historical offshore rig count Rig Count. Click "Clear" or deselect to remove filter. It is an important procedure as it helps to get an insight of the active number of drilling rigs that are installed on both offshore and onshore sites. Commercial, cost and specification data for the worldwide offshore rig fleet World Rig Forecast Monthly round-up of commercial data and market intelligence on the global offshore rig market Morgan Stanley had forecast, based on historical patterns, that the rig count would bottom approximately 25 weeks from when producers started taking rigs offline. The net loss includes The international offshore rig count for April 2019 was 251, up 4 from the 247 counted in March 2019, and up 57 from the 194 counted in April 2018. OilStat. The BHGE estimate is monthly. ca • 403 264 4311 America’s first established offshore oil well site ended up producing for 25 years. Baker Hughes initiated the monthly international rig count in 1975. The international offshore rig count for September 2019 was 242, down 2 from the 244 counted in August 2019, and up 38 from the 204 counted in September 2018. What is happening in the Gulf is consistent with what is happening with offshore activity worldwide, as the oil price collapse after Saudi Arabia and Russia failed to agree to extend the OPEC+ oil production cuts collapsed oil prices. This is the steepest decline in the offshore rig count since June 2010. Baker Hughes released its latest US rig count numbers on Friday, 31 March, showing an increase of four units over week ago… BP to sell Forties Pipeline assets Israel’s Delek Drilling is in talks to sell its stake in the offshore natural gas field for up to $1. offshore-rig count rose by one to 24. rig count surged 13 units higher to 430 during the holiday-shortened week ended Thursday (April 1), according to data published by Baker Neither are barge-mounted or offshore mobile floating rigs. The total US rig count, which on Friday stood at 476, is now at its lowest point ever in the 67-year history of the Baker Hughes numbers, according to data released by the oilfield service company. The rig count is a weekly census of drilling rigs operating around the world (with the exception of the Former Soviet Union and mainland China) compiled by Baker Hughes, a major oil services company. S. The average U. The international offshore rig count for February 2020 was 245, unchanged from the 245 counted in January 2020, and down 5 from the 250 counted in February 2019. With activity ramping up on land and offshore, the U. Asia Pacific and Latin America • RigCube (Rig Supply & Demand Database): Insights into historical and forecasted global rig supply and demand • Rig Analytics: Expert analysis, reports and insights into the offshore rig market • WellCube: (Global Well Database): Global coverage of wells drilled with detailed well characteristics, built field-by-field Just one gas rig left fields, leaving 110 operational. Arkansas, Louisiana, Mississippi and Texas RRC Dist. The average U. RIGZONE Offshore rig data and The international offshore rig count for July 2020 was 183, down 11 from the 194 counted in June 2020, and down 72 from the 255 counted in July 2019. (42) : 5 Mar 2021 : US oil, gas rig count leaps 30 to 491 on week, as oil prices The international offshore rig count for September 2019 was 242, down 2 from the 244 counted in August 2019, and up 38 from the 204 counted in September 2018. EST, Baker Hughes releases the North American rig count report. Baker Hughes has been counting oil rigs since 1944. S. S. Baker Hughes Rig Count: Canada -12 rigs to 69 rigs. Understanding activity in the upstream oil and gas markets goes beyond just tracking rig counts. Rig Count Maps site. S. 1, 2, 3, 4. S. Table 1 Historic al contempora neous correl ations betwe en changes in Global total liquids production hit yet another record high of 98. rig count for July 2019 was 955, down 14 from the 969 counted in June 2019, and down 95 from the 1,050 counted in July 2018. S. S. (Courtesy TOFCO) New report sees rig contract market reviving in 2017 A Rig Count is an official listing of all the oil and gas rigs that are operational at a certain location. 4% -30. Looking specifically at the western United States, here’s how the February 2009 rig counts compare to those of one year earlier: Colorado &ndash down 48. S. com). Historical Competitive Offshore Rig Utilization by Rig Type Below is the breakdown of rig utilization by rig types for each time period indicated. Data made available by Baker Hughes. :hhno\ 5lj &rxqw 8sgdwh $su *xoi ri 0h[lfr *20 7klv lqfoxghv wrwdo 86 *20 ihghudo 2&6 dqg erughulqj vwdwhv riivkruh uljv 7klv :hhn /dvw :hhn 7klv :hhn &kdqjh iurp 3 days Offshore wind in the USA. Analysis PUBLISHED - Mar 2, 2021 The average number of active drilling rigs in February 2021 was 112, decreasing by 48 (-30. Switzerland based Transocean Ltd is the world's leading offshore drilling contractor within the energy equipment and To use the portal capability of this map in order call-up historical rig count charts and current drilling activity maps for the main US shale areas, click on the blue spheres on the 3D map, and on the resulting pop-up, click the hi-lighted links. Oil prices were up less than 1% at $55. Rig Count, Oil Stocks: Your Daily Energy News Industry Segment: Production | Word Count: 1 Words We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy . He helped us track the industry for years. Hughes initiated the monthly international rig count in 1975. If this ratio holds, the 174 rigs added over the past four months could be expected to add 870,000 barrels per day to U. HEADLINES OF INTEREST 118,500 Oil & Gas Wells To Be Drilled Worldwide Through 2022 Meanwhile, the global fleet of rigs remained flat for the last three months, hanging steady at a total supply of 758. Advanced search allows users to search the entire offshore rig fleet for units by the rig name, year built, rig manager name, max water depth (ft), rig type, status of the rig, current country, current operating How To Search & Count Oil & Gas Rigs on Map: Discuss Oil & Gas Drilling Rig Count Issues Green Dots = Oil & Gas Drilling Locations Click on Search Button on Map & Enter "Name=Oil" & Select "State=?" More Advance Search Capabilities Are Available Upon Email Request Make Sure To Expand Search Size Past 200 Detailed Video Instructions The Baker Hughes rig count is an important business barometer for the oil drilling industry. S. In addition to the location and operational status of each rig, the count provides insight into the number of offshore and onshore active drilling rigs. The report tracks onshore and offshore natural gas and oil drilling rig counts in the United States and Canada. Source: American Oil & Gas Historical Society. About the Baker Hughes Drilling Rig Count Report . Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944 when Hughes Tool Company began weekly counts of U. S. rig count, meanwhile, decreased by 6 to 969, according to Baker Hughes. The full version allows you to generate and save different scenarios about how the rig count may evolve in the coming months and years. July 2, 2020 Business Wire Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for June 2020 was 781 down 24 from the 805 counted in May 2020, and down 357 from the 1,138 counted in June 2019. rotary rig counts. rig count for October 2018 was 1,062, up 9 from the 1,053 counted in September 2018, and up 140 from the 922 counted in October 2017. Arkansas’ rig count remained at zero from January through March as the oil and gas industry continue to shed jobs across the board. The majority of exploration activity is currently taking place in water depths greater than 500 feet. The U. The average U. In 2011 was the last time the continent’s total rig count had fallen to 61. 3%: Total : 665 : 669 : 1104 -4 -439 -0. Date AB BC SK Oil Gas Other Product Drilling Total The CAODC (Canadian Association of Oilwell Drilling Contractors) Rig Count tallies all currently active rotary drilling rigs in Western Canada, drilling for either oil or natural gas. The Baker Hughes rig counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas. By 1911, another significant historical event took place for offshore US oil rigs. The U. Other oil and natural has wells were drilled over lakes. S. Statistical data compiled consistently for 70 years are useful both in the current assessment of the industry state and in general historical analysis. rig count for May 2020 was 348, This report contains current and historical information on North American rigs, including comparisons by date and by state. Forecast analysis is based on a demand model that operates on a regional level. This page provides - United States Crude Oil Rigs- actual values, historical data, forecast, chart, statistics, economic calendar and news. 01 a barrel in afternoon trading Friday. U. Note to editor: As of June 07, 2019, Ukraine was added to the Baker Hughes International Rig Count report and is reflected in the Europe count. 9% -30. rig count was 4,530 (December 1981); the lowest count was 488 just two years earlier. 4, 2009. Precipitated by the steep decline in global oil prices, the non-OPEC* active rig count fell in June to a new multi-year low at roughly 1,600 rigs, a 46 percent decrease since the end of 2014. and Canadian drilling activity. Wyoming – down 23. DOWNLOAD Number of Elements U. Demand methodology. 00 one year ago. Arkansas, Louisiana, Mississippi and Texas RRC Dist. We believe that in the near-term, shale oil and OPEC production will be enough to balance demand growth. S. The average U. S. Historical onshore rig counts outside the North American region are based primarily on data sourced from Baker Hughes, a GE Company. 1, 2, 3, 4. A company's rig utilization rate The total active U. Transocean (NYSE:RIG), the largest offshore driller, faced significant headwinds over the last 4 years as the downturn in the oil market reduced demand for high-cost, long-lifecycle offshore projects. Texas’ offshore rig count is two, down one. S. The international offshore rig count for June 2020 was 194, down 1 from the Read more Baker Hughes announces June 2020 rig counts – See How the U. New Mexico – down 29. It added the U. The average U. S. “The average Canadian rig count for June 2020 was 18, down 5 from the 23 counted in May 2020, and down 96 from the 114 counted in June 2019,” Baker Hughes states. 96 million, down 38. Montana – no change. Rig Operator Well Name and Number Current Location County File No API Start Date ** Next Location; H & P 515: PETRO-HUNT, L. 16, was the first offshore rig in the Gulf of Mexico that drilled for oil out of sight of land. Baker Hughes initiated the monthly international rig count in 1975. As recently as 1947, no offshore drilling company had ever drilled out of sight of land. Delek owns a 22% stake in Tamar, one of Israel’s main energy sources, which it is required to sell by the end of the year under a The worldwide offshore rig count in September 2019 decreased by four units sequentially, but increased by 43 units year-over-year, according to reports by Baker Hughes, a GE company. When I look at the recent Baker-Hughes rig count numbers (-75% drop since 2014 highs) vs the most recent EIA production numbers (-12% drop since 2015 highs), I tug on my beard. The North American rig count is released weekly at noon central time on the Note the correlation between rig count and spot oil price (price data from BP Statistical Review of World Energy, 2017 and OPEC 2017). However, with the increase in oil prices, rig count activity has rebounded nicely especially in the Permian basin. CAODC Members are required to enter daily (Drilling Members) and monthly (Drilling and Service Rig Members) as a condition of membership. L. 1, 2, 3, 4. The average U. rig count fell by five, according to the Baker Hughes rig count, bringing the nation's total number of operating rigs to 817, more than 200 fewer rigs than the same week a year ago. The international offshore rig count for October 2019 was 242, unchanged from September 2019, and up 35 from the 207 counted in October 2018. The U. When drilling rigs are active they consume products and services produced by the oil service industry. Baker Hughes Announces August 2020 Rig Counts From the Oil Patch gives weekly updates on U. S. Offshore Rig Count is up 2 to 14, down 4 year-over-year. Canada Rig Count is down 12 from last week to 69, with oil rigs down 7 to 24, gas rigs down 5 to 45. rig count for July 2020 was 255, down 19 from the 274 counted in June 2020, and down 700 from the 955 counted in July 2019. , 5, 6, inland, offshore Baker Hughes Rig Count. The international offshore rig count for June 2020 was 194, down 1 from the 195 counted in May 2020, and down 52 from the 246 counted in June 2019. offshore Gulf of Mexico drilling rigs. The international offshore rig count for June 2019 was 246, up 6 from the 240 counted in May 2019, and up 51 from the 195 counted in June 2018. The North America land market has been the hardest-hit, with its active rig count dropping to 398. The oil rig count is 318 rigs, and the gas rig count is 92. International Land and Offshore Rotary Rig Count - Short Term - Graphs & table of land and offshore. 5% -39. However, the U. S. Oil rigs are down 346, and gas rigs are down 14 compared to the March 2020 counts. This addition is not reflected in historical New offshore drilling project investments by Petrobras and nearly all other oil companies around the world have fallen to historical lows. New Mexico had 16 active rigs this week, down three. 96 from 1987 until 2021, reaching an all time high of 1609 in October of 2014 and a record low of 98 in August of 1999. The information provided and much more data on the offshore rig fleet can be sourced via the IHS Markit proprietary offshore rigs information products, Crude Oil Rigs in the United States averaged 499. The Permian rig count hand been lingering between 470 and 480 since end-May, as producers have slowed drilling activity because of tight takeaway capacity. Canada Rig Count is down 12 from last week to 69, with oil rigs down 7 to 24, gas rigs down 5 to 45. Baker Hughes splits its rig counts into international and North America rig counts, which combined make the worldwide rig count. One year ago, the total active rig count was 772. Last year, the U. Natural Gas Rig Count: The natural gas rig count decreased for the fourteenth time in 16 weeks to 495 (a drop of 3 rigs from the previous week). In February, severance tax revenue fell to the lowest level in fiscal 2016 as the tax collected on marketed natural gas sales fell to $1. output, on average, about four months (17 weeks) later. Marketed contracted reflects all marketed rigs that have a contract in place. 00% from last week and -31. H&P's offshore rig fleet operates on both conventional jacket style platforms, and floating platforms attached to the sea floor with mooring lines, such as TLPs and Spars. 22 Offshore March 2017 • www. Rig Count: Rotary Rig Count and Workover Rig Count Total US rigs climbed by 13 to 1,057. data that begins in the 1940s, and perhaps since the infancy of US oil and gas industry in the mid-19 th century Brazil Offshore Rig Counts. is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 15 offshore drilling rigs, consisting of 11 semisubmersibles and four dynamically positioned drillships. Breaking it down by regions, Latin America lost one offshore rig during December 2018, which totaled 27 rigs, compared to the November count but gained one compared to December 2017. Global rig demand in the census period has fallen by 82% from its peak in 2014. US Offshore Rig Count is at a current level of 13. Baker Hughes has issued rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of the US and Canadian drilling activity (photo: Baker Hughes) Baker Hughes, a GE company has announced that the Baker Hughes international rig count for August 2019 was 1,138, down 24 from the 1,162 counted in July 2019, and up 130 from the 1,008 counted in August 2018. At the same time, the number of rigs working experienced a four-rig increase, rising from 403 in March to 407 in April. As a result, rig utilization had a very slight increase from 57. 24 Mbpd in November led by OPEC and Russia! Libya’s drive to restore production is a significant factor with production up 280,000 bpd from recent lows. BHI no longer publishes this data. IHS Markit can provide current and historical day rates for all offshore rig categories worldwide. West Texas Intermediate futures rose 1. Hurinenko 144-98-2B-11-1HS: LOT1 3-144N-98W: BIL: 38181: 33007019250000: 3/26/2021: Undetermined: H & P 456: CONTINENTAL RESOURCES, INC. The U. rig count is still 114 more than a year ago when the count was 936. – Average increase in contracted rig count: 24% • During the same period there has been six major downcycles – Average decrease in contracted rig count: 21% – Most recent downcycle was particularly severe, with contracted rig count declining 38% • Expect offshore recovery to be protracted and phased – Current contracted rig count ~3% Rig Utilization Rate: A ratio used in the oil services industry that measures the amount of rigs being used as a total percentage of a company's entire fleet. NIGERIA’s offshore rig count from June till September has reduced to seven from 11 recorded as at end first half 2016, H1’16, indicating that four rigs were shut down in third quarter, Q3’16 Rig Number Rig Type Horsepower, hp Hookload, lbm (thousands) Mast Type Rig 171 Mech 750 400 Double Rig 172 Mech 700 400 Double Rig 300 A/C 1,500 750 Double Rig 402 A/C 2,000 1,000 Triple Rig 403 A/C 2,000 1,000 Triple Rig 601 A/C 1,500 750 Triple Rig 602 A/C 1,500 750 Triple United States 23400 Colonial Parkway Katy, Texas, 77493, USA Rig 601 4 Since 1940 the highest weekly U. July West Texas Intermediate crude cln9 held onto its gains, up 43 cents, or 0. International Rotary Rig Count : Change : Percent Change : December 2020 : November 2020 : December 2019 : Monthly : Annual : Monthly : Annual: Foreign : Land : 509 : 509 : 847 : 0 -338 : 0. S. Baker Hughes Rig Count: Canada -12 rigs to 69 rigs. since the US rig count has fallen to an all time low due to the lower prices, it’s an opportune time to compare the historical US rig count to that of the Saudis . Baker Hughes Rig Counts are published by major newspapers and trade publications, are referred to frequently by journalists, economists, security analysts and government officials, and are included in many Historical MODU Dayrates The graphs on this page are updated daily and provide a global overview of mobile offshore drilling unit dayrates and rig counts. The North American rig count is released weekly and the international rig count monthly. March 2021 Rig Count by State U. The U. and Canadian drilling activity. The world’s deepest platform is currently the Perdido Spar in the Gulf of Mexico, floating in 2,438 meters of water. The international offshore rig count for November 2019 was 247, up 5 from the 242 counted in October 2019, and up 41 from the 206 counted in November 2018. S. S. rig count for January 2013 was 1,757, down 27 from the 1,784 counted in December 2012 and down 246 from the 2,003 counted in January 2012. Worldwide Coiled Tubing Unit Count 1999 -2017 Compiled by Kenny Newman for ICoTA Unless otherwise specifically stated, the CT Rig Count data is made available to the public by ICoTA. Plus, historical data for trend Baker Hughes Rig Count: U. The user can modify their search at any time to alter the output of the rig search to provide them with the list of rigs required. S. S. Offshore Rig Count is up 2 to 14, down 4 year-over-year. In Canada, there were 155 active land rigs during the census period, an increase of 65% over last year’s 94 units. Workover Rig Count. m. The U. Gareth Hector. Worldwide offshore rig count and utilization rate July 2017 – June 2019 Notes: Rig types included are jackups, semis, and drillships Louisiana Offshore Rig Count is at a current level of 10. Recent rig count data suggests that there are no big moves over or under for offshore rig counts from February through end of March 2017. The total number of jackups, semis, and drillships under contract made a smaller jump this month up to 442 rigs, which is an increase of two units from last month. rig count for August 2020 was 250, down 5 from the 255 counted in July 2020, and down 679 from the 926 counted in August 2019. As per the most recent report, the number of Figure 2 The International oil rig count (excluding N America) has begun to fall and this will inevitably lead to declining oil production. As new technologies and drilling methods continue to produce better results on a well-by-well basis, you need to understand trends in permits, locational data, as well as rigs to have the most complete view of the market. Nevertheless, fleet utilization in both countries remain below normal at 46% (US) and 24% (Canada). The international Of the 35 rigs idled during the week, 23 were in Texas, where the rig count fell to 150. The international offshore rig count for July 2019 was 255, up 9 from the 246 counted in June 2019, and up 38 from the 217 counted in July 2018. S. and Canadian drilling activity. By comparison, the monthly international rig count began in 1975. A. S. rig count for June 2012 was 1,972 rigs, down 5 from the 1,977 counted in May 2012 and up 109 from the 1,863 counted in June 2011. The average U. The average U. 00 last week and down from 19. The U. In the early years of this century, the Gulf rig count was consistently 10-13 times greater, and in the boom days of the 1970s, the offshore rig count was well above 200. S. The rig count tables below include all jackups, semi-submersibles, and drillships. S. Baker Hughes, a GE company announced that the Baker Hughes international rig count for September 2019 was 1,131, down 7 from the 1,138 counted in August 2019, and up 127 from the 1,004 counted in September 2018. Offshore Rig Day Rate Trend Coverage. This is a change of -9. By continuing to use the website, we understand that you accept their use. The rig count in the Permian Basin was down 23 this week, the latest count Friday by Baker Hughes shows, with 175 rigs active in the region. 44% from one year ago The active rig count acts as a leading indicator of demand for products used in drilling, completing, producing and processing hydrocarbons. Annual Meeting 2021 Baker Hughes and Horisont Energi Sign MoU for Groundbreaking Offshore Barents Sea Carbon Capture, Transport and Storage Project Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for August 2020 was 747 up 4 from the 743 counted in July 2020, and down 391 from the 1,138 counted in August Global rig demand has fallen to lowest point in census history, dating to 1955; North America has been hardest-hit, with Permian utilization at just 26% FIGURE 1 (LEFT): The US available fleet, both land and offshore, had a net decrease of 21 rigs for a total of 1,939 available rigs. The average U. rig count is up 13 from last week to 430 with oil rigs up 13 to 337 gas rigs down one to 91, and miscellaneous rigs up one rig to two, according to Baker Hughes. S. The international offshore rig count for January 2020 was 245, down 12 from the 257 counted in December 2019, and up 3 from the 242 counted in January 2019. S. The worldwide offshore rig count in April 2020 dropped 28 rigs year-over-year and 19 rigs sequentially, according to rig count reports by Baker Hughes. Baker Hughes North American Rotary Rig Count. As of June, 2010, there were over 620 mobile offshore drilling rigs (Jackups, semisubs, drillships, barges) available for service in the competitive rig fleet. 9 billion on its oil rigs (Reuters). Since July 2009, the rig count has climbed steadily, reaching 391 in late May of this year. The average U. Each Friday, at 1:00 p. S. The average U. Bassoe Analytics Offshore Rig Database. As Schlumberger pointed out in a presentation in March, reserves are being depleted at rates nearing 20% in regions such as the US Gulf of Mexico and the North Sea. S. This caused average monthly rig counts to decline U. Subsea The Subsea offerings include a quarterly global market analysis, market trend data and an online Spotfire tool that allows users to cut, visualize and Rig Count. and Canadian drilling activity. Offshore rigs, including jack-ups, drill ships, semi-submersibles, tenders, barges and platform-based units, covered. S. rig count for August 2020 was 250, down 5 from the 255 counted in July 2020, and down 679 from the 926 counted in August 2019. , 5, 6, inland, offshore The international offshore rig count for March 2019 was 247, down 3 from the 250 counted in February 2019, and up 62 from the 185 counted in February 2018. S. S. GOM active offshore rig count recovered to 57 by December 2014, and currently the number is 33, according to the EIA. rig count for June 2020 was 274, down 74 from the 348 counted in May 2020, and down 695 from the 969 counted in June 2019. S. The North American rig count is released weekly at noon central time on the last day of the work week. offshore petroleum industry began with a California pier in 1896. Interactive: Select item(s) to view Rig Count Breakdown. The average U. Energy Information Administration U. rig count for January 2020 was 791, down 13 from the 804 counted in December 2019 , and down 274 from the 1,065 counted in January 2019 . 58% from one year ago. 420. HOUSTON & LONDON--(BUSINESS WIRE)-- Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for October 2019 was 1,130, down 1 from the 1,131 counted in Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support The national rig count, according to Baker Hughes data, has fallen more than 70% since the end of August 2019, from 876 to 241, and COVID-19 will likely prevent a quick recovery. U. S. 00, unchanged from 13. 00 last week and down from 18. C. oil and gas rig count, an early indicator of future output, fell to a record low for a seventh week in a row, dropping by 13 to 266 in the week to June 19, according to data from energy The average U. A year ago this week, there were 380 rigs in Texas and 46 in New Mexico. com only shows the last six months of daily rig counts, customers can access historical data via DI Rig Analytics. In the last year The international rig count for May reached 1,126, up 64 units from 1,062 in April and up 159 units from 967 in May 2018, according to Baker Hughes data (OGJ Online, May 7, 2019). The international offshore rig count for December 2019 was 257, up 10 from the 247 counted in November 2019, and up 23 from the 234 counted in December 2018. S. A year ago, 454 rigs were active in the region. offshore-rig count rose 2 rigs from last week to 21, down one rig year over year. (39) : 6 Mar 2021 : Canadas weekly rig count drops 5 to 172 (boereport. October 08, 2019. Smith Tools rig counts. rig count for November 2019 was 810, down 38 from the 848 counted in October 2019, and down 267 from the 1,077 counted in November 2018. 8%: Total : 97 : 102 : 139 -5 The record, set in 1971, is a decline of 74 percent after a fifteen-year slide to 814 rigs. rig count fell to 402 this week after the industry pulled one offshore rig in the Gulf of Mexico, according to oil-field services company Baker Hughes and research firm Enverus, which ReedHycalog Annual Rig Census shows US rig fleet nears 2,300, global offshore fleet at 654 THE HIGH OIL and gas prices that the world saw in 2005 continued into 2006, bringing increases in most rig fleet categories and regions and spurring rig owners to mobilize additional units, according to the 53rd ReedHycalog Annual Rig Census. Hughes initiated the monthly international rig count in 1975. Rig Counts, Shale Plays, Drilling Oil and Gas Investor Rig Market Trends: A Cautious Rigging Up. Oklahoma’s active rig count for the week ended Friday declined by six to 91, the lowest rig count for the state since 87 rigs were active for the week ended Dec. Baker Hughes has issued the rotary(*) rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of U. offshore-mag. User Benefits. S. Since the rig count began rising in May, the addition of one new rig has added a bit over 5,000 barrels per day to U. [ Want to know how global LNG demand impacts North American fundamentals? To find out, subscribe The international offshore rig count for May 2019 was 240, down 11 from the 251 counted in April 2019, and up 42 from the 198 counted in May 2018. Offshore Rig Basics Offshore exploration and development wells are often drilled from mobile offshore drilling units (MODUs, pronounced "moe-dooz"). S. 1%) from the previous month and up 60 (+6% The weekly oil rig count is down 24% from the same week a year ago when 816 rigs were active in the US. We are now past that period. The nation's gas-rig count fell by one to 172 in the past week, according to Baker Hughes. 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. April 1, 2021, 11:25 AM MDT. It now sits at the lowest point in census history, dating back to 1955. rig count for March 2019 was 1,023, down 26 from the 1,049 counted in February 2019, and up 34 from the 989 counted in March 2018. S. S. The US rig count has plummeted from 835 in early March, shedding more than 500 rigs in 11 weeks, or 60% of the total. Rig Counts are published by the major economic media and industry publications, and are included in many statistical reports. BHGE splits its rig counts into international and North America rig counts, which combined make the worldwide rig count. offshore rig count increased by two this week to 14 – compared to 18 a year ago. -No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. 8%: Europe : Land : 70 : 71 : 100 -1 -30 -1. The U. S. S. All Articles Energent North American Unconventionals Onshore Energy Services Westwood Insight. The average U. S. Therefore, operators must maintain equipment protection with the right applications. Rig Counts - Short and long term graphs of U. the graphic below, OilPrice Offshore rig counts have continued to slide over recent months, despite the recovery in oil prices, whereas the US onshore rig count keeps rising—albeit at a slower pace than seen in early 2017. The international offshore rig count for August 2020 was 184, up 1 from the 183 counted in July 2020, and down 60 from the 244 counted in August 2019. The average U. The international offshore rig count for November 2019 was 247, up 5 from the 242 counted in October 2019, and up 41 from the 206 counted in November 2018. Canada Rig Count is up 28 rigs from last year's count of 41, with oil rigs up 15, gas rigs up 13. , 5, 6, inland, offshore The March 19 th Baker Hughes rig count report shows 411 active drilling rigs in the US. This addition is not reflected in historical data. Arkansas, Louisiana, Mississippi and Texas RRC Dist. Rig Count Collapse Continues Despite Historic Global Oil Deal Canada’s overall rig count decreased by 6 rigs as well this week, to a total of just 35 Offshore rigs reached a marketed utilization rate of 76. The U. Crude Oil and Natural Gas Rotary Rigs in Operation U. 7% to 80, the Baker Hughes report showed. The overall weekly US rig count is now at its lowest point in Baker Hughes Inc. T. land rig count: 1,083, down 1 (-0. The offshore rig count in Asia-Pacific rose by 13% from a year earlier, while in Latin America the number increased 6. Canada Rig Count is up 28 rigs from last year's count of 41, with oil rigs up 15, gas rigs up 13. After a year of historic lows for drilling activity, rig count is slowly climbing up, indicating an improved activity outlook for 2021. With today’s count at about 1,212 and dropping, the sobering lesson offered by rig-count history is that Throughout the history of the survey, which began in 1982, in just three years – 1989, 1990 and 1991 – there were fewer rigs operating offshore. S. 4% in March to 57. S. S. com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province. With a 70-year history of active and inactive rig counts, Baker Hughes rig counts are reliable for historical analysis. S. com DRILLING & PRODUCTION Bruce Beaubouef • Houston. Canada Rig Count is down 12 from last week to 69, with oil rigs down 7 to 24, gas rigs down 5 to 45. 2% to $49. Canada Rig Count is up 28 rigs from last year's count of 41, with oil rigs up 15, gas rigs up 13. The decline in drilling will in fact be more pronounced than shown here since in offshore areas like the North Sea, rigs are on long-term contracts and companies are currently “stacking” these rigs. drilling rig count lowest since 1975 as shale boom fades By Joe Carroll and Kevin Crowley on 5/9/2020 An offshore drilling rig - Image by Mike Mareen - AdobeStock There were 270 offshore drilling rigs in the world actively drilling for oil and gas in February 2020, a slight increase compared to January 2020 (at 268), but also a slight dip versus February 2019 (at 272). The U. 9%: Offshore : 156 : 160 : 257 -4 -101 -2. The average Canadian rig count for June 2012 was This is happening at a time OPEC rig count decreased by 14, as it recorded 363 in September, as against 377 recorded in August, while global rig count reduced by 31, as it recorded 1,137 in Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for February 2020 was 1,085, up 7 from the 1,078 counted in January 2020, and up 58 from the 1,027 counted in February 2019. Rig Counts and Offshore Utilization Rates, as well as a round up of important industry news and key economic indicators. March 31, 2021 The offshore rig market continues its slow but steady improvement. 2019 - Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for October 2019 was 1,130, down 1 from the 1,131 counted in September 2019, and up 113 from the rapidly than at any other point in history. S. The international offshore rig count for August 2020 was 184, up 1 from the 183 counted in July 2020, and down 60 from the 244 counted in August 2019. onshore, U. Utilization numbers are based on a snapshot rig 1,114 of that 1,570 rig count decline in 2008 and 2009 came from the US alone. S. The deepwater portion of Gulf of Mexico has shown a continued increase in oil and gas exploration and development. The average U. . 1,150 +. S. The monthly international rig count was initiated in 1975. Although the data contained in this report has been collected from Plots of oil pr ice, rig count, rig pr oductivit y, oil log-ret urns, change in r ig count and change in ri g productiv ity. In turn, this helped spark significant growth for California’s economy at the turn of the 20 th century. Keep track of the current, historical and future status of the global offshore rig fleet. Offshore Rig Count is up 2 to 14, down 4 year-over-year. In 2018, the peaks of offshore drills operating in Brazil were recorded in February and July, when, on average, there were 11 rigs operating. Four rig dayrate graphs show ultra-deepwater (>7,499ft drillships and semisubs), deepwater (>4,000ft drillships and semisubs), midwater ( 4,000ft drillships and semisubs) and jackup dayrates Home > News > U. Rig numbers doubled between 2002 and 2008 in Wyoming, Utah, New Mexico, Montana, Colorado, and North Dakota, and reached a twenty-year high of 432 in November 2008. and Canada. 1 billion, financial news website Calcalist reported on Monday. Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U. We produce daily, weekly and monthly rig counts for members, and publish weekly and monthly rig counts for the public. This dashboard contains the historical horizontal rig count, and the projection visualizes what would happen if this number (as well as rig/well productivity) wouldn’t change. This app provides an interactive analysis of Baker Hughes U. The international offshore rig count for May 2020 was 195, down 33 from the 228 counted in April 2020, and down 45 from the 240 counted in May 2019. Report. Find U. Fleet utilization is 77. An API standard leader like MSI Pipe Protection Technologies is just the manufacturer to help you accomplish this goal. The Baker Hughes Rig Count is a count of the rigs that are presently active throughout the United States and Canada. Baker Hughes Rig Count: Canada -12 rigs to 69 rigs. Canada Rig Count is up 28 rigs from last year's count of 41, with oil rigs up 15, gas rigs up 13. Latest well count report for Q4 2019 shows current trends for last year with breakouts by regions, plays and basins. 09% from last week and -44. Up 13. Nationally, the count included a drop of 21 oil rigs to 852 while the gas rig count was four fewer at 198. This count demonstrates the necessary details such as the location of each rig and its functional status. Stacks Up Drillinginfo considers its historical rig count data to be complete from June 2014 onward. Offshore Rig Count is up 2 to 14, down 4 year-over-year. The offshore rig count is now 12 rigs shy of the four-year high of 66, which was reached on August 29, 2014. S. This rig count includes U. Service and Supply Active Rate Ends March On 16% Clip The international offshore rig count for June 2020 was 194, down 1 from the 195 counted in May 2020, and down 52 from the 246 counted in June 2019. Canada shed 12 rigs to end the week at 69 units, Baker Hughes continued. Historical Workover Rig Data - June 2007 back through 1999. Offshore rig count Last week, the offshore rig count remained unchanged at 54. Of the 35 rigs idled during the week, 23 were in Texas, where the rig count fell to 150. 6% -39. 8%, at $52. Fleet size is unchanged at 192 rigs. S. offshore-rig count is down two rigs from last week to 18, which is three fewer than a year ago. Includes depth. offshore producers expect eight new projects to come online in 2019, and four more are slated for 2020, according to Rystad Energy. S. 00 one year ago. 71 a barrel The U. Alberta drilling rigs (active and inactive). 0%: Offshore : 27 : 31 : 39 -4 -12 -12. 0%) from February 2020. RigWatch Pulse is a mobile data portal and reporting The number of mobile offshore drilling rigs under contract is unchanged from last week, according to Offshore Data Services' weekly mobile offshore rig count. GORDON FEDERAL 2-5H1: NESE 6-148N-97W: DUN: 36106: 33025037130000: 3/30/2021 The Baker Hughes Rig Count was established in 1944 when the Hughes Tool Company began taking weekly counts of active rigs in the U. This page should be dedicated to Ike Kerridge. US rig count, at 476, is lowest in 67 years of record-keeping: Baker Hughes. Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U. 1, 2, 3, 4. The North American rig count is released weekly and the international rig count monthly. 63 a Baker Hughes Announces July 2020 Rig Counts. T. 00, down from 11. That is entirely due to the Canadian Rig count. S. S. We can help you find the ideal rig for your project, regardless of geography, environmental conditions or water depth. Rigs engaged in offshore drilling inched up 1 to 50, while land operations and inland waters activity remained steady at 1,861 and 20 rigs, respectively. Baker Hughes Rig Count: Canada -12 rigs to 69 rigs. The region lost rigs from December 2008 through June 2009. S. Looking at the first graph up top, World Rig Count, you will see a strange saw tooth that bottoms out every April or May. 3 KB *Effective October 8, 2019, we are sunsetting the Interactive U. Baker Hughes Rig count data from the source. Crude Oil and Natural Gas Rotary Rigs in Operation 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 0 1,000 2,000 3,000 4,000 5,000 Source: U. The Permian Basin idled a similar 23 rigs, bringing the region’s rig count to 175. S. The rig count, a leading indicator of U. The nation’s offshore rig count fell by two to 19. In the US, onshore rig demand surged by 105% to 976 active units, compared with 476 in the previous year. The U. rig count for April 2019 was 1,012, down 11 from the 1,023 counted in March 2019, and up 1 from the 1,011 counted in April 2018. oil and gas production, has plunged more than 60 percent since mid-March after the coronavirus pandemic decimated crude demand and forced prices to – Average increase in contracted rig count: 24% • During the same period there has been six major downcycles – Average decrease in contracted rig count: 21% – Most recent downcycle was particularly severe, with contracted rig count declining 38% • Expect offshore recovery to be protracted and phased – Current contracted rig count ~5% The international offshore rig count for April 2007 was 294, up 11 from the 283 counted in March 2007 and up 25 from the 269 counted in April 2006. February U. com). The severity of the decline in drilling activity varies among countries and producing regions. rig count for May 2019 was 986, down 26 from the 1,012 counted in April 2019, and down 60 from the 1,046 counted in May 2018. Rig count 430 Enverus uses cookies to personalize our services and provide customized information to enhance your experience. , 5, 6, inland, offshore Canadian Association of Oilwell Drilling Contractors Suite 2050, 717 7 Avenue SW Calgary, Alberta • T2P 0Z3 info@caodc. S. The U. Canada Rig Count is down 12 from last week to 69, with oil rigs down 7 to 24, gas rigs down 5 to 45. rig count for October 2019 was 848, down 30 from the 878 counted in October 2019 , and down 214 from the 1,062 counted in October 2018 . The US oil rig count has risen for 32 consecutive weeks and US oil production has stopped falling. News about Offshore Drilling and Exploration, including commentary and archival articles published in The New York Times. Source: Rig Counts: Baker Hughes. S. S. this will ultimately create an inflationary oil supply shock of historic proportions The Deepwater Horizon oil spill was an industrial disaster that began on 20 April 2010, in the Gulf of Mexico on the BP-operated Macondo Prospect, considered to be the largest marine oil spill in the history of the petroleum industry and estimated to be 8 to 31 percent larger in volume than the previous largest, the Ixtoc I oil spill, also in the Gulf of Mexico. Baker Hughes (stock ticker: BHGE) released its monthly international rig count today, revealing an increase of 64 compared to April, bringing the total number of rigs to 1,126. Ultra-deepwater More than 80% of Transocean's 27 ultra-deepwater rigs are less than 10 years old; nine were delivered within the last five years. Depending on the water depth and remoteness of the location, these "rigs" may be jack-ups (up to 400 feet of water), or semisubmersibles, or drillships (up to 12,000 feet of water). production (in addition to a similar sized Offshore Platform H&P currently has drilling in the Gulf of Mexico on operator-owned platforms. 6 The international offshore rig count for August 2020 was 184, up 1 from the 183 counted in July 2020, and down 60 from the 244 counted in August 2019. Total rig counts currently stand at 712, an increase of 125% from the low. Offshore oil and gas in the Gulf is a major source of oil and natural gas production in the U. During 2016, an average of 1,593 rigs operated in different regions, 32% less than 2015 average ( Figure 4 ) as a result of price drop, but as of September 2017, the number of rigs have increased about 27% compared to 2016. The international offshore rig count for October 2018 was 207, up 3 from the 204 counted in September 2018, and up 3 from the 204 counted in October 2017. The oilfield industry's trusted source for current and historical rig data, including: rig count, drilling permits, drilling activity, and drilling rig locator. com is the information dashboard for the Oil and Gas Industry with commodity prices, stock price movement and interactive reports on key indicators. Baker Hughes Oil Rig Count Discussion Comment Guidelines We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. and Canadian rig count and drilling data, and use Oilprice. inland waters, and U. Kerr-McGee drilling platform, known as Kermac Rig No. The following 13 tabs are included: • Current Weekly Summary Baker Hughes’ rig numbers date back to 1982 and never has the offshore rig count been this low in Africa. Corporate Profile. S. The Permian Basin idled a similar 23 rigs, bringing the region’s rig count to 175. S. Baker Hughes has issued rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of the US and Canadian drilling activity (photo: Baker Hughes) Baker Hughes, a GE company has announced that the Baker Hughes international rig count for July 2019 was 1,162, up 24 from the 1,138 counted in June 2019, and up 165 from the 997 counted in July 2018. While the United States and other developed countries have decreased dramatically the number of active rigs The nation's gas-rig count rose by six to 192 in the past week, according to Baker Hughes. drilling rig count lowest since 1975 as shale boom fades U. Fleet size is unchanged at 192 rigs. Featured Oil and Gas Baker Hughes Gib Knight Oil Price Oklahoma Corporation Commission Rig Count Permian Basin natural gas shale Oklahoma SCOOP and STACK OPEC Oseberg Permian Data Powered by Oseberg Today’s E&P world is rapidly shifting towards data-driven decision making, but those decisions are only as good as the data behind them. CAODC works with members to build a record of rig activity data. Oil rig count declined 80% from a peak of 1,609 in October 2014 to a low of 316 at end of May 2016. The international offshore rig count for February 2020 was 245, unchanged from the 245 counted in January 2020, and down 5 from the 250 counted in February 2019. Offshore Rig Tracking Tool is Spotfire-based and covers our historic rig data and rig tracking, allowing you to run asset searches, view contract data, rig utilisation and day rates. The U. Gulf of Mexico rig count declined by two rigs since last week, and now stands at 149. . rig count for September 2019 was 878, down 48 from the 926 counted in August 2019, and down 175 from the 1,053 counted in September 2018. The international offshore rig count for December 2018 was 234, up 28 from the 206 counted in November 2018, and up 43 from the 191 counted in December 2017. 3 percent in 2019. S. Understandably, this information has some significant ramifications for the energy industry, as a set-point of both the activity within the industry and as the current optimism from investors. 07. Rig Count current and historical data, updated every Friday. , Canadian, Foreign and World Rotary Rig Count as well as U. This does not reflect the number of rigs actually working at any given time as some contracted rigs may be moving between locations, undergoing maintenance, waiting on weather, etc. The offshore rig count is now 29 rigs shy of the four-year high of 66 that it reached on August 29, 2014. (41) : 5 Mar 2021 : Norways Seadrill writes down $2. That was the number of rigs dropped by the us between September 2008 and June 2009. A week earlier, the rig count fell by 12, and experts believed that indicated a bottom was near. Baker Hughes Crude Oil Rigs - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021. S. 8% in April. Diamond Offshore Drilling, Inc. 11. Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for June 2020 was 781 down 24 from the 805 counted in May 2020, and down 357 from the 1,138 counted in June 2019. S. TOFCO produced the topsides deck for Juniper, which will be the largest offshore platform in Trinidad and Tobago’s history. 6% compared to the same period in fiscal 2015. S. (40) : 5 Mar 2021 : Carnarvon hires Noble Tom Prosser rig to drill (offshore-technology. S. While DailyRigCount. Land Rig Count. The mission of the Department of Natural Resources is to ensure and promote sustainable and responsible use of the natural resources of our state so that they are available for the enjoyment and benefit of our citizens now and in the future. S. 0% -39. Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for July 2020 was 743 down 38 from the 781 counted in June 2020, and down 419 from the 1,162 counted in July The international offshore rig count for January 2013 was 307, up 8 from the 299 counted in December 2012 and unchanged from the 307 counted in January 2012. Notes: Rotary rigs in operation are reported weekly. S. But will it be enough for overstacked drillers? Constructed with information from rig operators and owners worldwide, offshore rig day rate data is the most accurate information of its type available from any source. land rig count averaged 81, including 57 under term and 24 with spot contracts. Arkansas, Louisiana, Mississippi and Texas RRC Dist. This is a change of 0. historical offshore rig count