DRILLING DOWN WORLD QUEST WOW TWW
World wide drilling rig count
World Rig Count is at a current level of 1621.25, up from 1599.50 last month and down from 1713.00 one year ago. This is a change of 1.36% from last month and -5.36% from one year ago. View monthly updates and historical trends for World Rig Count. Source: Baker Hughes. [pdf]
World drilling rig count
World Rig Count is at a current level of 1621.25, up from 1599.50 last month and down from 1713.00 one year ago. This is a change of 1.36% from last month and -5.36% from one year ago. View monthly updates and historical trends for World Rig Count. Source: Baker Hughes. [pdf]FAQS about World drilling rig count
What is the global rig count?
International: The international rig count stands at 919 rigs, unchanged month over month but down 59 rigs year over year, showcasing the challenges faced in global exploration and production activities. 1. Steady U.S. Activity: The stable U.S. rig count underscores resilience amidst fluctuating oil prices and geopolitical uncertainties.
How many rigs are there in the world?
In September, the total world rig count - which includes Latin America, Europe, Africa, the Middle East, Asia Pacific, Canada, and the U.S. - stood at 1760, Baker Hughes’ latest current data worldwide rig count revealed. The total world rig count stood at 1788 in August and 1853 in September last year, the count outlined.
What is the weekly rig count?
Updated each Friday, the Weekly Rig Count provides accurate offshore drilling rig data by major region and globally. Our team of global analysts compiles oil rig data daily through direct contact with rig owners and offshore operators to derive dependable figures. The rig count tables below include all jackups, semi-submersibles, and drillships.
How many oil rigs are there worldwide?
The average number of oil rigs worldwide decreased between 1975 and 2024. In the latter year, figures averaged 1,734 units. This was the lowest figure since 2021. The peak number was recorded during the oil boom in 1981, at 5,624 units. North America is the region with the greatest number of oil and gas rigs, the vast majority of which are on land.
Are oil rig counts rising?
Overall, most regions demonstrate relatively flat trends, with no significant surges in rig counts, which could indicate cautious investment in exploration amid evolving global energy dynamics. Oil rig counts in the US and Canada, both of which serve as key indicators of expected oil production.
When will the International rig count be released?
Starting in February 2020, the international rig count will be released on the last working day of the first week of the month. The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. When drilling rigs are active they consume products and services produced by the oil service industry.
