Platts Rig Data and 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. The active rig count acts as a leading indicator of demand for products used in drilling, completing, producing and processing hydrocarbons.

1. RIGCOUNT
MONTHLY REPORT
JANUARY 2017
www.oilwire.net

2. RIGCOUNT (U.S.)
773
Land RIG COUNT BREAKOUT
U.S. Land Breakout (with Top 5)
367
Texas
106
Oklahoma
40
NM
36
ND
33
LA
151
Rest
Source: PLATTS RIGDATA, JAN’2017
28, Deepwater Gulf
06, Louisiana Offshore
00, Texas Offshore
34
U.S. Offshore Breakout
06 01, Alaska Inland Water
05, Louisiana Inland Water
U.S. Inland Waters Breakout
733
OILWIRE
MARKETS

3. RIGCOUNT (U.S.)
Source: PLATTS RIGDATA, 2016 - 2017
OILWIRE
MARKETS
0
250
500
750
1000
0
25
50
75
100
0
250
500
750
1000
U.S.Total U.S. Land U.S. Inland Waters & Offshore
Rig Count in Jan’17 crossed 750 mark,
with +85 rigs since Jan’16 and 73% higher
over its lowest count in May’16.
Land Rig Count in Jan’17 ended with 733
rigs, adding 111 rigs since Jan’16, 87%
higher since its lowest count in May’16.
U.S. Inland Waters & Offshore count lags
behind with 32 rigs less in Jan’17 over
Jan’16, with slight recovery over Q4’16.
Jan’16 Jan’17 Jan’16 Jan’17 Jan’16 Jan’17