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                                  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 up 5 at 402 for the week of February 26, 2021. It is 388 rigs (49.1%) lower than last year.

The number of rotary rigs drilling for oil is up 4 to 309. There are 369 fewer rigs targeting oil than last year. Rigs drilling for oil are 76.9 percent of all drilling activity. 

Rigs targeting natural gas were up 1 at 92. The number of rigs drilling for gas is 19 lower than last year.

Unspecified or miscellaneous rig count is unchanged at 1 rig compared with 2 last year.

Year-over-year oil exploration in the U.S. is down 54.4 percent. Gas exploration is down 16.4 percent. The weekly average of crude oil spot price is 28.7 percent higher than last year and natural gas spot prices are 62.2 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 9 at 163 for the week of February 26, 2021 and is 77 (32.1%) lower than last year. Rigs targeting oil were down 8 at 92 and are 71 (43.6%) lower than last year. Gas directed rig count at 71 is down 1 for the week and is 6 (7.8%) 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 seem to take their holidays more serious than their counterparts in the U.S. and rig count usually drops near holidays.

North American Rig Count
Change
Percent Change

02/26/2021 02/19/2021 02/28/2020 Weekly Annual Weekly Annual
Total U.S. 402 397 790 5 (388) 1.3% -49.1%
Offshore 17 16 22 1 (5) 6.3% -22.7%
Land 385 381 768 4 (383) 1.0% -49.9%
Inland Waters 0 1 1 (1) (1) -100.0% -100.0%
Oil 309 305 678 4 (369) 1.3% -54.4%
Percent 76.9% 76.8% 85.8% 0.0% -9.0%

Gas 92 91 110 1 (18) 1.1% -16.4%
Percent 22.9% 22.9% 13.9% -0.0% 9.0%

Miscellaneous 1 1 2 0 (1)

Percent 0.2% 0.3% 0.3% -0.0% -0.0%

Directional 18 16 46 2 -28 12.5% -60.9%
Horizontal 359 357 708 2 -349 0.6% -49.3%
Vertical 25 24 36 1 -11 4.2% -30.6%
Gulf of Mexico 17 16 22 1 -5 6.3% -22.7%
Gulf Oil 17 16 20 1 -3 6.3% -15.0%
Percent 100.0% 100.0% 90.9% 0.0% 9.1%

Gulf Gas 0 0 2 0 -2 n.a. -100.0%
Percent 0.0% 0.0% 9.1% 0.0% -9.1%

Canada 163 172 240 (9) (77) -5.2% -32.1%
Oil 92 100 163 (8) (71) -8.0% -43.6%
Percent 56.4% 58.1% 67.9% -1.7% -11.5%

Gas 71 72 77 (1) (6) -1.4% -7.8%
Percent 43.6% 41.9% 32.1% 1.7% 11.5%

North America 565 569 1,030 (4) (465) -0.7% -45.1%
Prices






Oil $/bbl. $62.19 $60.26 $48.34 $1.93 $13.86 3.2% 28.7%
Oil $/mmbtu $10.72 $10.39 $8.33 $0.33 $2.39 3.2% 28.7%
Gas $/mmbtu $2.90 $3.13 $1.79 ($0.23) $1.11 -7.3% 62.2%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, is down 4 to 665 for the month of December 2020 and is 439 rigs (39.8%) lower than last year's 1,104 rigs.

The number of rotary rigs targeting oil in December was 490 down 8 from November and is 334 (40.5%) lower than last year. International gas rigs were up 8 for the month at 144 and are 97 (40.2%) lower than last year. Miscellaneous or unclassified rigs at 31 are down 4 for the month and are 8 lower than last year.

International Rig Count Change
Percent Change


Dec-2020 Nov-2020 Dec-2019 Monthly Annual Monthly Annual
International Oil 490 498 824 -8 -334 -1.6% -40.5%

Gas 144 136 241 8 -97 5.9% -40.2%

Misc. 31 35 39 -4 -8 -11.4% -20.5%

Total 665 669 1104 -4 -439 -0.6% -39.8%
Europe Oil 45 48 70 -3 -25 -6.3% -35.7%

Gas 39 39 60 0 -21 0.0% -35.0%

Misc. 13 15 9 -2 4 -13.3% 44.4%

Total 97 102 139 -5 -42 -4.9% -30.2%
Middle East Oil 185 187 319 -2 -134 -1.1% -42.0%

Gas 57 51 106 6 -49 11.8% -46.2%

Misc. 0 1 5 -1 -5 -100.0% -100.0%

Total 242 239 430 3 -188 1.3% -43.7%
Africa Oil 42 49 99 -7 -57 -14.3% -57.6%

Gas 6 6 13 0 -7 0.0% -53.8%

Misc. 5 8 6 -3 -1 -37.5% -16.7%

Total 53 63 118 -10 -65 -15.9% -55.1%
Latin America Oil 95 89 173 6 -78 6.7% -45.1%

Gas 14 12 17 2 -3 16.7% -17.6%

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

Total 109 101 191 8 -82 7.9% -42.9%
Asian Pacific Oil 123 125 163 -2 -40 -1.6% -24.5%

Gas 28 28 45 0 -17 0.0% -37.8%

Misc. 13 11 18 2 -5 18.2% -27.8%

Total 164 164 226 0 -62 0.0% -27.4%


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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James L. Williams
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