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 unchanged at 404 for the week of May 27, 2016. It is 471 rigs (53.8%) lower than last year. Rig count is remains at the lowest level since Baker Hughes started counting rigs in 1949. It is likely the lowest back to around 1860 or 1900 if only rotary drilling rigs are counted.

The number of rotary rigs drilling for oil was down 2 at 316. There are 330 fewer rigs targeting oil than last year. Rigs drilling for oil represent 78.2 percent of all drilling activity. 

Rigs directed toward natural gas were up 2 at 87. The number of rigs drilling for gas is 1387 lower than last year's level of 225.

Year-over-year oil exploration in the U.S. is down 51.1 percent. Gas exploration is down 61.3 percent. The weekly average of crude oil spot prices is 16.2 percent lower than last year and natural gas spot prices are 33.2 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 1 at 43 for the week of May 27, 2016 and is 55 (56.1%) lower than last year. The number of rigs drilling for oil was down 2 at 14 and is 30 (68.2%) lower than last year. Gas directed rig count at 28 was up 1 and is 26 rigs (48.1%) 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

05/27/2016 05/20/2016 05/29/2015 Weekly Annual Weekly Annual
Total U.S. 404 404 875 0 (471) 0.0% -53.8%
Offshore 24 24 29 0 (5) 0.0% -17.2%
Land 380 380 846 0 (466) 0.0% -55.1%
Inland Waters 6 5 2 1 4 20.0% 200.0%
Oil 316 318 646 (2) (330) -0.6% -51.1%
Percent 78.2% 78.7% 73.8% -0.5% 4.4%

Gas 87 85 225 2 (138) 2.4% -61.3%
Percent 21.5% 21.0% 25.7% 0.5% -4.2%

Directional 44 42 90 2 -46 4.8% -51.1%
Horizontal 314 314 674 0 -360 0.0% -53.4%
Vertical 46 48 111 -2 -65 -4.2% -58.6%
Gulf of Mexico 23 23 29 0 -6 0.0% -20.7%
Gulf Oil 18 18 17 0 1 0.0% 5.9%
Percent 78.3% 78.3% 58.6% 0.0% 19.6%

Gulf Gas 5 5 12 0 -7 0.0% -58.3%
Percent 21.7% 21.7% 41.4% 0.0% -19.6%

Canada 43 44 98 (1) (55) -2.3% -56.1%
Oil 14 16 44 (2) (30) -12.5% -68.2%
Percent 32.6% 36.4% 44.9% -3.8% -12.3%

Gas 28 27 54 1 (26) 3.7% -48.1%
Percent 65.1% 61.4% 55.1% 3.8% 10.0%

North America 447 448 973 (1) (526) -0.2% -54.1%
Prices
Oil $/bbl. $48.94 $48.15 $58.39 $0.79 ($9.45) 1.6% -16.2%
Oil $/mmbtu $8.44 $8.30 $10.07 $0.14 ($1.63) 1.6% -16.2%
Gas $/mmbtu $1.85 $1.88 $2.76 ($0.04) ($0.92) -2.1% -33.2%
.
Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was down 39 to 946 for the month of April 2016 and is 256 rigs (21.3%) lower than last year's 1,203 rigs.

The total number of rotary rigs targeting oil in April was 699 down 20 from March and 231 (24.8%) lower than last year. International gas rigs were down 19 for the month at 199 and are 33 (14.2%) lower than last year.

International Rig Count
Monthly
Annual


Apr-2016 Mar-2016 Apr-2015 Change Percent Change Percent
Total Oil 699 719 930 -20 -2.8% -231 -24.8%

Gas 199 218 232 -19 -8.7% -33 -14.2%

Misc 48 48 40 0 0.0% 8 20.0%

Total 946 985 1202 -39 -4.0% -256 -21.3%
Europe Oil 50 52 65 -2 -3.8% -15 -23.1%

Gas 13 17 30 -4 -23.5% -17 -56.7%

Mis 27 27 24 0 0.0% 3 12.5%

Total 90 96 119 -6 -6.3% -29 -24.4%
Middle East Oil 283 286 317 -3 -1.0% -34 -10.7%

Gas 101 111 93 -10 -9.0% 8 8.6%

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

Total 384 397 410 -13 -3.3% -26 -6.3%
Africa Oil 59 61 88 -2 -3.3% -29 -33.0%

Gas 20 19 22 1 5.3% -2 -9.1%

Mis 11 11 10 0 0.0% 1 10.0%

Total 90 91 120 -1 -1.1% -30 -25.0%
Latin America Oil 181 195 296 -14 -7.2% -115 -38.9%

Gas 19 20 26 -1 -5.0% -7 -26.9%

Mis 3 3 3 0 0.0% 0 0.0%

Total 203 218 325 -15 -6.9% -122 -37.5%
Asia Pacific Oil 126 125 164 1 0.8% -38 -23.2%

Gas 46 51 61 -5 -9.8% -15 -24.6%

Mis 7 7 3 0 0.0% 4 133.3%

Total 179 183 228 -4 -2.2% -49 -21.5%

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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