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 8 at 877 for the week of August 28, 2015. It is 1,037 rigs (54.2%) lower than last year. At the current price the recovery remains in jeopardy.

The number of rotary rigs drilling for oil was up 1 at 675. There are 900 fewer rigs targeting oil than last year. Rigs drilling for oil represent 77.0 percent of all drilling activity. 

Rigs directed toward natural gas were down 9 at 202. The number of rigs drilling for gas is 136 lower than last year's level of 338.

Year-over-year oil exploration in the U.S. is down 57.1 percent. Gas exploration is down 40.2 percent. The weekly average of crude oil spot prices is 56.8 percent lower than last year and natural gas spot prices are 32.6 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 12 at 196 for the week of August 28, 2015 and is 213 (52.1%) lower than last year. The number of rigs drilling for oil was down 8 at 81 and is 143 (61.9%) lower than last year. Gas directed rig count at 108 was down 3 and is 70 rigs (39.3%) 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

08/28/2015 08/21/2015 08/29/2014 Weekly Annual Weekly Annual
Total U.S. 877 885 1,914 (8) (1,037) -0.9% -54.2%
Offshore 30 32 66 (2) (36) -6.3% -54.5%
Land 847 853 1,848 (6) (1,001) -0.7% -54.2%
Inland Waters 4 6 10 (2) (6) -33.3% -60.0%
Oil 675 674 1,575 1 (900) 0.1% -57.1%
Percent 77.0% 76.2% 82.3% 0.8% -5.3%

Gas 202 211 338 (9) (136) -4.3% -40.2%
Percent 23.0% 23.8% 17.7% -0.8% 5.4%

Directional 80 78 210 2 -130 2.6% -61.9%
Horizontal 672 677 1,330 -5 -658 -0.7% -49.5%
Vertical 125 130 374 -5 -249 -3.8% -66.6%
Gulf of Mexico 29 31 63 -2 -34 -6.5% -54.0%
Gulf Oil 19 20 46 -1 -27 -5.0% -58.7%
Percent 65.5% 64.5% 73.0% 1.0% -7.5%

Gulf Gas 10 11 17 -1 -7 -9.1% -41.2%
Percent 34.5% 35.5% 27.0% -1.0% 7.5%

Canada 196 208 409 (12) (213) -5.8% -52.1%
Oil 88 97 231 (9) (143) -9.3% -61.9%
Percent 44.9% 46.6% 56.5% -1.7% -11.6%

Gas 108 111 178 (3) (70) -2.7% -39.3%
Percent 55.1% 53.4% 43.5% 1.7% 11.6%

North America 1,073 1,093 2,323 (20) (1,250) -1.8% -53.8%
Prices
Oil $/bbl. $40.78 $41.37 $94.31 ($0.59) ($53.52) -1.4% -56.8%
Oil $/mmbtu $7.03 $7.13 $16.26 ($0.10) ($9.23) -1.4% -56.8%
Gas $/mmbtu $2.68 $2.72 $3.98 ($0.04) ($1.30) -1.5% -32.6%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was down 24 to 1,251 for the month of  March 2015 and is 94 rigs (7.0%) lower than last year's 1,345 rigs.

The total number of rotary rigs worldwide in March was 2,557 down 429 from Fabruary and 1,040 (28.9%) lower than last year.

Worldwide Rotary Rig Count Change
Percent Change

Mar 2015 Feb 2014 Mar 2014 Monthly Annual Monthly Annual
Latin America 351 355 406 (4) (55) -1.1% -13.5%
Europe 135 133 148 2 (13) 1.5% -8.8%
Africa 125 132 132 (7) (7) -5.3% -5.3%
Middle East 407 415 401 (8) 6 -1.9% 1.5%
Far East 233 240 258 (7) (25) -2.9% -9.7%
International 1,251 1,275 1,345 (24) (94) -1.9% -7.0%
Canada 196 363 449 (167) (253) -46.0% -56.3%
United States 1,110 1,348 1,803 (238) (693) -17.7% -38.4%
World 2,557 2,986 3,597 (429) (1,040) -14.4% -28.9%

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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