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 5 at 1,913 for the week of August 15, 2014. It is 122rigs (6.8%) higher than last year.

The number of rotary rigs drilling for oil was up 1 at 1,589. There are 192 more rigs targeting oil than last year. Rigs drilling for oil represent 83.1 percent of all drilling activity. 

Rigs directed toward natural gas were up 5 at 321. The number of rigs drilling for gas is 67 lower than last year's level of 388.

Year-over-year oil exploration in the U.S. is up 13.7 percent. Gas exploration is down 17.3 percent. The weekly average of crude oil spot prices is 8.7 percent lower than last year and natural gas spot prices are 16.2 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 14 at 87 for the week of August 15, 2014 and is 43 (12.0%) higher than last year's rig count. The number of rigs drilling for oil was up 2 at 224 and is 7 (3.0%) lower than last year. Gas directed rig count at 177 was up 12 and is 50 rigs (39.4%) 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

08/15/2014 08/08/2014 08/16/2013 Weekly Annual Weekly Annual
Total U.S. 1,913 1,908 1,791 5 122 0.3% 6.8%
Offshore 62 62 62 0 0 0.0% 0.0%
Land 1,851 1,846 1,729 5 122 0.3% 7.1%
Inland Waters 10 14 23 (4) (13) -28.6% -56.5%
Oil 1,589 1,588 1,397 1 192 0.1% 13.7%
Percent 83.1% 83.2% 78.0% -0.2% 5.1%

Gas 321 316 388 5 (67) 1.6% -17.3%
Percent 16.8% 16.6% 21.7% 0.2% -4.9%

Directional 216 213 269 3 -53 1.4% -19.7%
Horizontal 1,329 1,317 1,077 12 252 0.9% 23.4%
Vertical 368 378 445 -10 -77 -2.6% -17.3%
Gulf of Mexico 60 60 59 0 1 0.0% 1.7%
Gulf Oil 44 43 44 1 0 2.3% 0.0%
Percent 73.3% 71.7% 74.6% 1.7% -1.2%

Gulf Gas 16 17 15 -1 1 -5.9% 6.7%
Percent 26.7% 28.3% 25.4% -1.7% 1.2%

Canada 401 387 358 14 43 3.6% 12.0%
Oil 224 222 231 2 (7) 0.9% -3.0%
Percent 55.9% 57.4% 64.5% -1.5% -8.7%

Gas 177 165 127 12 50 7.3% 39.4%
Percent 44.1% 42.6% 35.5% 1.5% 8.7%

North America 2,314 2,295 2,149 19 165 0.8% 7.7%
Prices
Oil $/bbl. $97.13 $97.50 $106.37 ($0.37) ($9.24) -0.4% -8.7%
Oil $/mmbtu $16.75 $16.81 $18.34 ($0.06) ($1.59) -0.4% -8.7%
Gas $/mmbtu $3.89 $3.88 $3.35 $0.01 $0.54 0.3% 16.2%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was down 6 to 1,344 for the month of  June 2014 and is 11 rigs (0.8%) above last year's 1,333 rigs.

The total number of rotary rigs worldwide in June was 3,445 up 74 from May and 168 (5.1%) higher than last year.

Worldwide Rotary Rig Count Change
Percent Change

June 2014 May 2014 June 2013 Monthly Annual Monthly Annual
Latin America 398 404 423 (6) (25) -1.5% -5.9%
Europe 147 149 138 (2) 9 -1.3% 6.5%
Africa 123 140 133 (17) (10) -12.1% -7.5%
Middle East 425 414 389 11 36 2.7% 9.3%
Far East 251 243 250 8 1 3.3% 0.4%
International 1,344 1,350 1,333 (6) 11 -0.4% 0.8%
Canada 240 162 183 78 57 48.1% 31.1%
United States 1,861 1,859 1,761 2 100 0.1% 5.7%
World 3,445 3,371 3,277 74 168 2.2% 5.1%

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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