RigData Insights

U.S. Rig Count Grows 77% Year-Over Year in March

  • Tuesday, April 4, 2017
  • Posted By Meagan Wildfong

 RigCounts040417

HOUSTON (April 3, 2017) - Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for March 2017 was 901, up 67 (8%) from February 2017, and up 391 (77%) from March 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs. 

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  • March U.S. land rig count: 852, up 61 from the previous month and up 399 from March 2016.
  • March U.S. inland waters and Gulf of Mexico rig count: 49, up 6 from the previous month, and down 8 from March 2016.

 

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.

 

CONTACT

Kathleen Tanzy, + 1 917 331 4607, kathleen.tanzy@spglobal.com; Gregory Tsichlis, + 817 616 2081, greg.tsichlis@spglobal.com

 

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, visit www.platts.com.

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