Press

U.S. Land Rig Count Experiences First Monthly Drop in 2017


Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for September 2017 was 1,043, down 28 (3%) from August 2017, and up 460 (79%) from September 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs.
  • September U.S. land rig count: 1,002, down 25 (2%) from the previous month and up 457 (84%) from September 2016
  • September U.S. inland waters and Gulf of Mexico rig count: 41, down 3 (7%) from the previous month and up 3 (8%) from September 2016
“The slack in the rig count for U.S. land activity was heavily influenced by weather during September,” said Trey Cowan, senior industry analyst, Platts RigData, an analytics unit of S&P Global Platts. “I would not be surprised if next month's count firms toward levels seen in August, prior to the storms, as producers play a little catchup.”
 
Platts RigData U.S. Rig Counts
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
September 2017
August 2017
Month over Month Change
% Change
 
September 2016
Variance Year over Year (YOY)
YOY % Variance
Colorado
43
44
-1
-2%
 
21
22
105%
Louisiana
47
48
-1
-2%
 
24
23
96%
New Mexico
72
64
8
13%
 
29
43
148%
North Dakota
53
53
0
0%
 
30
23
77%
Oklahoma
137
142
-5
-4%
 
74
63
85%
Texas
483
503
-20
-4%
 
261
222
85%
Rest of U.S. Land
167
173
-6
-3%
 
106
61
58%
U.S. Land Subtotal
1,002
1,027
-25
-2%
 
545
457
84%
U.S. Inland Waters
8
11
-3
-27%
 
7
1
14%
U.S. Gulf of Mexico (GOM)
33
33
0
0%
 
31
2
6%
U.S. Inland and GOM
41
44
-3
-7%
 
38
3
8%
Total U.S. Rig Count
1,043
1,071
-28
-3%
 
583
460
79%



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S&P Global PlattsUnited StatesRig CountGulf Of Mexico

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