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 941 for the week of June 23, 2017. It is 520 rigs (123.5%) higher than last year.

The number of rotary rigs drilling for oil was up 11 at 758. There are 428 more rigs targeting oil than last year. Rigs drilling for oil represent 80.6 percent of all drilling activity. 

Rigs directed toward natural gas were down 3 at 183. The number of rigs drilling for gas is 93 higher than last year's level of 90.

Year-over-year oil exploration in the U.S. is up 129.7 percent. Gas exploration is up 103.3 percent. The weekly average of crude oil spot prices is 12.1 percent lower than last year and natural gas spot prices are 5.2 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 11 at 170 for the week of June 23, 2017 and is 94 (123.7%) highjer than last year. Rigs targeting oil were up 7 at 98 and are 62 (172.2%) higher than last year. Gas directed rig count at 72 was up 4 and is 33 rigs (84.6%) 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

06/23/2017 06/16/2017 06/24/2016 Weekly Annual Weekly Annual
Total U.S. 941 933 421 8 520 0.9% 123.5%
Offshore 22 22 21 0 1 0.0% 4.8%
Land 919 911 400 8 519 0.9% 129.8%
Inland Waters 4 3 3 1 1 33.3% 33.3%
Oil 758 747 330 11 428 1.5% 129.7%
Percent 80.6% 80.1% 78.4% 0.5% 2.2%

Gas 183 186 90 (3) 93 -1.6% 103.3%
Percent 19.4% 19.9% 21.4% -0.5% -1.9%

Directional 72 69 43 3 29 4.3% 67.4%
Horizontal 792 782 325 10 467 1.3% 143.7%
Vertical 77 82 53 -5 24 -6.1% 45.3%
Gulf of Mexico 21 21 20 0 1 0.0% 5.0%
Gulf Oil 19 19 16 0 3 0.0% 18.8%
Percent 90.5% 90.5% 80.0% 0.0% 10.5%

Gulf Gas 2 2 4 0 -2 0.0% -50.0%
Percent 9.5% 9.5% 20.0% 0.0% -10.5%

Canada 170 159 76 11 94 6.9% 123.7%
Oil 98 91 36 7 62 7.7% 172.2%
Percent 57.6% 57.2% 47.4% 0.4% 10.3%

Gas 72 68 39 4 33 5.9% 84.6%
Percent 42.4% 42.8% 51.3% -0.4% -9.0%

North America 1,111 1,092 497 19 614 1.7% 123.5%
Prices






Oil $/bbl. $43.26 $45.30 $49.21 ($2.04) ($5.95) -4.5% -12.1%
Oil $/mmbtu $7.46 $7.81 $8.48 ($0.35) ($1.03) -4.5% -12.1%
Gas $/mmbtu $2.87 $2.97 $2.72 ($0.11) $0.14 -3.7% 5.2%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was up 1 to 957 for the month of May 2017 and is 2 rigs (0.2%) higher than last year's 955 rigs.

The total number of rotary rigs targeting oil in May was 715 up 5 from April and 11 (1.6%) higher than last year. International gas rigs were down 1 for the month at 202 and are 5 (2.5%) higher than last year.

International Rig Count
Monthly
Annual


May-2017 Apr-2017 May-2016 Change Percent Change Percent
Total Oil 715 710 704 5 0.7% 11 1.6%

Gas 202 203 197 -1 -0.5% 5 2.5%

Misc 40 43 54 -3 -7.0% -14 -25.9%

Total 957 956 955 1 0.1% 2 0.2%
Europe Oil 51 52 51 -1 -1.9% 0 0.0%

Gas 21 18 11 3 16.7% 10 90.9%

Mis 23 21 33 2 9.5% -10 -30.3%

Total 95 91 95 4 4.4% 0 0.0%
Middle East Oil 293 295 289 -2 -0.7% 4 1.4%

Gas 98 94 102 4 4.3% -4 -3.9%

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

Total 391 389 391 2 0.5% 0 0.0%
Africa Oil 59 60 62 -1 -1.7% -3 -4.8%

Gas 16 18 18 -2 -11.1% -2 -11.1%

Mis 9 11 11 -2 -18.2% -2 -18.2%

Total 84 89 91 -5 -5.6% -7 -7.7%
Latin America Oil 173 164 164 9 5.5% 9 5.5%

Gas 17 18 21 -1 -5.6% -4 -19.0%

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

Total 190 182 188 8 4.4% 2 1.1%
Asia Pacific Oil 139 139 138 0 0.0% 1 0.7%

Gas 50 55 45 -5 -9.1% 5 11.1%

Mis 8 11 7 -3 -27.3% 1 14.3%

Total 197 205 190 -8 -3.9% 7 3.7%


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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