Rig Count Data: for the week ending: July 2, 2009

U.S. Rig Count

For the week ending July 2, 2009 the total U.S. rotary rig count was 928 up 11 rigs from the previous week, down -993 rigs from a year ago.

The U.S. land rig count was up 1.37% this week, up 12 rigs from last week to 886 total rigs running representing an annualized change of -52.31%.

The U.S. offshore rig count was down -2.33% this week, down 1 rigs from last week to 42 total rigs running representing an annualized change of -33.33%

  Rotary Rig Counts   Change   Change %
2009-07-02 Week Ago Year Ago   Weekly Annual   Weekly Annual
Land Rigs 886 874 1,858   12 -972   1.37% -52.31%
Offshore Rigs 42 43 63   -1 -21   -2.33% -33.33%
Total   928 917 1,921   11 -993   1.20% -51.69%

The U.S. rig count drilling for oil was up 4.57% this week, up 10 rigs from last week to 229 total rigs running representing an annualized change of -38.61%.

The U.S. rig count drilling for gas was up 0.15% this week, up 1 rigs from last week to 688 total rigs running representing an annualized change of -55.30%.

  Rotary Rig Counts   Change   Change %
2009-07-02 Week Ago Year Ago   Weekly Annual   Weekly Annual
Oil 229 219 373   10 -144   4.57% -38.61%
Gas 688 687 1,539   1 -851   0.15% -55.30%
Misc 11 11 9   0 2   0.00% 22.22%
Total  928 917 1,921   11 -993   1.20% -51.69%

The U.S. rig count drilling low-angle directional holes was down -5.85% this week, down 10 rigs from last week to 161 total rigs running representing an annualized change of -58.40%.

The U.S. rig count drilling horizontal holes was up 1.54% this week, up 6 rigs from last week to 396 total rigs running representing an annualized change of -28.65%.

The U.S. rig count drilling vertical holes was up 4.21% this week, up 15 rigs from last week to 371 total rigs running representing an annualized change of -62.10%.

  Rotary Rig Counts   Change   Change %
2009-07-02 Week Ago Year Ago   Weekly Annual   Weekly Annual
Directional 161 171 387   -10 -226   -5.85% -58.40%
Horizontal 396 390 555   6 -159   1.54% -28.65%
Vertical 371 356 979   15 -608   4.21% -62.10%
Total  928 917 1,921   11 -993   1.20% -51.69%

Canadian Rig Count

The Canadian rotary land rig count was up 11.56% this week, up 17 rigs from last week to 164 total rigs running representing an annualized change of -57.62%.

The Canadian offshore rig count was unchanged this week at 1 rigs.

  Rotary Rig Counts   Change   Change %
2009-07-02 Week Ago Year Ago   Weekly Annual   Weekly Annual
Land Rigs 164 147 387   17 -223   11.56% -57.62%
Offshore Rigs 1 1 1   0 0   0.00% 0.00%
Total  165 148 388   17 -223   11.49% -57.47%

The Canadian rig count drilling for oil was up 6.17% this week, up 5 rigs from last week to 86 total rigs running representing an annualized change of -43.79%.

The Canadian rig count drilling for gas was up 17.91% this week, up 12 rigs from last week to 79 total rigs running representing an annualized change of -66.38%.

  Rotary Rig Counts   Change   Change %
2009-07-02 Week Ago Year Ago   Weekly Annual   Weekly Annual
Oil 86 81 153   5 -67   6.17% -43.79%
Gas 79 67 235   12 -156   17.91% -66.38%
Total  165 148 388   17 -223   11.49% -57.47%

International Rig Count

The African rig count was unchanged for July at 62 rigs.

The Asia/Pacific rig count was up 1.27% for July, up 3 rigs from June to 239 total rigs running representing an annualized change of -9.81%.

The European rig count was down -4.65% for July, down 4 rigs from June to 82 total rigs running representing an annualized change of -15.46%.

The Latin American rig count was up 2.29% for July, up 8 rigs from June to 357 total rigs running representing an annualized change of -10.30%.

The Middle Eastern rig count was unchanged for July at 253 rigs.

  Rotary Rig Counts   Change   Change %
2009-06-01 Month Ago Year Ago   Mnthly Annual   Mnthly Annual
Africa 62 62 65   0 -3   0.00% -4.62%
Asia/Pacific 239 236 265   3 -26   1.27% -9.81%
Europe 82 86 97   -4 -15   -4.65% -15.46%
Latin America 357 349 398   8 -41   2.29% -10.30%
Middle East 253 253 277   0 -24   0.00% -8.66%
Total  993 986 1,102   7 -109   0.71% -9.89%

Worldwide Rig Count

The worldwide rotary rig count was up 1.87% for July, up 37 rigs over June. As of 2009-06-01 there are 895 rigs running in the U.S., 125 rigs running in Canada and 993 rigs running internationally for a total worldwide operating rig count of 2,013, up from 1,976 one month ago.

  Rotary Rig Counts   Change   Change %
2009-06-01 Month Ago Year Ago   Mnthly Annual   Mnthly Annual
United States 895 918 1,902   -23 -1,007   -2.51% -52.94%
Canada 125 72 266   53 -141   73.61% -53.01%
International 993 986 1,102   7 -109   0.71% -9.89%
World Total  2,013 1,976 3,270   37 -1,257   1.87% -38.44%
  • The Baker Hughes Rotary Rig Counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the U.S., Canada and international markets. 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 US and Canadian drilling activity. Hughes initiated the monthly international rig count in 1975.
  • The oil and gas rig count, which is the number of rigs currently online, is widely regarded as an important indicator in assessing the health of the oil industry. It can give investors and companies an idea of current demand, as well as provide clues for the immediate future.
  • U.S & Canadian rotary rig counts are updated weekly at 12:00 Central Time.
  • International rotary rig counts are updated mid-month for the preceeding month.
  • Rotary Rig Count data is provided by and copyright: Baker Hughes, Inc.
Rig Count Data Last Updated: 2009-07-02 12:00:32 CDT