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 was up 9 at 1,927 for the week of October 24, 2014. It is 189 rigs (10.9%) higher than last year.

The number of rotary rigs drilling for oil was up 5 at 1,595. There are 238 more rigs targeting oil than last year. Rigs drilling for oil represent 82.8 percent of all drilling activity. 

Rigs directed toward natural gas were up 4 at 332. The number of rigs drilling for gas is 44 lower than last year's level of 376.

Year-over-year oil exploration in the U.S. is up 17.5 percent. Gas exploration is down 11.7 percent. The weekly average of crude oil spot prices is 16.3 percent lower than last year and natural gas spot prices are 1.0 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 9 at 426 for the week of October 24, 2014 and is 22 (5.4%) higher than last year's rig count. The number of rigs drilling for oil was up 1 at 232 and is 17 (6.8%) lower than last year. Gas directed rig count at 194 was up 8 and is 39 rigs (25.2%) 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

10/24/2014 10/17/2014 10/25/2013 Weekly Annual Weekly Annual
Total U.S. 1,927 1,918 1,738 9 189 0.5% 10.9%
Offshore 55 57 62 (2) (7) -3.5% -11.3%
Land 1,872 1,861 1,676 11 196 0.6% 11.7%
Inland Waters 13 14 17 (1) (4) -7.1% -23.5%
Oil 1,595 1,590 1,357 5 238 0.3% 17.5%
Percent 82.8% 82.9% 78.1% -0.1% 4.7%

Gas 332 328 376 4 (44) 1.2% -11.7%
Percent 17.2% 17.1% 21.6% 0.1% -4.4%

Directional 211 203 249 8 -38 3.9% -15.3%
Horizontal 1,355 1,353 1,098 2 257 0.1% 23.4%
Vertical 361 362 391 -1 -30 -0.3% -7.7%
Gulf of Mexico 53 55 60 -2 -7 -3.6% -11.7%
Gulf Oil 42 44 42 -2 0 -4.5% 0.0%
Percent 79.2% 80.0% 70.0% -0.8% 9.2%

Gulf Gas 11 11 18 0 -7 0.0% -38.9%
Percent 20.8% 20.0% 30.0% 0.8% -9.2%

Canada 426 417 404 9 22 2.2% 5.4%
Oil 232 231 249 1 (17) 0.4% -6.8%
Percent 54.5% 55.4% 61.6% -0.9% -7.2%

Gas 194 186 155 8 39 4.3% 25.2%
Percent 45.5% 44.6% 38.4% 0.9% 7.2%

North America 2,353 2,335 2,142 18 211 0.8% 9.9%
Prices
Oil $/bbl. $81.95 $82.95 $97.88 ($1.00) ($15.93) -1.2% -16.3%
Oil $/mmbtu $14.13 $14.30 $16.88 ($0.17) ($2.75) -1.2% -16.3%
Gas $/mmbtu $3.64 $3.82 $3.68 ($0.18) ($0.04) -4.7% -1.0%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was down 43 to 1,339 for the month of  August 2014 and is 72 rigs (5.7%) above last year's 1,267 rigs.

The total number of rotary rigs worldwide in August was 3,642 up 34 from July and 226 (6.6%) higher than last year.

Worldwide Rotary Rig Count Change
Percent Change

Aug 2014 Jul 2014 Aug 2013 Monthly Annual Monthly Annual
Latin America 410 407 399 3 11 0.7% 2.8%
Europe 143 153 143 (10) 0 -6.5% 0.0%
Africa 125 137 125 (12) 0 -8.8% 0.0%
Middle East 406 432 362 (26) 44 -6.0% 12.2%
Far East 255 253 238 2 17 0.8% 7.1%
International 1,339 1,382 1,267 (43) 72 -3.1% 5.7%
Canada 399 350 368 49 31 14.0% 8.4%
United States 1,904 1,876 1,781 28 123 1.5% 6.9%
World 3,642 3,608 3,416 34 226 0.9% 6.6%

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.



Long term
Short Term
Rotary Rig Count - United States
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Rotary Rig Count - United States 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 - International
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Rotary Rig Count - International
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Rotary Rig Count - World
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Rotary Rig Count - World
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Workover Rig Count
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Workover Rig Count
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