Press Releases
HOUSTON, Dec. 8, 2017 /PRNewswire/ -- S&P Global Platts Analytics, today announced the U.S. rig count for November 2017 was 1,053, up 20 (+2%) from October 2017, and up 373 (+55%) from November 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs.
- November U.S. land rig count: 1,016, up 22 (+2%) from the previous month and up 374 (+58%) from November 2016
- November U.S. inland waters and Gulf of Mexico rig count: 37, down 2 (-5%) from the previous month and down 1 (-3%) from November 2016
"November's rig count, up 2% versus October's level, is unseasonably strong, given that the holidays typically create some slack in the rig count," said S&P Global Platts Senior Industry Analyst Trey Cowan. "The fact that it was better than the prior month is a nod to the stronger oil and natural gas prices of late."
|
S&P Global Platts U.S. Rig Counts |
||||||||
|
November |
October |
Month |
% |
November |
Variance |
YOY % | ||
|
Colorado |
42 |
40 |
2 |
5% |
22 |
20 |
91% | |
|
Louisiana |
52 |
48 |
4 |
8% |
31 |
21 |
68% | |
|
New Mexico |
72 |
71 |
1 |
1% |
32 |
40 |
125% | |
|
North Dakota |
50 |
52 |
-2 |
-4% |
36 |
14 |
39% | |
|
Oklahoma |
125 |
127 |
-2 |
-2% |
88 |
37 |
42% | |
|
Texas |
491 |
480 |
11 |
2% |
304 |
187 |
62% | |
|
Rest of U.S. Land |
184 |
176 |
8 |
5% |
129 |
55 |
43% | |
|
U.S. Land Subtotal |
1016 |
994 |
22 |
2% |
642 |
374 |
58% | |
|
U.S. Inland Waters |
6 |
8 |
-2 |
-25% |
7 |
-1 |
-14% | |
|
U.S. Gulf of Mexico (GOM) |
31 |
31 |
0 |
0% |
31 |
0 |
0% | |
|
U.S. Inland and GOM |
37 |
39 |
-2 |
-5% |
38 |
-1 |
-3% | |
|
Total U.S. Rig Count |
1,053 |
1,033 |
20 |
2% |
680 |
373 |
55% | |
CONTACT
Kathleen Tanzy, + 1 917 331 4607, kathleen.tanzy@spglobal.com
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SOURCE S&P Global Platts