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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 287 for the week of October 23, 2020. It is 543 rigs (65.4%) lower than last year.

The number of rotary rigs drilling for oil is up 6 to 213. There are 535 fewer rigs targeting oil than last year. Rigs drilling for oil are 73.5 percent of all drilling activity. 

Rigs targeting natural gas were down 1 at 73. The number of rigs drilling for gas is 60 lower than last year.

Unspecified or miscellaneous rig count is unchanged at 3 rigs compared with 1 last year.

Year-over-year oil exploration in the U.S. is down 69.7 percent. Gas exploration is down 45.1 percent. The weekly average of crude oil spot price is 26.4 percent lower than last year and natural gas spot prices are 28.4 percent higher than last year. Daily crude oil and natural gas futures and spot prices are available on our site.

Canadian rig activity was up 3 at 83 for the week of October 23, 2020 and is 64 (43.5%) lower than last year. Rigs targeting oil were up 2 at 42 and are 60 (58.8%) lower than last year. Gas directed rig count at 41 is up 1 for the week and is 54 rigs (8.9%) 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

10/23/2020 10/16/2020 10/25/2019 Weekly Annual Weekly Annual
Total U.S. 287 282 830 5 (543) 1.8% -65.4%
Offshore 13 14 21 (1) (8) -7.1% -38.1%
Land 274 268 809 6 (535) 2.2% -66.1%
Inland Waters 1 1 2 0 (1) 0.0% -50.0%
Oil 211 205 696 6 (485) 2.9% -69.7%
Percent 73.5% 72.7% 83.9% 0.8% -10.3%

Gas 73 74 133 (1) (60) -1.4% -45.1%
Percent 25.4% 26.2% 16.0% -0.8% 9.4%

Miscellaneous 3 3 1 0 2

Percent 1.0% 1.1% 0.1% -0.0% 0.9%

Directional 21 21 51 0 -30 0.0% -58.8%
Horizontal 245 240 728 5 -483 2.1% -66.3%
Vertical 21 21 51 0 -30 0.0% -58.8%
Gulf of Mexico 13 14 20 -1 -7 -7.1% -35.0%
Gulf Oil 13 14 19 -1 -6 -7.1% -31.6%
Percent 100.0% 100.0% 95.0% 0.0% 5.0%

Gulf Gas 0 0 1 0 -1 n.a. -100.0%
Percent 0.0% 0.0% 5.0% 0.0% -5.0%

Canada 83 80 147 3 (64) 3.8% -43.5%
Oil 42 40 102 2 (60) 5.0% -58.8%
Percent 50.6% 50.0% 69.4% 0.6% -18.8%

Gas 41 40 45 1 (4) 2.5% -8.9%
Percent 49.4% 50.0% 30.6% -0.6% 18.8%

North America 370 362 977 8 (607) 2.2% -62.1%
Prices






Oil $/bbl. $40.80 $40.48 $55.31 $0.32 ($14.51) 0.8% -26.2%
Oil $/mmbtu $7.03 $6.98 $9.54 $0.06 ($2.50) 0.8% -26.2%
Gas $/mmbtu $2.93 $2.78 $2.28 $0.15 $0.65 5.3% 28.4%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, is up 4 to 747 for the month of August 2020 and is 391 rigs (34.4%) lower than last year's 1,138 rigs.

The number of rotary rigs targeting oil in August was 556 up 21 from July and is 271 (32.8%) lower than last year. International gas rigs were down 7 for the month at 164 and are 116 (41.4%) lower than last year. Miscellaneous or unclassified rigs at 27 are down 10 for the month and are 4 lower than last year. Most of these are likely oil rigs.

International Rig Count Change
Percent Change


August 2020 July 2020 August 2019 Monthly Annual Monthly Annual
International Oil 556 535 827 21 -271 3.9% -32.8%

Gas 164 171 280 -7 -116 -4.1% -41.4%

Misc. 27 37 31 -10 -4 -27.0% -12.9%

Total 747 743 1138 4 -391 0.5% -34.4%
Europe Oil 46 45 76 1 -30 2.2% -39.5%

Gas 51 51 105 0 -54 0.0% -51.4%

Misc. 12 9 12 3 0 33.3% 0.0%

Total 109 105 193 4 -84 3.8% -43.5%
Middle East Oil 235 228 322 7 -87 3.1% -27.0%

Gas 66 75 94 -9 -28 -12.0% -29.8%

Misc. 0 12 0 -12 0 -100.0% N.A.

Total 301 315 416 -14 -115 -4.4% -27.6%
Africa Oil 48 43 96 5 -48 11.6% -50.0%

Gas 9 9 11 0 -2 0.0% -18.2%

Misc. 5 4 8 1 -3 25.0% -37.5%

Total 62 56 115 6 -53 10.7% -46.1%
Latin America Oil 70 69 170 1 -100 1.4% -58.8%

Gas 5 5 23 0 -18 0.0% -78.3%

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

Total 75 74 194 1 -119 1.4% -61.3%
Asian Pacific Oil 157 150 163 7 -6 4.7% -3.7%

Gas 33 31 47 2 -14 6.5% -29.8%

Misc. 10 12 10 -2 0 -16.7% 0.0%

Total 200 193 220 7 -20 3.6% -9.1%


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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