Platts RigData: U.S. Land Rig Count Slowing But Still Growing

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July 10, 2017 2:01 PM EDT

HOUSTON, July 10, 2017 /PRNewswire/ -- Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for June 2017 was 1,055, up 29 (3%) from May 2017, and up 584 (124%) from June 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs.

  • June U.S. land rig count: 1,009, up 33 (3%) from the previous month and up 588 (140%) from June 2016.
  • June U.S. inland waters and Gulf of Mexico rig count: 46, down 4 (-8%) from the previous month and down 4 (-8%) from June 2016.

 

Platts RigData U.S. Rig Counts

June2017

May2017

Month over Month Change

%Change

June 2016

Variance Year Over Year (YOY)

YOY % Variance

Colorado

41

37

4

11%

15

26

173%

Louisiana

50

47

3

6%

22

28

127%

New Mexico

60

56

4

7%

21

39

186%

North Dakota

53

45

8

18%

26

27

104%

Oklahoma

141

140

1

1%

60

81

135%

Texas

500

497

3

1%

198

302

153%

Rest of U.S. Land

164

154

10

6%

79

85

108%

U.S. Land Subtotal

1009

976

33

3%

421

588

140%

U.S. Inland Waters

11

14

-3

-21%

10

1

10%

U.S. Gulf of Mexico (GOM)

35

36

-1

-3%

40

-5

-13%

U.S. Inland and GOM

46

50

-4

-8%

50

-4

-8%

Total U.S. Rig Count

1,055

1,026

29

3%

471

584

124%

 

CONTACTKathleen Tanzy, + 1 917 331 4607, [email protected]

About S&P Global PlattsAt S&P Global Platts, we provide the insights; you make better informed trading and business decisions with confidence. We're the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil and gas, power, petrochemicals, metals, agriculture and shipping.

S&P Global Platts is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.platts.com.

View original content with multimedia:http://www.prnewswire.com/news-releases/platts-rigdata-us-land-rig-count-slowing-but-still-growing-300485389.html

SOURCE S&P Global Platts


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