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 11 at 420 for the week of April 29, 2016. It is 485 rigs (53.6%) lower than last year. Rig count is again at the lowest level since Baker Hughes started counting rigs in 1949. It is likely the lowest back to around 1860 or 1900 if only rotary drilling rigs are counted.

The number of rotary rigs drilling for oil was down 11 at 332. There are 347 fewer rigs targeting oil than last year. Rigs drilling for oil represent 79.0 percent of all drilling activity. 

Rigs directed toward natural gas were down 1 at 87. The number of rigs drilling for gas is 135 lower than last year's level of 222.

Year-over-year oil exploration in the U.S. is down 41.2 percent. Gas exploration is down 60.0 percent. The weekly average of crude oil spot prices is 23.1 percent lower than last year and natural gas spot prices are 25.6 percent lower than last year. Daily crude oil and natural gas futures and spot prices are available on our site.

Canadian rig activity was down 3 at 37 for the week of April 29, 2016 and is 42 (53.2%) lower than last year. The number of rigs drilling for oil was down 2 at 10 and is 42 (253.2%) lower than last year. Gas directed rig count at 26 was down 1 and is 36 rigs (58.1%) 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

04/29/2016 04/22/2016 05/01/2015 Weekly Annual Weekly Annual
Total U.S. 420 431 905 (11) (485) -2.6% -53.6%
Offshore 25 26 34 (1) (9) -3.8% -26.5%
Land 395 405 871 (10) (476) -2.5% -54.6%
Inland Waters 4 4 3 0 1 0.0% 33.3%
Oil 332 343 679 (11) (347) -3.2% -51.1%
Percent 79.0% 79.6% 75.0% -0.5% 4.0%

Gas 87 88 222 (1) (135) -1.1% -60.8%
Percent 20.7% 20.4% 24.5% 0.3% -3.8%

Directional 46 48 93 -2 -47 -4.2% -50.5%
Horizontal 324 332 699 -8 -375 -2.4% -53.6%
Vertical 50 51 113 -1 -63 -2.0% -55.8%
Gulf of Mexico 24 25 33 -1 -9 -4.0% -27.3%
Gulf Oil 19 20 23 -1 -4 -5.0% -17.4%
Percent 79.2% 80.0% 69.7% -0.8% 9.5%

Gulf Gas 5 5 10 0 -5 0.0% -50.0%
Percent 20.8% 20.0% 30.3% 0.8% -9.5%

Canada 37 40 79 (3) (42) -7.5% -53.2%
Oil 10 12 17 (2) (7) -16.7% -41.2%
Percent 27.0% 30.0% 21.5% -3.0% 5.5%

Gas 26 27 62 (1) (36) -3.7% -58.1%
Percent 70.3% 67.5% 78.5% 2.8% -8.2%

North America 457 471 984 (14) (527) -3.0% -53.6%
Prices
Oil $/bbl. $44.77 $42.36 $58.24 $2.42 ($13.47) 5.7% -23.1%
Oil $/mmbtu $7.72 $7.30 $10.04 $0.42 ($2.32) 5.7% -23.1%
Gas $/mmbtu $1.91 $1.90 $2.56 $0.00 ($0.66) 0.2% -25.6%
.
Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was down 33 to 985 for the month of  March 2016 and is 266 rigs (21.3%) lower than last year's 1,251 rigs.

The total number of rotary rigs targeting oil in March was 719 down 25 from February and 257 (26.3%) lower than last year. International gas rigs were down 5 for the month at 218 and are 21 (8.8%) lower than last year.

International Rig Count
Monthly
Annual


Mar-2016 Feb-2016 Mar-2015 Change Percent Change Percent
Total Oil 719 744 976 -25 -3.4% -257 -26.3%

Gas 218 223 239 -5 -2.2% -21 -8.8%

Misc 48 51 36 -3 -5.9% 12 33.3%

Total 985 1,018 1,251 -33 -3.2% -266 -21.3%
Europe Oil 52 50 83 2 4.0% -31 -37.3%

Gas 17 24 30 -7 -29.2% -13 -43.3%

Mis 27 33 22 -6 -18.2% 5 22.7%

Total 96 107 135 -11 -10.3% -39 -28.9%
Middle East Oil 286 296 319 -10 -3.4% -33 -10.3%

Gas 111 108 88 3 2.8% 23 26.1%

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

Total 397 404 407 -7 -1.7% -10 -2.5%
Africa Oil 61 59 95 2 3.4% -34 -35.8%

Gas 19 19 20 0 0.0% -1 -5.0%

Mis 11 10 10 1 10.0% 1 10.0%

Total 91 88 125 3 3.4% -34 -27.2%
Latin America Oil 195 209 315 -14 -6.7% -120 -38.1%

Gas 20 24 34 -4 -16.7% -14 -41.2%

Mis 3 4 2 -1 -25.0% 1 50.0%

Total 218 237 351 -19 -8.0% -133 -37.9%
Asia Pacific Oil 125 130 164 -5 -3.8% -39 -23.8%

Gas 51 48 67 3 6.3% -16 -23.9%

Mis 7 4 2 3 75.0% 5 250.0%

Total 183 182 233 1 0.5% -50 -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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