Platts RigData: Growth Continues as May U.S. Rig Count Increases 6% Over Prior Month
HOUSTON, June 5, 2017 /PRNewswire/ -- Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for May 2017 was 1,026, up 55 (6%) from April 2017, and up 581 (131%) from May 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs.
- May U.S. land rig count: 976, up 54 from the previous month and up 585 from May 2016.
- May U.S. inland waters and Gulf of Mexico rig count: 50, up 1 from the previous month, and down 4 from May 2016.
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Platts RigData U.S. Rig Counts
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May 2017
Rig
Counts
|
Previous
Month
Variance
|
Variance
Year
over
Year
|
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April 2017
Rig
Counts
|
May 2016
Rig
Counts
|
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Colorado
|
37
|
6
|
22
|
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31
|
15
|
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Louisiana
|
47
|
2
|
25
|
|
45
|
22
|
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New Mexico
|
56
|
0
|
39
|
|
56
|
17
|
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North Dakota
|
45
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-2
|
21
|
|
47
|
24
|
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Oklahoma
|
140
|
7
|
81
|
|
133
|
59
|
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Texas
|
497
|
32
|
318
|
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465
|
179
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Rest of U.S. Land
|
154
|
9
|
79
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145
|
75
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U.S. Land Subtotal
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976
|
54
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585
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922
|
391
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U.S. Inland Waters
|
14
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-1
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3
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15
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11
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U.S. Gulf of Mexico (GOM)
|
36
|
2
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-7
|
|
34
|
43
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U.S. Inland and GOM
|
50
|
1
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-4
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49
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54
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Total U.S. Rig Count
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1,026
|
55
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581
|
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971
|
445
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6%
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131%
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CONTACT
Kathleen Tanzy, + 1 917 331 4607, kathleen.tanzy@spglobal.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.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/platts-rigdata-growth-continues-as-may-us-rig-count-increases-6-over-prior-month-300468830.html
SOURCE S&P Global Platts
Source: PR Newswire
(June 5, 2017 - 3:01 PM EDT)
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