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 down 43 at 1,633 for the week of January 23, 2015. It is 144 rigs (8.1%) lower than last year.

The number of rotary rigs drilling for oil was down 49 at 1,317. There are 99 fewer rigs targeting oil than last year. Rigs drilling for oil represent 80.6 percent of all drilling activity. 

Rigs directed toward natural gas were up 6 at 316. The number of rigs drilling for gas is 40 lower than last year's level of 356.

Year-over-year oil exploration in the U.S. is down 7.0 percent. Gas exploration is down 11.2 percent. The weekly average of crude oil spot prices is 51.4 percent lower than last year and natural gas spot prices are 41.3 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 8 at 432 for the week of January 23, 2015 and is 158 (26.8%) lower than last year's rig count. The number of rigs drilling for oil was down 11 at 223 and is 171 (43.4%) lower than last year. Gas directed rig count at 209 was up 3 and is 13 rigs (6.6%) 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

01/23/2015 01/16/2015 01/24/2014 Weekly Annual Weekly Annual
Total U.S. 1,633 1,676 1,777 (43) (144) -2.6% -8.1%
Offshore 54 54 56 0 (2) 0.0% -3.6%
Land 1,579 1,622 1,721 (43) (142) -2.7% -8.3%
Inland Waters 11 12 20 (1) (9) -8.3% -45.0%
Oil 1,317 1,366 1,416 (49) (99) -3.6% -7.0%
Percent 80.6% 81.5% 79.7% -0.9% 1.0%

Gas 316 310 356 6 (40) 1.9% -11.2%
Percent 19.4% 18.5% 20.0% 0.9% -0.7%

Directional 146 153 211 -7 -65 -4.6% -30.8%
Horizontal 1,229 1,253 1,170 -24 59 -1.9% 5.0%
Vertical 258 270 396 -12 -138 -4.4% -34.8%
Gulf of Mexico 53 53 56 0 -3 0.0% -5.4%
Gulf Oil 44 44 40 0 4 0.0% 10.0%
Percent 83.0% 83.0% 71.4% 0.0% 11.6%

Gulf Gas 9 9 16 0 -7 0.0% -43.8%
Percent 17.0% 17.0% 28.6% 0.0% -11.6%

Canada 432 440 590 (8) (158) -1.8% -26.8%
Oil 223 234 394 (11) (171) -4.7% -43.4%
Percent 51.6% 53.2% 66.8% -1.6% -15.2%

Gas 209 206 196 3 13 1.5% 6.6%
Percent 48.4% 46.8% 33.2% 1.6% 15.2%

North America 2,065 2,116 2,367 (51) (302) -2.4% -12.8%
Prices
Oil $/bbl. $46.89 $47.08 $96.41 ($0.19) ($49.52) -0.4% -51.4%
Oil $/mmbtu $8.08 $8.12 $16.62 ($0.03) ($8.54) -0.4% -51.4%
Gas $/mmbtu $2.93 $3.06 $4.99 ($0.13) ($2.06) -4.2% -41.3%

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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