HOUSTON, Aug. 3, 2017 /PRNewswire/ -- Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for July 2017 was 1,068, up 13 (1%) from June 2017, and up 548 (105%) from July 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs.
Year to date the rig count has climbed a strong 51%, but the pace of growth has slowed from an average monthly sequential improvement of 8% in Q1 to 5% in Q2 to just 1% in the beginning of Q3.
- July U.S. land rig count: 1,024, up 15 (1%) from the previous month and up 550 (116%) from July 2016.
- July U.S. inland waters and Gulf of Mexico rig count: 44, down 2 (-4%) from the previous month and down 2 (-4%) from July 2016.
Platts RigData U.S. Rig Counts |
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| July 2017 | June 2017 | Month over Month Change | % Change |
| July 2016 | Year over Year (YOY) Variance | YOY % Variance |
Colorado | 44 | 41 | 3 | 7% |
| 19 | 25 | 132% |
Louisiana | 49 | 50 | -1 | -2% |
| 25 | 24 | 96% |
New Mexico | 59 | 60 | -1 | -2% |
| 27 | 32 | 119% |
North Dakota | 54 | 53 | 1 | 2% |
| 29 | 25 | 86% |
Oklahoma | 143 | 141 | 2 | 1% |
| 61 | 82 | 134% |
Texas | 500 | 500 | 0 | 0% |
| 231 | 269 | 116% |
Rest of U.S. Land | 175 | 164 | 11 | 7% |
| 82 | 93 | 113% |
U.S. Land Subtotal | 1024 | 1009 | 15 | 1% |
| 474 | 550 | 116% |
U.S. Inland Waters | 11 | 11 | 0 | 0% |
| 10 | 1 | 10% |
U.S. Gulf of Mexico | 33 | 35 | -2 | -6% |
| 36 | -3 | -8% |
U.S. Inland and Gulf of Mexico | 44 | 46 | -2 | -4% |
| 46 | -2 | -4% |
Total U.S. Rig Count | 1,068 | 1,055 | 13 | 1% |
| 520 | 548 | 105% |
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CONTACT
Kathleen Tanzy, + 1 917 331 4607, kathleen.tanzy@spglobal.com
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SOURCE S&P Global Platts