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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 17 at 301 for the week of May 29, 2020. It is 683 rigs (69.4%) lower than last year.

The number of rotary rigs drilling for oil is down 15 to 222. There are 578 fewer rigs targeting oil than last year. Rigs drilling for oil are 73.8 percent of all drilling activity. 

Rigs targeting natural gas were down 2 at 77. The number of rigs drilling for gas is 107 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 72.3 percent. Gas exploration is down 58.2 percent. The weekly average of crude oil spot price is 41.1 percent lower than last year and natural gas spot prices are 28.0 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 1 at 20 for the week of May 29, 2020 and is 65 (76.5%) lower than last year. Rigs targeting oil were down 1 at 7 and are 37 (84.1%) lower than last year. Gas directed rig count at 13 is unchanged for the week and is 287 rigs (68.3%) 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 drops near the holidays.

North American Rig Count
Change
Percent Change

05/29/2020 05/22/2020 05/31/2019 Weekly Annual Weekly Annual
Total U.S. 301 318 984 (17) (683) -5.3% -69.4%
Offshore 12 12 23 0 (11) 0.0% -47.8%
Land 289 306 961 (17) (672) -5.6% -69.9%
Inland Waters 0 0 4 0 (4) n.a. -100.0%
Oil 222 237 800 (15) (578) -6.3% -72.3%
Percent 73.8% 74.5% 81.3% -0.8% -7.5%

Gas 77 79 184 (2) (107) -2.5% -58.2%
Percent 25.6% 24.8% 18.7% 0.7% 6.9%

Miscellaneous 2 2 0 0 2

Percent 0.7% 0.6% 0.0% 0.0% 0.7%

Directional 23 25 70 -2 -47 -8.0% -67.1%
Horizontal 271 285 862 -14 -591 -4.9% -68.6%
Vertical 7 8 52 -1 -45 -12.5% -86.5%
Gulf of Mexico 12 12 23 0 -11 0.0% -47.8%
Gulf Oil 12 12 20 0 -8 0.0% -40.0%
Percent 100.0% 100.0% 87.0% 0.0% 13.0%

Gulf Gas 0 0 3 0 -3 n.a. -100.0%
Percent 0.0% 0.0% 13.0% 0.0% -13.0%

Canada 20 21 85 (1) (65) -4.8% -76.5%
Oil 7 8 44 (1) (37) -12.5% -84.1%
Percent 35.0% 38.1% 51.8% -3.1% -16.8%

Gas 13 13 41 0 (28) 0.0% -68.3%
Percent 65.0% 61.9% 48.2% 3.1% 16.8%

North America 321 339 1,069 (18) (748) -5.3% -70.0%
Prices






Oil $/bbl. $33.58 $33.25 $56.99 $0.33 ($23.41) 1.0% -41.1%
Oil $/mmbtu $5.79 $5.73 $9.83 $0.06 ($4.04) 1.0% -41.1%
Gas $/mmbtu $1.84 $1.77 $2.55 $0.07 ($0.71) 4.0% -28.0%

Monthly: International Rig Counts

International rig count, which excludes the US and Canada, is up 12 to 1,039 for the month of March 2019 and is 67 rigs (6.9%) higher than last year's 972 rigs.

The number of rotary rigs targeting oil in March was 824 up 7 from February and is 71 (9.4%) higher than last year. International gas rigs were up 2 for the month at 187 and are 1 higher than last year. Miscellaneous or unclassified rigs at 28 are up 3 for the month and are 5 lower than last year.

International Rig Count
Monthly
Annual


Mar-2019 Feb-2019 Mar-2018 Change Percent Change Percent
Total Oil 824 817 753 7 0.9% 71 9.4%

Gas 187 185 186 2 1.1% 1 0.5%

Misc 28 25 33 3 12.0% -5 -15.2%

Total 1039 1027 972 12 1.2% 67 6.9%
Europe Oil 65 64 55 1 1.6% 10 18.2%

Gas 18 19 16 -1 -5.3% 2 12.5%

Mis 12 11 18 1 9.1% -6 -33.3%

Total 95 94 89 1 1.1% 6 6.7%
Middle East Oil 309 317 301 -8 -2.5% 8 2.7%

Gas 86 81 96 5 6.2% -10 -10.4%

Mis 0 0 0 0 N.A. 0 N.A.

Total 395 398 397 -3 -0.8% -2 -0.5%
Africa Oil 104 91 67 13 14.3% 37 55.2%

Gas 14 14 15 0 0.0% -1 -6.7%

Mis 9 8 7 1 12.5% 2 28.6%

Total 127 113 89 14 12.4% 38 42.7%
Latin America Oil 166 162 175 4 2.5% -9 -5.1%

Gas 22 20 18 2 10.0% 4 22.2%

Mis 0 0 0 0 N.A. 0 N.A.

Total 188 182 193 6 3.3% -5 -2.6%
Asia Pacific Oil 180 183 155 -3 -1.6% 25 16.1%

Gas 47 51 41 -4 -7.8% 6 14.6%

Mis 7 6 8 1 16.7% -1 -12.5%

Total 234 240 204 -6 -2.5% 30 14.7%

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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