Press Releases
HOUSTON, April 9, 2018 /PRNewswire/ -- S&P Global Platts Analytics today announced the U.S. rig count for March 2018 was 1,095, up 18 (+2%) from February 2018, and up 194 (+22%) from March 2017. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs.
- March U.S. land rig count: 1,053, up 17 (+2%) from the previous month and up 201 (+24%) from March 2017
- March U.S. inland waters and Gulf of Mexico rig count: 42, up 1 (+2%) from the previous month and down 7 (-14%) from March 2017
"We're seeing solid sequential gains in the month-to-month rig count," said S&P Global Platts Senior Industry Analyst Trey Cowan. "The bulk of the land-rig improvement was from increased drilling in Texas. A further breakout of the growth factors shows that the Permian Basin accounted for half the growth, with the remainder comprised of additional East Texas and South Texas drilling."
|
S&P Global Platts U.S. Rig Counts |
||||||||
|
Mar |
Feb |
Month |
% |
Mar |
Variance |
YOY % | ||
|
Colorado |
30 |
32 |
-2 |
-6% |
31 |
-1 |
-3% | |
|
Louisiana |
44 |
47 |
-3 |
-6% |
40 |
4 |
10% | |
|
New Mexico |
86 |
90 |
-4 |
-4% |
48 |
38 |
79% | |
|
North Dakota |
54 |
51 |
3 |
6% |
43 |
11 |
26% | |
|
Oklahoma |
138 |
133 |
5 |
4% |
124 |
14 |
11% | |
|
Texas |
531 |
511 |
20 |
4% |
435 |
96 |
22% | |
|
Rest of U.S. Land |
170 |
172 |
-2 |
-1% |
131 |
39 |
30% | |
|
U.S. Land Subtotal |
1,053 |
1,036 |
17 |
2% |
852 |
201 |
24% | |
|
U.S. Inland Waters |
8 |
6 |
2 |
33% |
15 |
-7 |
-47% | |
|
U.S. Gulf of Mexico |
34 |
35 |
-1 |
-3% |
34 |
0 |
0% | |
|
U.S. Inland and Gulf of Mexico |
42 |
41 |
1 |
2% |
49 |
-7 |
-14% | |
|
Total U.S. Rig Count |
1,095 |
1,077 |
18 |
2% |
901 |
194 |
22% | |
CONTACT
Kathleen Tanzy, + 1 917 331 4607, kathleen.tanzy@spglobal.com
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SOURCE S&P Global Platts