Platts RigData: U.S. Rig Count Rose 8% Month-Over-Month in February

HOUSTON, March 6, 2017 /PRNewswire/ -- Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for February 2017 was 834, up 61 (8%) from January 2017, and up 245 (42%) from February 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs.

  • February U.S. land rig count: 791, up 58 from the previous month and up 264 from February 2016.
  • February U.S. inland waters and Gulf of Mexico (GOM) rig count: 43, up 3 from the previous month, and down 19 from February 2016.

Platts RigData U.S. Rig Counts






February 2017 Rig Counts

Previous Month Variance

Variance Year over Year


January 2017 Rig Counts

February 2016 Rig Counts

Colorado

31

1

12


30

19

Louisiana

39

6

14


33

25

New Mexico

46

6

23


40

23

North Dakota

36

0

-4


36

40

Oklahoma

114

8

34


106

80

Texas

398

31

150


367

248

Rest of U.S. Land

393

27

114


366

279

U.S. Land Subtotal

791

58

264


733

527

U.S. Inland Waters

9

3

-1


6

10

U.S. Gulf of Mexico

34

0

-18


34

52

U.S. Inland and GOM

43

3

-19


40

62

Total U.S. Rig Count

834

61

245


773

589



8%

42%




S&P Global Platts (Platts) is the leading independent provider of information and benchmark prices for the commodities and energy markets. Platts acquired RigData, a provider of daily information on rig activity for the natural gas and oil markets across North America, on June 1, 2016.

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SOURCE S&P Global Platts

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