RigData Insights

U.S. Rig Count Grows 107% Year-Over-Year in April

  • Wednesday, May 3, 2017
  • Posted By Meagan Wildfong

HOUSTON (May 3, 2017) - Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for April 2017 was 971, up 70 (8%) from March 2017, and up 502 (107%) from April 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs.

  • April U.S. land rig count: 922, up 70 from the previous month and up 510 from April 2016.
  • April U.S. inland waters and Gulf of Mexico rig count: 49, flat to the previous month, and down 8 from April 2016.

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S&P Global Platts (Platts) is the leading independent provider of information and benchmark prices for the commodities and energy markets. Platts acquired RigData, a provider of daily information on rig activity for the natural gas and oil markets across North America, on June 1, 2016.

 

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EMEA: Arnaud Humblot +44 207 176 6685, arnaud.humblot@spglobal.com  and Alex Brog +44 207 176 7645, alex.brog@spglobal.com

Singapore: Platts (platts@ryancommunication.com)

 

About S&P Global Platts

At 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, visitwww.platts.com.

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