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 3 at 885 for the week of May 22, 2015. It is 972 rigs (52.3%) lower than last year.

The number of rotary rigs drilling for oil was down 1 at 659. There are 869 fewer rigs targeting oil than last year. Rigs drilling for oil represent 74.5 percent of all drilling activity. 

Rigs directed toward natural gas were down 1 at 222. The number of rigs drilling for gas is 103 lower than last year's level of 325.

Year-over-year oil exploration in the U.S. is down 56.9 percent. Gas exploration is down 31.7 percent. The weekly average of crude oil spot prices is 42.7  percent lower than last year and natural gas spot prices are 34.7 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 5 at 72 for the week of May 22, 2015 and is 82 (53.2%) lower than last year. The number of rigs drilling for oil was up 3 at 24 and is 41 (63.1%) lower than last year. Gas directed rig count at 48 was down 8 and is 41 rigs (46.5%) 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

05/22/2015 05/15/2015 05/23/2014 Weekly Annual Weekly Annual
Total U.S. 885 888 1,857 (3) (972) -0.3% -52.3%
Offshore 29 34 60 (5) (31) -14.7% -51.7%
Land 856 854 1,797 2 (941) 0.2% -52.4%
Inland Waters 3 4 14 (1) (11) -25.0% -78.6%
Oil 659 660 1,528 (1) (869) -0.2% -56.9%
Percent 74.5% 74.3% 82.3% 0.1% -7.8%

Gas 222 223 325 (1) (103) -0.4% -31.7%
Percent 25.1% 25.1% 17.5% -0.0% 7.6%

Directional 85 89 205 -4 -120 -4.5% -58.5%
Horizontal 683 685 1,243 -2 -560 -0.3% -45.1%
Vertical 117 114 409 3 -292 2.6% -71.4%
Gulf of Mexico 28 33 58 -5 -30 -15.2% -51.7%
Gulf Oil 17 21 44 -4 -27 -19.0% -61.4%
Percent 60.7% 63.6% 75.9% -2.9% -15.1%

Gulf Gas 11 12 14 -1 -3 -8.3% -21.4%
Percent 39.3% 36.4% 24.1% 2.9% 15.1%

Canada 72 77 154 (5) (82) -6.5% -53.2%
Oil 24 21 65 3 (41) 14.3% -63.1%
Percent 33.3% 27.3% 42.2% 6.1% -8.9%

Gas 48 56 89 (8) (41) -14.3% -46.1%
Percent 66.7% 72.7% 57.8% -6.1% 8.9%

North America 957 965 2,011 (8) (1,054) -0.8% -52.4%
Prices
Oil $/bbl. $59.28 $60.00 $103.42 ($0.73) ($44.14) -1.2% -42.7%
Oil $/mmbtu $10.22 $10.35 $17.83 ($0.13) ($7.61) -1.2% -42.7%
Gas $/mmbtu $3.00 $2.88 $4.59 $0.12 ($1.59) 4.2% -34.7%

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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