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 1 at 463 for the week of July 29, 2016. It is 411 rigs (47.0%) lower than last year. Rig count is now 59 above the record low since Baker Hughes started counting rigs in 1949.

The number of rotary rigs drilling for oil was up 3 at 374. There are 290 fewer rigs targeting oil than last year. Rigs drilling for oil represent 80.8 percent of all drilling activity. 

Rigs directed toward natural gas were down 2 at 88. The number of rigs drilling for gas is 123 lower than last year's level of 209.

Year-over-year oil exploration in the U.S. is down 43.7 percent. Gas exploration is down 58.9 percent. The weekly average of crude oil spot prices is 11.9 percent lower than last year and natural gas spot prices are 2.6 percent lower than last year. Daily crude oil and natural gas futures and spot prices are available on our site.

Canadian rig activity was up 17 at 119 for the week of July 29, 2016 and is 96 (44.7%) lower than last year. The number of rigs drilling for oil was up 12 at 60 and is 52 (46.4%) lower than last year. Gas directed rig count at 58 was up 5 and is 45 rigs (43.7%) 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

07/29/2016 07/22/2016 07/31/2015 Weekly Annual Weekly Annual
Total U.S. 463 462 874 1 (411) 0.2% -47.0%
Offshore 19 19 34 0 (15) 0.0% -44.1%
Land 444 443 840 1 (396) 0.2% -47.1%
Inland Waters 4 3 5 1 (1) 33.3% -20.0%
Oil 374 371 664 3 (290) 0.8% -43.7%
Percent 80.8% 80.3% 76.0% 0.5% 4.8%

Gas 86 88 209 (2) (123) -2.3% -58.9%
Percent 18.6% 19.0% 23.9% -0.5% -5.3%

Directional 48 44 84 4 -36 9.1% -42.9%
Horizontal 354 357 664 -3 -310 -0.8% -46.7%
Vertical 61 61 126 0 -65 0.0% -51.6%
Gulf of Mexico 19 18 34 1 -15 5.6% -44.1%
Gulf Oil 16 14 26 2 -10 14.3% -38.5%
Percent 84.2% 77.8% 76.5% 6.4% 7.7%

Gulf Gas 3 4 8 -1 -5 -25.0% -62.5%
Percent 15.8% 22.2% 23.5% -6.4% -7.7%

Canada 119 102 215 17 (96) 16.7% -44.7%
Oil 60 48 112 12 (52) 25.0% -46.4%
Percent 50.4% 47.1% 52.1% 3.4% -1.7%

Gas 58 53 103 5 (45) 9.4% -43.7%
Percent 48.7% 52.0% 47.9% -3.2% 0.8%

North America 582 564 1,089 18 (507) 3.2% -46.6%
Prices
Oil $/bbl. $42.27 $44.93 $47.96 ($2.67) ($5.69) -5.9% -11.9%
Oil $/mmbtu $7.29 $7.75 $8.27 ($0.46) ($0.98) -5.9% -11.9%
Gas $/mmbtu $2.77 $2.76 $2.85 $0.01 ($0.07) 0.3% -2.6%


Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was down 28 to 927 for the month of June 2016 and is 219 rigs (19.1%) lower than last year's 1,146 rigs.

The total number of rotary rigs targeting oil in June was 677 down 27 from May and 195 (22.4%) lower than last year. International gas rigs were unchanged for the month at 197 and are 35 (15.1%) lower than last year.

International Rig Count
Monthly
Annual


Jun-2016 May-2016 Jun-2015 Change Percent Change Percent
Total Oil 677 704 872 -27 -3.8% -195 -22.4%

Gas 197 197 232 0 0.0% -35 -15.1%

Misc 53 54 42 -1 -1.9% 11 26.2%

Total 927 955 1146 -28 -2.9% -219 -19.1%
Europe Oil 48 51 62 -3 -5.9% -14 -22.6%

Gas 11 11 26 0 0.0% -15 -57.7%

Mis 32 33 25 -1 -3.0% 7 28.0%

Total 91 95 113 -4 -4.2% -22 -19.5%
Middle East Oil 284 289 302 -5 -1.7% -18 -6.0%

Gas 105 102 99 3 2.9% 6 6.1%

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

Total 389 391 401 -2 -0.5% -12 -3.0%
Africa Oil 58 62 72 -4 -6.5% -14 -19.4%

Gas 18 18 19 0 0.0% -1 -5.3%

Mis 11 11 12 0 0.0% -1 -8.3%

Total 87 91 103 -4 -4.4% -16 -15.5%
Latin America Oil 151 164 288 -13 -7.9% -137 -47.6%

Gas 24 21 25 3 14.3% -1 -4.0%

Mis 3 3 1 0 0.0% 2 200.0%

Total 178 188 314 -10 -5.3% -136 -43.3%
Asia Pacific Oil 136 138 148 -2 -1.4% -12 -8.1%

Gas 39 45 63 -6 -13.3% -24 -38.1%

Mis 7 7 4 0 0.0% 3 75.0%

Total 182 190 215 -8 -4.2% -33 -15.3%

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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