 34.5% 0.7% -22.7%

Canada 146 121 196 25 (50) 20.7% -25.5%
Oil 84 65 88 19 (4) 29.2% -4.5%
Percent 57.5% 53.7% 44.9% 3.8% 12.6%

Gas 62 56 108 6 (46) 10.7% -42.6%
Percent 42.5% 46.3% 55.1% -3.8% -12.6%

North America 635 612 1,073 23 (438) 3.8% -40.8%
Prices
Oil $/bbl. $47.42 $47.16 $40.78 $0.25 $6.63 0.5% 16.3%
Oil $/mmbtu $8.18 $8.13 $7.03 $0.04 $1.14 0.5% 16.3%
Gas $/mmbtu $2.77 $2.70 $2.68 $0.07 $0.09 2.7% 3.4%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was up 11 to 938 for the month of July 2016 and is 180 rigs (16.1%) lower than last year's 1,118 rigs.

The total number of rotary rigs targeting oil in July was 680 up 3 from June and 169 (13.3%) lower than last year. International gas rigs were up 4 for the month at 201 and are 26 (11.5%) lower than last year.

International Rig Count
Monthly
Annual


Jul-2016 Jun-2016 Jul-2015 Change Percent Change Percent
Total Oil 680 677 849 3 0.4% -169 -19.9%

Gas 201 197 227 4 2.0% -26 -11.5%

Misc 57 53 42 4 7.5% 15 35.7%

Total 938 927 1118 11 1.2% -180 -16.1%
Europe Oil 49 48 60 1 2.1% -11 -18.3%

Gas 12 11 24 1 9.1% -12 -50.0%

Mis 33 32 24 1 3.1% 9 37.5%

Total 94 91 108 3 3.3% -14 -13.0%
Middle East Oil 288 284 292 4 1.4% -4 -1.4%

Gas 102 105 99 -3 -2.9% 3 3.0%

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

Total 390 389 391 1 0.3% -1 -0.3%
Africa Oil 50 58 67 -8 -13.8% -17 -25.4%

Gas 22 18 16 4 22.2% 6 37.5%

Mis 10 11 11 -1 -9.1% -1 -9.1%

Total 82 87 94 -5 -5.7% -12 -12.8%
Latin America Oil 158 151 289 7 4.6% -131 -45.3%

Gas 22 24 23 -2 -8.3% -1 -4.3%

Mis 6 3 1 3 100.0% 5 500.0%

Total 186 178 313 8 4.5% -127 -40.6%
Asia Pacific Oil 135 136 141 -1 -0.7% -6 -4.3%

Gas 43 39 65 4 10.3% -22 -33.8%

Mis 8 7 6 1 14.3% 2 33.3%

Total 186 182 212 4 2.2% -26 -12.3%


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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