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 down 7 at 1,052 for the week of June 22, 2018. It is 111 rigs (11.8%) higher than last year.

The number of rotary rigs drilling for oil was down 1 at 862. There are 104 more rigs targeting oil than last year. Rigs drilling for oil are 81.9 percent of all drilling activity. 

Rigs targeting natural gas were down 6 at 186. The number of rigs drilling for gas is 5 higher than last year's level of 186.

Year-over-year oil exploration in the U.S. is up 13.7 percent. Gas exploration is up 2.7 percent. The weekly average of crude oil spot price is 51.8 percent higher last year and natural gas spot prices are 3.2 percent higher than last year. Daily crude oil and natural gas futures and spot prices are available on our site.

Canadian rig activity was up 21 at 160 for the week of June 22, 2018 and is 10 (5.9%) lower than last year. Rigs targeting oil were up 16 at 103 and are 5 (5.1%) higher than last year. Gas directed rig count at 57 was up 5 and is 15 rigs (20.8%) 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

06/22/2018 06/15/2018 06/23/2017 Weekly Annual Weekly Annual
Total U.S. 1,052 1,059 941 (7) 111 -0.7% 11.8%
Offshore 18 20 22 (2) (4) -10.0% -18.2%
Land 1,034 1,039 919 (5) 115 -0.5% 12.5%
Inland Waters 2 4 4 (2) (2) -50.0% -50.0%
Oil 862 863 758 (1) 104 -0.1% 13.7%
Percent 81.9% 81.5% 80.6% 0.4% 1.4%

Gas 188 194 183 (6) 5 -3.1% 2.7%
Percent 17.9% 18.3% 19.4% -0.4% -1.6%

Directional 62 67 72 -5 -10 -7.5% -13.9%
Horizontal 930 932 792 -2 138 -0.2% 17.4%
Vertical 60 60 77 0 -17 0.0% -22.1%
Gulf of Mexico 18 19 21 -1 -3 -5.3% -14.3%
Gulf Oil 15 16 19 -1 -4 -6.3% -21.1%
Percent 83.3% 84.2% 90.5% -0.9% -7.1%

Gulf Gas 3 3 2 0 1 0.0% 50.0%
Percent 16.7% 15.8% 9.5% 0.9% 7.1%

Canada 160 139 170 21 (10) 15.1% -5.9%
Oil 103 87 98 16 5 18.4% 5.1%
Percent 64.4% 62.6% 57.6% 1.8% 6.7%

Gas 57 52 72 5 (15) 9.6% -20.8%
Percent 35.6% 37.4% 42.4% -1.8% -6.7%

North America 1,212 1,198 1,111 14 101 1.2% 9.1%
Prices






Oil $/bbl. $65.58 $66.21 $43.21 ($0.63) $22.37 -1.0% 51.8%
Oil $/mmbtu $11.31 $11.42 $7.45 ($0.11) $3.86 -1.0% 51.8%
Gas $/mmbtu $2.96 $2.95 $2.86 $0.00 $0.09 0.2% 3.2%


Monthly: International Rig Counts

International rig count, which excludes the US and Canada, down 11 to 967 for the month of May 2018 and is 10 rigs (1.0%) higher than last year's 957 rigs.

The total number of rotary rigs targeting oil in May was 743, down 13 from April and 28 (3.9%) higher than last year. International gas rigs were up 2 for the month at 192 and are 10 (5.0%) lower than last year. Miscellaneous or unclassified rigs at 32 are down 8 from last year.

International Rig Count
Monthly
Annual


May-2018 Apr-2018 May-2017 Change Percent Change Percent
Total Oil 743 756 715 -13 -1.7% 28 3.9%

Gas 192 190 202 2 1.1% -10 -5.0%

Misc 32 32 40 0 0.0% -8 -20.0%

Total 967 978 957 -11 -1.1% 10 1.0%
Europe Oil 50 56 51 -6 -10.7% -1 -2.0%

Gas 15 16 21 -1 -6.3% -6 -28.6%

Mis 15 16 23 -1 -6.3% -8 -34.8%

Total 80 88 95 -8 -9.1% -15 -15.8%
Middle East Oil 300 300 293 0 0.0% 7 2.4%

Gas 101 98 98 3 3.1% 3 3.1%

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

Total 401 398 391 3 0.8% 10 2.6%
Africa Oil 72 71 59 1 1.4% 13 22.0%

Gas 14 16 16 -2 -12.5% -2 -12.5%

Mis 8 7 9 1 14.3% -1 -11.1%

Total 94 94 84 0 0.0% 10 11.9%
Latin America Oil 160 171 173 -11 -6.4% -13 -7.5%

Gas 14 17 17 -3 -17.6% -3 -17.6%

Mis 0 1 0 -1 -100.0% 0 N.A.

Total 174 189 190 -15 -7.9% -16 -8.4%
Asia Pacific Oil 161 158 139 3 1.9% 22 15.8%

Gas 48 43 50 5 11.6% -2 -4.0%

Mis 9 8 8 1 12.5% 1 12.5%

Total 218 209 197 9 4.3% 21 10.7%


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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