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 up 13 at 1,059 for the week of May 25, 2018. It is 151 rigs (16.6%) higher than last year.

The number of rotary rigs drilling for oil was up 15 at 859. There are 137 more rigs targeting oil than last year. Rigs drilling for oil are 81.1 percent of all drilling activity. 

Rigs targeting natural gas were down 2 at 198. The number of rigs drilling for gas is 13 higher than last year's level of 180.

Year-over-year oil exploration in the U.S. is up 19.0 percent. Gas exploration is up 7.0 percent. The weekly average of crude oil spot price is 42.7 percent higher last year and natural gas spot prices are 10.7 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 2 at 81 for the week of May 25, 2018 and is 12 (12.9%) lower than last year. Rigs targeting oil were down 3 at 35 and are 5 (12.5%) lower than last year. Gas directed rig count at 46 was up 1 and is 7 rigs (13.2%) 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

05/25/2018 05/18/2018 05/26/2017 Weekly Annual Weekly Annual
Total U.S. 1,059 1,046 908 13 151 1.2% 16.6%
Offshore 19 19 23 0 (4) 0.0% -17.4%
Land 1,040 1,027 885 13 155 1.3% 17.5%
Inland Waters 4 4 4 0 0 0.0% 0.0%
Oil 859 844 722 15 137 1.8% 19.0%
Percent 81.1% 80.7% 79.5% 0.4% 1.6%

Gas 198 200 185 (2) 13 -1.0% 7.0%
Percent 18.7% 19.1% 20.4% -0.4% -1.7%

Directional 67 66 65 1 2 1.5% 3.1%
Horizontal 926 919 766 7 160 0.8% 20.9%
Vertical 66 61 77 5 -11 8.2% -14.3%
Gulf of Mexico 18 18 23 0 -5 0.0% -21.7%
Gulf Oil 15 17 19 -2 -4 -11.8% -21.1%
Percent 83.3% 94.4% 82.6% -11.1% 0.7%

Gulf Gas 3 1 4 2 -1 200.0% -25.0%
Percent 16.7% 5.6% 17.4% 11.1% -0.7%

Canada 81 83 93 (2) (12) -2.4% -12.9%
Oil 35 38 40 (3) (5) -7.9% -12.5%
Percent 43.2% 45.8% 43.0% -2.6% 0.2%

Gas 46 45 53 1 (7) 2.2% -13.2%
Percent 56.8% 54.2% 57.0% 2.6% -0.2%

North America 1,140 1,129 1,001 11 139 1.0% 13.9%
Prices






Oil $/bbl. $72.10 $71.29 $50.52 $0.80 $21.57 1.1% 42.7%
Oil $/mmbtu $12.43 $12.29 $8.71 $0.14 $3.72 1.1% 42.7%
Gas $/mmbtu $2.80 $2.78 $3.14 $0.02 ($0.33) 0.7% -10.7%


Monthly: International Rig Counts

International rig count, which excludes the US and Canada, down 7 to 972 for the month of March 2018 and is 44 rigs (6.2%) higher than last year's 943 rigs.

The total number of rotary rigs targeting oil in March was 753, up 2 from February and 44 (6.2%) higher than last year. International gas rigs were down 10 for the month at 186 and are 4 (2.1%) lower than last year. Miscellaneous or unclassified rigs at 33 are down 11 from last year.

International Oil and Gas Rotary Rig Count Change
Percent Change


March 2018 February 2018 March 2017 Monthly Annual Monthly Annual
International Oil 753 751 709 2 44 0.3% 6.2%

Gas 186 196 190 -10 -4 -5.1% -2.1%

Misc. 33 32 44 1 -11 3.1% -25.0%

Total 972 979 943 -7 29 -0.7% 3.1%
Europe Oil 55 52 51 3 4 5.8% 7.8%

Gas 16 15 19 1 -3 6.7% -15.8%

Misc. 18 17 24 1 -6 5.9% -25.0%

Total 89 84 94 5 -5 6.0% -5.3%
Middle East Oil 301 296 298 5 3 1.7% 1.0%

Gas 96 100 88 -4 8 -4.0% 9.1%

Misc. 0 0 0 0 0 N.A. N.A.

Total 397 396 386 1 11 0.3% 2.8%
Africa Oil 67 65 54 2 13 3.1% 24.1%

Gas 15 17 16 -2 -1 -11.8% -6.3%

Misc. 7 8 10 -1 -3 -12.5% -30.0%

Total 89 90 80 -1 9 -1.1% 11.3%
Latin America Oil 175 179 168 -4 7 -2.2% 4.2%

Gas 18 20 17 -2 1 -10.0% 5.9%

Misc. 0 0 0 0 0 N.A. N.A.

Total 193 199 185 -6 8 -3.0% 4.3%
Asian Pacific Oil 155 159 138 -4 17 -2.5% 12.3%

Gas 41 44 50 -3 -9 -6.8% -18.0%

Misc. 8 7 10 1 -2 14.3% -20.0%

Total 204 210 198 -6 6 -2.9% 3.0%


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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