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 975 for the week of February 16, 2018. It is 224 rigs (29.8%) higher than last year.

The number of rotary rigs drilling for oil was up 7 at 798. There are 201 more rigs targeting oil than last year. Rigs drilling for oil are 81.8 percent of all drilling activity. 

Rigs targeting natural gas were down 7 at 177. The number of rigs drilling for gas is 24 higher than last year's level of 153.

Year-over-year oil exploration in the U.S. is up 33.7 percent. Gas exploration is up 15.7 percent. The weekly average of crude oil spot price is 13.0 percent higher last year and natural gas spot prices are 11.2 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 7 at 318 for the week of February 16, 2018 and is 13 (3.9%) lower than last year. Rigs targeting oil were down 3 at 218 and are 24 (12.4%) higher than last year. Gas directed rig count at 100 was down 4 and is 37 rigs (27.0%) 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. Also, Canadians take their holidays more serious than their counterparts in the U.S.

North American Rig Count
Change
Percent Change

02/16/2018 02/09/2018 02/17/2017 Weekly Annual Weekly Annual
Total U.S. 975 975 751 0 224 0.0% 29.8%
Offshore 18 16 18 2 0 12.5% 0.0%
Land 957 959 733 (2) 224 -0.2% 30.6%
Inland Waters 1 2 3 (1) (2) -50.0% -66.7%
Oil 798 791 597 7 201 0.9% 33.7%
Percent 81.8% 81.1% 79.5% 0.7% 2.4%

Gas 177 184 153 (7) 24 -3.8% 15.7%
Percent 18.2% 18.9% 20.4% -0.7% -2.2%

Directional 71 73 72 -2 -1 -2.7% -1.4%
Horizontal 839 832 614 7 225 0.8% 36.6%
Vertical 65 70 65 -5 0 -7.1% 0.0%
Gulf of Mexico 18 16 17 2 1 12.5% 5.9%
Gulf Oil 16 14 17 2 -1 14.3% -5.9%
Percent 88.9% 87.5% 100.0% 1.4% -11.1%

Gulf Gas 2 2 0 0 2 0.0% n.a.
Percent 11.1% 12.5% 0.0% -1.4% 11.1%

Canada 318 325 331 (7) (13) -2.2% -3.9%
Oil 218 221 194 (3) 24 -1.4% 12.4%
Percent 68.6% 68.0% 58.6% 0.6% 9.9%

Gas 100 104 137 (4) (37) -3.8% -27.0%
Percent 31.4% 32.0% 41.4% -0.6% -9.9%

North America 1,293 1,300 1,082 (7) 211 -0.5% 19.5%
Prices






Oil $/bbl. $60.11 $61.89 $53.22 ($1.78) $6.89 -2.9% 13.0%
Oil $/mmbtu $10.36 $10.67 $9.18 ($0.31) $1.19 -2.9% 13.0%
Gas $/mmbtu $2.53 $2.72 $2.85 ($0.19) ($0.32) -6.8% -11.2%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, was down 9 to 942 for the month of November 2017 and is 17 rigs (1.8%) higher than last year's 925 rigs.

The total number of rotary rigs targeting oil in November was 720, up 7 from October and 39 (5.7%) higher than last year. International gas rigs were down 11 for the month at 186 and 7 (3.6%) lower than last year. Miscellaneous or unclassified rigs at 36 are down 15 from last year.

International Rig Count
Monthly
Annual


Nov-2017 Oct-2017 Nov-2016 Change Percent Change Percent
Total Oil 720 713 681 7 1.0% 39 5.7%

Gas 186 197 193 -11 -5.6% -7 -3.6%

Misc 36 41 51 -5 -12.2% -15 -29.4%

Total 942 951 925 -9 -0.9% 17 1.8%
Europe Oil 52 53 44 -1 -1.9% 8 18.2%

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

Mis 18 22 34 -4 -18.2% -16 -47.1%

Total 85 91 97 -6 -6.6% -12 -12.4%
Middle East Oil 290 287 288 3 1.0% 2 0.7%

Gas 88 97 92 -9 -9.3% -4 -4.3%

Mis 0 1 0 -1 -100.0% 0 N.A.

Total 378 385 380 -7 -1.8% -2 -0.5%
Africa Oil 59 59 49 0 0.0% 10 20.4%

Gas 19 18 19 1 5.6% 0 0.0%

Mis 7 8 11 -1 -12.5% -4 -36.4%

Total 85 85 79 0 0.0% 6 7.6%
Latin America Oil 159 156 162 3 1.9% -3 -1.9%

Gas 21 20 19 1 5.0% 2 10.5%

Mis 1 1 0 0 0.0% 1 N.A.

Total 181 177 181 4 2.3% 0 0.0%
Asia Pacific Oil 160 158 138 2 1.3% 22 15.9%

Gas 43 46 44 -3 -6.5% -1 -2.3%

Mis 10 9 6 1 11.1% 4 66.7%

Total 213 213 188 0 0.0% 25 13.3%


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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