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 43 at 1,267 for the week of February 27, 2015. It is 502 rigs (28.4%) lower than last year.

The number of rotary rigs drilling for oil was down 33 at 986. There are 444 fewer rigs targeting oil than last year. Rigs drilling for oil represent 77.8 percent of all drilling activity. 

Rigs directed toward natural gas were down 9 at 289. The number of rigs drilling for gas is 55 lower than last year's level of 335.

Year-over-year oil exploration in the U.S. is down 28.4 percent. Gas exploration is down 16.4 percent. The weekly average of crude oil spot prices is 51.7 percent lower than last year and natural gas spot prices are 39.4 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 30 at 330 for the week of February 27, 2015 and is 296 (47.3%) lower than last year. The number of rigs drilling for oil was down 13 at 171 and is 252 (59.6%) lower than last year. Gas directed rig count at 159 was down 17 and is 44 rigs (21.7%) 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

02/27/2015 02/20/2015 02/28/2014 Weekly Annual Weekly Annual
Total U.S. 1,267 1,310 1,769 (43) (502) -3.3% -28.4%
Offshore 51 54 55 (3) (4) -5.6% -7.3%
Land 1,216 1,256 1,714 (40) (498) -3.2% -29.1%
Inland Waters 8 6 18 2 (10) 33.3% -55.6%
Oil 986 1,019 1,430 (33) (444) -3.2% -31.0%
Percent 77.8% 77.8% 80.8% 0.0% -3.0%

Gas 280 289 335 (9) (55) -3.1% -16.4%
Percent 22.1% 22.1% 18.9% 0.0% 3.2%

Directional 127 128 197 -1 -70 -0.8% -35.5%
Horizontal 946 979 1,181 -33 -235 -3.4% -19.9%
Vertical 194 203 391 -9 -197 -4.4% -50.4%
Gulf of Mexico 49 52 53 -3 -4 -5.8% -7.5%
Gulf Oil 40 40 36 0 4 0.0% 11.1%
Percent 81.6% 76.9% 67.9% 4.7% 13.7%

Gulf Gas 9 12 17 -3 -8 -25.0% -47.1%
Percent 18.4% 23.1% 32.1% -4.7% -13.7%

Canada 330 360 626 (30) (296) -8.3% -47.3%
Oil 171 184 423 (13) (252) -7.1% -59.6%
Percent 51.8% 51.1% 67.6% 0.7% -15.8%

Gas 159 176 203 (17) (44) -9.7% -21.7%
Percent 48.2% 48.9% 32.4% -0.7% 15.8%

North America 1,597 1,670 2,395 (73) (798) -4.4% -33.3%
Prices
Oil $/bbl. $49.53 $51.90 $102.45 ($2.37) ($52.92) -4.6% -51.7%
Oil $/mmbtu $8.54 $8.95 $17.66 ($0.41) ($9.12) -4.6% -51.7%
Gas $/mmbtu $3.15 $2.96 $5.21 $0.19 ($2.06) 6.6% -39.5%

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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