Press Releases
HOUSTON, Aug. 3, 2017 /PRNewswire/ -- Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for July 2017 was 1,068, up 13 (1%) from June 2017, and up 548 (105%) from July 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs.
Year to date the rig count has climbed a strong 51%, but the pace of growth has slowed from an average monthly sequential improvement of 8% in Q1 to 5% in Q2 to just 1% in the beginning of Q3.
- July U.S. land rig count: 1,024, up 15 (1%) from the previous month and up 550 (116%) from July 2016.
- July U.S. inland waters and Gulf of Mexico rig count: 44, down 2 (-4%) from the previous month and down 2 (-4%) from July 2016.
|
Platts RigData U.S. Rig Counts |
|||||||||
|
July 2017 |
June 2017 |
Month over Month Change |
% Change |
July 2016 |
Year over Year (YOY) Variance |
YOY % Variance | |||
|
Colorado |
44 |
41 |
3 |
7% |
19 |
25 |
132% | ||
|
Louisiana |
49 |
50 |
-1 |
-2% |
25 |
24 |
96% | ||
|
New Mexico |
59 |
60 |
-1 |
-2% |
27 |
32 |
119% | ||
|
North Dakota |
54 |
53 |
1 |
2% |
29 |
25 |
86% | ||
|
Oklahoma |
143 |
141 |
2 |
1% |
61 |
82 |
134% | ||
|
Texas |
500 |
500 |
0 |
0% |
231 |
269 |
116% | ||
|
Rest of U.S. Land |
175 |
164 |
11 |
7% |
82 |
93 |
113% | ||
|
U.S. Land Subtotal |
1024 |
1009 |
15 |
1% |
474 |
550 |
116% | ||
|
U.S. Inland Waters |
11 |
11 |
0 |
0% |
10 |
1 |
10% | ||
|
U.S. Gulf of Mexico |
33 |
35 |
-2 |
-6% |
36 |
-3 |
-8% | ||
|
U.S. Inland and Gulf of Mexico |
44 |
46 |
-2 |
-4% |
46 |
-2 |
-4% | ||
|
Total U.S. Rig Count |
1,068 |
1,055 |
13 |
1% |
520 |
548 |
105% | ||
CONTACT
Kathleen Tanzy, + 1 917 331 4607, kathleen.tanzy@spglobal.com
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SOURCE S&P Global Platts