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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 down 2 at 263 for the week of July 3, 2020. It is 700 rigs (72.7%) lower than last year.

The number of rotary rigs drilling for oil is down 3 to 185. There are 603 fewer rigs targeting oil than last year. Rigs drilling for oil are 70.3 percent of all drilling activity. 

Rigs targeting natural gas were up 1 at 76. The number of rigs drilling for gas is 98 lower than last year.

Unspecified or miscellaneous rig count is unchanged at 2 rigs.

Year-over-year oil exploration in the U.S. is down 76.3 percent. Gas exploration is down 56.6 percent. The weekly average of crude oil spot price is 32.7 percent lower than last year and natural gas spot prices are 30.7 percent lower than last year. Daily crude oil and natural gas futures and spot prices are available on our site.

Canadian rig activity was up 15 to 18 for the week of July 1, 2020 and is 102 (85.0%) lower than last year. Rigs targeting oil were up 2 at 6 and are 74 (92.5%) lower than last year. Gas directed rig count at 12 is up 3 for the week and is 28 rigs (70.0%) 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 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

07/03/2020 06/26/2020 07/05/2019 Weekly Annual Weekly Annual
Total U.S. 263 265 963 (2) (700) -0.8% -72.7%
Offshore 12 11 24 1 (12) 9.1% -50.0%
Land 251 254 939 (3) (688) -1.2% -73.3%
Inland Waters 0 0 3 0 (3) n.a. -100.0%
Oil 185 188 788 (3) (603) -1.6% -76.5%
Percent 70.3% 70.9% 81.8% -0.6% -11.5%

Gas 76 75 174 1 (98) 1.3% -56.3%
Percent 28.9% 28.3% 18.1% 0.6% 10.8%

Miscellaneous 2 2 1 0 1

Percent 0.8% 0.8% 0.1% 0.0% 0.7%

Directional 20 20 66 0 -46 0.0% -69.7%
Horizontal 226 230 839 -4 -613 -1.7% -73.1%
Vertical 17 15 58 2 -41 13.3% -70.7%
Gulf of Mexico 12 11 24 1 -12 9.1% -50.0%
Gulf Oil 12 11 22 1 -10 9.1% -45.5%
Percent 100.0% 100.0% 91.7% 0.0% 8.3%

Gulf Gas 0 0 2 0 -2 n.a. -100.0%
Percent 0.0% 0.0% 8.3% 0.0% -8.3%

Canada 18 13 120 5 (102) 38.5% -85.0%
Oil 6 4 80 2 (74) 50.0% -92.5%
Percent 33.3% 30.8% 66.7% 2.6% -33.3%

Gas 12 9 40 3 (28) 33.3% -70.0%
Percent 66.7% 69.2% 33.3% -2.6% 33.3%

North America 281 278 1,083 3 (802) 1.1% -74.1%
Prices






Oil $/bbl. $39.48 $39.26 $57.51 $0.21 ($18.03) 0.5% -31.4%
Oil $/mmbtu $6.81 $6.77 $9.92 $0.04 ($3.11) 0.5% -31.4%
Gas $/mmbtu $1.73 $1.58 $2.30 $0.15 ($0.57) 9.2% -24.8%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, is down 110 to 805 for the month of May 2020 and is 321 rigs (28.5%) lower than last year's 1,126 rigs.

The number of rotary rigs targeting oil in May was 568 up down 83 from April and is 248 (30.4%) lower than last year. International gas rigs were down 20 for the month at 185 and are 96 (34.2%) lower than last year. Miscellaneous or unclassified rigs at 52 are  for the month and are 23 higher than last year. Most of these are likely oil rigs.

International Rig Count
Change
Percent Change


May 2020 April 2020 May 2019 Monthly Annual Monthly Annual
International Oil 568 651 816 -83 -248 -12.7% -30.4%

Gas 185 205 281 -20 -96 -9.8% -34.2%

Misc. 52 59 29 -7 23 -11.9% 79.3%

Total 805 915 1126 -110 -321 -12.0% -28.5%
Europe Oil 49 52 69 -3 -20 -5.8% -29.0%

Gas 53 54 106 -1 -53 -1.9% -50.0%

Misc. 9 6 11 3 -2 50.0% -18.2%

Total 111 112 186 -1 -75 -0.9% -40.3%
Middle East Oil 265 295 317 -30 -52 -10.2% -16.4%

Gas 85 94 93 -9 -8 -9.6% -8.6%

Misc. 25 31 0 -6 25 -19.4% N.A.

Total 375 420 410 -45 -35 -10.7% -8.5%
Africa Oil 43 80 100 -37 -57 -46.3% -57.0%

Gas 13 17 14 -4 -1 -23.5% -7.1%

Misc. 5 6 9 -1 -4 -16.7% -44.4%

Total 61 103 123 -42 -62 -40.8% -50.4%
Latin America Oil 59 84 154 -25 -95 -29.8% -61.7%

Gas 3 5 24 -2 -21 -40.0% -87.5%

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

Total 62 89 179 -27 -117 -30.3% -65.4%
Asian Pacific Oil 152 140 176 12 -24 8.6% -13.6%

Gas 31 35 44 -4 -13 -11.4% -29.5%

Misc. 13 16 8 -3 5 -18.8% 62.5%

Total 196 191 228 5 -32 2.6% -14.0%


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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