Offshore drilling rig count price

Find U.S. and Canadian rig count and drilling data, and use Oilprice.com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province.
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US Rig Continues to Sag amid Rising U.S. Crude Production

The number of gas rigs fell by 2 this week, to 111 for a gain of 13 active gas rigs from this time last year. The miscellaneous rig count rose by 2 to 5.

Rising demand, leaner rig fleet set stage for tighter

With much of the excess supply exiting the market, the utilization rate for the global floating rig fleet is anticipated to gradually increase over the

Global Offshore Drilling Rig Dayrate Forecast

Westwood''s Global Offshore Drilling Rig Dayrate Forecast 2024-2028 report provides detailed insight on historical offshore drilling rig dayrate

Asia Pacific: offshore rigs by contract type 2025| Statista

IHS Markit. (August 15, 2025). Monthly number of offshore oil and gas rigs in Southeast Asia from May 2021 to August 2025, by contract type [Graph]. In

Rig Count: Rotary Rig Count and Workover Rig Count

North American Rotary Rig Counts The U.S. rotary rig count from Baker Hughes was down 5 at 654 for the week of August 11, 2023. It is 109 rig s (14.3 %)

Westwood Insight – Offshore drilling upcycle continues, but 2025

2024 has been another strong year for the offshore drilling rig market with high utilisation and dayrates. However, the winds of change have started to blow, and the market is

Middle East drilling rates down almost 20% since Aramco''s crude

The cost to use a drilling rig to explore for crude oil and natural gas in the Middle East may have bottomed out after dropping almost 20% since the end of 2023 after Saudi Aramco cancelled

Rig Count Overview & Summary Count | Baker Hughes Rig Count

Baker Hughes initiated the monthly international rig count in 1975. The North American rig count is released weekly at noon Central Time on the last day of the work week.

Rig Values

Get access to values for the entire offshore drilling rig fleet. Values are continually updated when market events dictate. Search for any rig and find its current value and historical value

Growing Backlog For Offshore Drillers Points To

Global offshore oil and gas markets posted impressive growth in 2023, with the proprietary Clarksons Offshore Index that tracks rig count as

Petrodata Weekly Rig Count | S&P Global

Updated each Friday, the Weekly Rig Count provides accurate offshore drilling rig data by major region and globally. Our team of global analysts compiles oil rig

Global Offshore Drilling Rig Dayrate Forecast

Westwood''s Global Offshore Drilling Rig Dayrate Forecast 2024-2028 report provides detailed insight on historical offshore drilling rig dayrate trends, a breakdown of

How Much Does a Drilling Rig Cost in 2025? (New,

Here''s a table comparing the costs to buy new, buy used and rent a drilling rig in 2025: The cost of buying a new drilling rig ranges from $3-4

Offshore Energy Data Dashboard

Offshore Energy Data Dashboard Each month Westwood''s Offshore and New Energies teams provide a global data update on oil and gas-related engineering, procurement

Upstream Solutions | S&P Global

Unlock the potential of your oil & gas upstream & midstream operations with data, insights, software and AI solutions from Platts & IHS Markit now under S&P Global.

Rig Values

Rig Values uses a transparent methodology to determine rig values. Using a combination of algorithm-based automation along with experienced human input, values are always up to

Global offshore rig count — Energy Chamber of

Rig count is a standard measure of activity in the oil and gas industry. It refers to the number of active drilling rigs in operation at any given

US drillers cut oil and gas rigs for 12th time in 13

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the 12th time in 13 weeks, energy services firm Baker

Instead of ''drill, baby, drill,'' U.S. rig counts falling, layoffs

As a result, the industry isn''t adding rigs to drill when "price signals are so unclear," The Center Square reported. The rig count has dropped under the Trump administration, with

Global Rig Count Update: A Snapshot of the Oil and

As the oil and gas sector navigates the complexities of global energy demand and economic challenges, the latest Baker Hughes rig count

Rig Count Charts (McClure-Stoner)

Recent public domain values and historical graphs of USA oil and natural gas rotary drilling rig counts, spot prices, and production rates follow. Images link to enhanced

S&P Global Commodity Insights

Petrodata Rigs by S&P Global provides unrivalled industry-leading data on the global offshore drilling rig market and gives answers to key rig market questions, such as availability, day

Rigs Solution

Constant changes in oil prices and unexpected market events relate to the current offshore rig and land rig activity globally and determine global trends together with supply and demand rig

Offshore Drilling Outlook to 2035

Ofshore rig market remains depressed and will be slow to recover With the oil price recovering through the majority of 2018, Brent crossed over USD80/bbl before settling down to USD60

North American Rig Count, Drilling and Frac Spread

Find U.S. and Canadian rig count and drilling data, and use Oilprice ''s graphing tools to compare oil prices, frac spread, production

About Offshore drilling rig count price

About Offshore drilling rig count price

Find U.S. and Canadian rig count and drilling data, and use Oilprice.com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province.

Find U.S. and Canadian rig count and drilling data, and use Oilprice.com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province.

Find U.S. and Canadian rig count and drilling data, and use Oilprice.com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province.

Weekly offshore rig count totals for jackup and floating drilling rigs across the key global regions, with data provided by RigLogix. July 2025 closed the month at 379 jackups classed as active, which was a one-rig decrease compared with the end of June 2025, driven by lower activity in the Middle.

Here’s a table comparing the costs to buy new, buy used and rent a drilling rig in 2025: The cost of buying a new drilling rig ranges from $3-4 million for basic land rigs to over $1 billion for advanced offshore rigs. Land rig rentals cost $15,000-$100,000 per day, while offshore rigs are more.

Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Baker Hughes initiated the monthly international rig count in 1975. The North American rig count is released.

24/7 access to individual rig values (~710 rigs) Get access to values for the entire offshore drilling rig fleet. Values are continually updated when market events dictate. Search for any rig and find its current value and historical value development. We continuously track the market and publish.

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6 FAQs about [Offshore drilling rig count price]

Where can I find rig count and drilling data?

Find U.S. and Canadian rig count and drilling data, and use Oilprice.com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province.

How much does an offshore rig cost?

Offshore rigs are even pricier. They start at $20 million for basic ones and can go up to $1 billion for deepwater rigs. The cost depends on how deep the water is and the technology used. Special rigs for specific jobs have different prices. Their cost depends on what they can do and their features.

How much does an oil rig cost?

The cost of drilling an oil well can range from $2 million to $20 million, depending on factors like the depth of the well, location (onshore vs. offshore), and rig type. Offshore wells, especially in deepwater, are significantly more expensive than onshore wells. How much do oil rigs cost to construct?

How much does a drilling rig cost in 2025?

Here’s a table comparing the costs to buy new, buy used and rent a drilling rig in 2025: The cost of buying a new drilling rig ranges from $3-4 million for basic land rigs to over $1 billion for advanced offshore rigs.

What is the weekly rig count?

Updated each Friday, the Weekly Rig Count provides accurate offshore drilling rig data by major region and globally. Our team of global analysts compiles oil rig data daily through direct contact with rig owners and offshore operators to derive dependable figures. The rig count tables below include all jackups, semi-submersibles, and drillships.

How many oil rigs are there in the US?

The June 20th Baker Hughes rig count report shows a drop in the active rig count. Baker Hughes reports 554 active drilling rigs in the US. In April, the total active rig count was 587. One year ago, the total active rig count was 588. The oil rig count is currently 438 rigs, compared to 483 in April and 485 one year ago.

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