For weekly graphs go to the Weekly Rotary Rig Count page. North American Workover Rig Count . International Rotary Rig Counts International Rotary Rig Count Table Oil & Gas Split Graphic Overview Short Term - Land/Offshore graphs & table Long Term - Land/Offshore graphs & table International Rotary Rig Count Table - Oil, gas, onshore, offshore, total rig count by region International Rotary Rig Count by target: Oil and Gas Worldwide Rotary Rig Count Graphs - Short and long term graphs of total rig count. International Land and Offshore Rotary Rig Count - Short Term - Graphs & table of land and offshore. A Rig Count is a tally process of active or inactive rigs. This tally process is conducted by petroleum manufacturing organizations as well as State legislators. A Rig Count helps in collecting data that helps in analyzing several factors and indicating the status of drilling activities. Rig counts have long been used to assess the overall health of the oil and gas industry and predict future production. In fact, traditional rig counts, which have been released on Friday afternoons since 1944, are so widely read and analyzed by financial traders and investors that they can move markets.
In depth view into US Oil Rig Count including historical data from 1987, charts and Report: Baker Hughes North American Rotary Rig Count; Source: Baker 6 Mar 2020 The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. When drilling rigs are active they
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This counting process of drilling rigs can also provide an insight to data such as the type and volume of oil or gas produced, well depth, production, drilling costs The U.S. rotary rig count from Baker Hughes was down 6 at 898 for the week of September 6. It is 150 rigs (14.3%) lower than last year. The number of rotary rigs drilling for oil is down 4 to 738. There are 122 fewer rigs targeting oil than last year. Rigs drilling for oil are 82.12 percent of all drilling activity.
For a better long term perspective on North American drilling activity check out the long term graphs on the Rotary Rig Count page. North American Workover Rig Count International Rotary Rig Counts International Rotary Rig Count Table Oil & Gas Split Graphic Overview Short Term - Land/Offshore graphs & table US Rig Count, displays the number of active drilling rigs throughout the United States. The indicator is closely watched as a precursor to oil production in the US oil and gas production industry. The Baker Hughes International Rotary Rig Count is a monthly census of active drilling rigs exploring for or developing oil or natural gas outside North America (U.S. and Canada). The Baker Hughes International Rotary Rig Count does not include rigs drilling in Russia, the Caspian region, Iran, Sudan,