WTRG Economics home page Rotary and Workover Rig Counts
Weekly Rotary Rig Count
Monthly International Rotary
and Workover Rig Counts
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North American Rotary Rig Counts

The U.S. rotary rig count from Baker Hughes was up 20 at 809 for the week of March 24, 2017. It is 345 rigs (74.4%) higher than last year.

The number of rotary rigs drilling for oil was up 21 at 652. There are 280 more rigs targeting oil than last year. Rigs drilling for oil represent 80.6 percent of all drilling activity. 

Rigs directed toward natural gas were down 1 at 156. The number of rigs drilling for gas is 63 higher than last year's level of 92.

Year-over-year oil exploration in the U.S. is up 75.3 percent. Gas exploration is up 68.5 percent. The weekly average of crude oil spot prices is 18.5 percent higher than last year and natural gas spot prices are 69.1 percent higher than last year. Daily crude oil and natural gas futures and spot prices are available on our site.

Canadian rig activity was down 91 at 185 for the week of March 24, 2017 and is up 130 (236.4%) from last year. The number of rigs drilling for oil was down 79 at 70 and is 59 (536.4%) higher than last year. Gas directed rig count at 114 was down 11 and is 70 rigs (159.1%) 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

03/24/2017 03/17/2017 03/25/2016 Weekly Annual Weekly Annual
Total U.S. 809 789 464 20 345 2.5% 74.4%
Offshore 18 19 28 (1) (10) -5.3% -35.7%
Land 791 770 436 21 355 2.7% 81.4%
Inland Waters 4 5 4 (1) 0 -20.0% 0.0%
Oil 652 631 372 21 280 3.3% 75.3%
Percent 80.6% 80.0% 80.2% 0.6% 0.4%

Gas 155 157 92 (2) 63 -1.3% 68.5%
Percent 19.2% 19.9% 19.8% -0.7% -0.7%

Directional 58 61 52 -3 6 -4.9% 11.5%
Horizontal 673 658 359 15 314 2.3% 87.5%
Vertical 78 70 53 8 25 11.4% 47.2%
Gulf of Mexico 18 19 27 -1 -9 -5.3% -33.3%
Gulf Oil 18 19 22 -1 -4 -5.3% -18.2%
Percent 100.0% 100.0% 81.5% 0.0% 18.5%

Gulf Gas 0 0 5 0 -5 n.a. -100.0%
Percent 0.0% 0.0% 18.5% 0.0% -18.5%

Canada 185 276 55 (91) 130 -33.0% 236.4%
Oil 70 149 11 (79) 59 -53.0% 536.4%
Percent 37.8% 54.0% 20.0% -16.1% 17.8%

Gas 114 125 44 (11) 70 -8.8% 159.1%
Percent 61.6% 45.3% 80.0% 16.3% -18.4%

North America 994 1,065 519 (71) 475 -6.7% 91.5%
Prices
Oil $/bbl. $48.06 $48.49 $40.57 ($0.43) $7.49 -0.9% 18.5%
Oil $/mmbtu $8.29 $8.36 $7.00 ($0.07) $1.29 -0.9% 18.5%
Gas $/mmbtu $2.97 $2.95 $1.76 $0.02 $1.22 0.6% 69.1%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was up 8 to 941 for the month of Febuary 2017 and is 77 rigs (7.6%) lower than last year's 1,018 rigs.

The total number of rotary rigs targeting oil in January was 695 up 23 from January and 49 (6.6%) lower than last year. International gas rigs were doen 29 for the month at 194 and are 29 (13.0%) lower than last year.

International Rig Count
Monthly
Annual


Feb-2017 Jan-2017 Feb-2016 Change Percent Change Percent
Total Oil 695 672 744 23 3.4% -49 -6.6%

Gas 194 201 223 -7 -3.5% -29 -13.0%

Misc 52 60 51 -8 -13.3% 1 2.0%

Total 941 933 1,018 8 0.9% -77 -7.6%
Europe Oil 54 41 50 13 31.7% 4 8.0%

Gas 23 20 24 3 15.0% -1 -4.2%

Mis 30 37 33 -7 -18.9% -3 -9.1%

Total 107 98 107 9 9.2% 0 0.0%
Middle East Oil 293 289 296 4 1.4% -3 -1.0%

Gas 89 93 108 -4 -4.3% -19 -17.6%

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

Total 382 382 404 0 0.0% -22 -5.4%
Africa Oil 52 53 59 -1 -1.9% -7 -11.9%

Gas 15 16 19 -1 -6.3% -4 -21.1%

Mis 10 10 10 0 0.0% 0 0.0%

Total 77 79 88 -2 -2.5% -11 -12.5%
Latin America Oil 160 152 209 8 5.3% -49 -23.4%

Gas 19 24 24 -5 -20.8% -5 -20.8%

Mis 0 0 4 0 N.A. -4 -100.0%

Total 179 176 237 3 1.7% -58 -24.5%
Asia Pacific Oil 136 137 130 -1 -0.7% 6 4.6%

Gas 48 48 48 0 0.0% 0 0.0%

Mis 12 13 4 -1 -7.7% 8 200.0%

Total 196 198 182 -2 -1.0% 14 7.7%


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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World Rig Count Foreign Rig Count
Workover Rig Count
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Workover Rig Count
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