61st Annual RIG CENSUS - National Oilwell Varco

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A Special Section of
61st Annual RIG CENSUS
Published in November 2014
NATIONAL OILWELL VARCO’S 61ST ANNUAL RIG CENSUS
Global rig fleet grows, both onshore and offshore
CENSUS HIGHLIGHTS
Key statistics from the 2014 census include the following:
• The U.S. fleet had an overall increase of 199 rigs, pushing the total available count up about 7% to 3,254. This
net increase is the result of 387 rig additions and 188 rig
deletions, Fig. 1.
• The number of U.S. rigs counted as newly manufactured
rose in 2014, totaling 187 units.
• The number of rigs that were retired or removed from
service this year was 177, a slight decrease.
• U.S. rigs meeting the census definition of “active” rose to
2,269, up about 10%.
• Utilization of the U.S. fleet (combined land and offshore) grew three percentage points and now stands at
70%, Fig. 2.
• There were 319 U.S. rig owners counted in 2014, compared with 313 last year.
2NOVEMBER 2014/WorldOil.com
Available
5
4
3,254
3
Active
2
2,269
1
0
1955
1960
1965
1970
1975
1980
1985
1990
1995 2000 2005 2010
Note: 2002 data are estimates.
Fig. 2. U.S. available rigs vs. utilization, 1955-2014.
6
5
100
Utilization rate
70%
80
4
60
3
Available rigs
3,254
2
1
1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010
Utilization rate, %
United States rig owners continued adding to their fleets in
2014 and were able to put more rigs to work. According to the
61st Annual NOV Rig Census, the U.S. available fleet made a
significant jump over the past year, and activity levels seemed
to support this increase.
When rig counts were tallied for the census in the early summer of 2014, commodity prices were strong enough to fuel additional drilling momentum. The gap between available and
active rigs shrank, and showed an overall strengthening in the
U.S. market. The Canadian drilling environment also showed
growth in availability, as newbuilds and reactivations were
added to the fleet. Canada experienced a turnaround in activity
levels, regaining most of the losses seen over the past two years.
Worldwide statistics were also encouraging for 2014. The
global offshore mobile fleet continued to make notable gains
in the number of available rigs added to the fleet. Again this
year, a large number of newly manufactured units came online,
with most having standing contracts to drill. Activity levels
rose, as well, and kept pace with available units, causing utilization for the offshore mobile fleet to be relatively unchanged.
With the exception of Asia (including China), international
utilization of rigs rose in most primary areas.
6
Number of rigs, thousands
BRANDON MONTAGNE and TORY STOKES, NOV Downhole
Fig. 1. U.S. available vs. active rigs, 1955-2014.
Number of rigs, thousands
North American rig fleets expand, and
more rigs are put to work, while the global,
offshore mobile fleet continues to make
gains with new units.
40
20
Note: 2002 data are estimates.
• Drilling contractors own 85% of all U.S. drilling rigs, a one
percentage point decrease this year, with operators owning the remaining 15%.
• The Canadian available rig fleet rose to 796 units, up 2%
from last year.
• Canadian rig activity jumped 22%, with active units numbering 352 in 2014.
• Utilization for Canada rebounded to 44%, compared with
37% last year.
• The global offshore mobile fleet’s available count grew 5%
this year, coming in at 890 units.
• The active count for the global offshore mobile fleet grew
4%, and reached 725.
• Utilization of the global offshore mobile fleet is now 81%,
just slightly lower than 2013’s level.
• All international regions, with the exception of Asia (including China), showed increases in rig utilization over
the past year.
• Every U.S. region had increases in available rigs, with the
exception of the Gulf Coast, which was essentially flat.
• Drilling contractors own 85% of the 2014 fleet, while operators own 15%.
NATIONAL OILWELL VARCO’S 61ST ANNUAL RIG CENSUS
Table 1. Changes in the available U.S. fleet.
Previous year’s fleet
2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
3,055 3,006 3,081 3,153 3,169 3,076 2,817 2,298 2,026 1,988 1,719 1,722 1,722 1,636 1,644 1,705 1,665
Reductions to fleet
Removed from service
–177
Moved out of the country
–6
–315
–16
–212
–45
–164
–49
–59
–29
–77
–14
–99
–14
–141
–29
–68
–1
–123
–45
n/a
n/a
–87
–6
–76
–4
–89
–7
–59
–10
–1
–3
–410 –334
–2
–259
–5
–218
0
–88
–4
–95
–6
–119
–3
–173
0
–69
–4
–172
n/a
n/a
–3
–96
–2
–82
–4
–100
–3
–72
Additions to fleet
Newly manufactured
187
147
223
158
131
237
202
349
238
23
32
Brought back into service 193
97
94
95
87
36
101
189
95
124
125
Moved into the country
6
9
12
6
16
30
13
5
5
6
7
Assembled from parts
1
3
6
3
9
8
31
71
53
58
79
Newly identified*
–
–
–
–
–
–
–
–
–
–
95
Subtotal, additions
387
256
335
262
243
311
347
614
391
211
243
Net change
199
49
–75
–72
–16
93
259
519
272
38
174
Total available rigs
3,254 3,055 3,006 3,081 3,153 3,169 3,076 2,817 2,298 2,026 1,893
48
37
10
74
–
169
–3
1,719
n/a
9
6
6
7
n/a
56
22
18
37
n/a
12
12
6
6
n/a
105
34
9
62
–
–
–
–
–
0
182
74
39
112
n/a
86
–8
–61
40
n/a 1,722 1,636 1,644 1,705
Destroyed
Subtotal, deletions
–182
–22
–5
–3
–188 –207
–386
–23
*2004 adjustment made in conjuction with RigData
Every year, some rigs are considered “unavailable,” based
on census rules, and are “retired” from the U.S. fleet. Older
rigs with outdated equipment and technology, which have
been sitting idle for three or more years, are no longer considered available. Units that need a significant capital expenditure, or a considerable time investment, are also not counted
in the census.
Accidents that damage rigs beyond repair also put rigs out
of commission. When units are transferred to other countries
for more profitable ventures, these rigs are taken out of the
U.S. census and counted in other international tallies. Each of
these cases is counted as a reduction to the U.S. fleet. Total deletions this year numbered 188 rigs, a 9% drop since last year’s
207-unit decline. This was the lowest number of rig deletions
since 2008, Table 1.
The largest number of rigs deleted continues to be in
the “Removed from Service” category. This has remained
stable over the past year, with a net drop of just five units, to
177. This is quite a different story from the reduction seen
in 2013, when the number declined by about 50%. This
category includes any units that require a large capital expenditure, rigs auctioned for parts or cannibalized to keep
other rigs running, or units that have been stacked for three
or more years.
Note that some of these rigs may re-enter the census at a
later date, if drilling conditions warrant, but have to be disqualified presently, to ensure an accurate representation of the
current available fleet. If any of these rigs are re-introduced
to the fleet, they are typically categorized under the “Brought
Back Into Service” portion of the census, in the “Additions”
part of this article. There is always a need for some units to be
refurbished or reactivated, if economic conditions improve.
Depending on worldwide market conditions, companies
move their rigs into, and out of, the U.S., and we attempt to
follow these rig movements on a year-to-year basis. In this
year’s count, just six rigs moved out of the U.S., quite a few
less than the 22 units that were exported in 2013. These units
are classified in the “Moved out of the Country” category. Rig
movement into the U.S. is covered in the section below.
Rig accidents, where equipment was damaged beyond repair,
Fig. 3. U.S. change in available rigs, 1956-2014.
1200
1000
800
Change in available rigs
U.S. ATTRITION DROPS
600
400
+199
200
0
-200
-400
-600
-800
1955 1960
1965
1970
1975
1980
1985
1990
1995 2000 2005 2010
Note: 2002 data point is an estimate.
put some units in the final deletions category as “Destroyed.”
Five rigs were reported to have sustained significant harm in the
2014 census and were classified in this category. Specific information was not provided for all of them, but at least two rigs
were known to have burned, due to blowouts. This compares
to three rigs that were counted as destroyed in the 2013 census.
U.S. RIG ADDITIONS SWELL
After rig building slowed in 2013, rig expansion programs
accelerated in 2014, producing a significant number of new
units. Refurbishments were also extremely prolific this year.
As market conditions have improved, reactivations have been
a cost-effective way to bring units online quickly. Several rigs
were also brought into the U.S. from other countries. Census
figures show that 387 rigs were added to the fleet over the last
year, up 51% from the previous year. These additions considerably outnumbered the 188 deletions to the fleet, Table 1.
United States newbuilds rose in 2014 after having experienced a downturn in 2013. There still appear to be a plentiful supply of innovative rigs being produced, bringing down
the average fleet age. Over the past decade, 1,927 brand-new
units have been introduced into the U.S. fleet, indicating that
more than 60% are performing at a higher level of cost and efficiency. Of those new units, 187 were added during this year’s
census, compared with 147 added in 2013.
World Oil®/NOVEMBER 20143
NATIONAL OILWELL VARCO’S 61ST ANNUAL RIG CENSUS
Table 2. Changes to the Canadian rig fleet.
2014
777
2013
747
2012
774
2011
795
2010
852
2009
875
2008
871
2007
799
2006
741
2005
680
2004
653
2003
640
2002
n/a
–38
–11
0
–49
–52
–21
0
–73
–67
–33
0
–100
–63
–11
0
–74
–94
–17
0
–111
–17
–42
0
–59
–24
–19
–1
–44
–6
–10
0
–16
–7
–8
0
–15
–4
–5
0
–9
–8
–6
0
–14
–7
0
0
–7
n/a
n/a
n/a
n/a
Additions to fleet
Newly manufactured
24
Brought back into service
32
Moved into the country
12
Assembled from parts
0
Subtotal, additions
68
Net change
19
Total available rigs
796
Total active rigs
352
Utilization
44%
64
33
6
0
103
30
777
289
37%
35
34
4
0
73
–27
747
329
44%
8
34
10
1
53
–21
774
369
48%
15
35
4
0
54
–57
795
334
42%
29
2
5
0
36
–23
852
191
22%
47
1
0
0
48
4
875
406
46%
86
0
0
2
88
72
871
371
43%
63
0
0
10
73
58
799
669
84%
43
23
1
3
70
61
741
550
74%
39
0
0
2
41
27
680
449
66%
18
0
0
2
20
13
653
450
69%
n/a
n/a
n/a
n/a
n/a
n/a
640
346
54%
Previous year’s fleet
Reductions to fleet
Removed from service
Moved out of the country
Destroyed
Subtotal, deletions
The number of U.S. rigs that were “Brought Back into Service” spiked in 2014. This year’s number came in at 193, more
than double the 97 units reactivated in 2013. Each of the rigs
that were reintroduced had been counted previously in a prior
census, but had been out of commission. Many of these 193
reactivations have been refurbished and are being counted
again as part of the U.S. available fleet.
Six rigs that “Moved into the Country” during the past year
are also counted in the census. This is down from the nine rigs
that moved into the U.S. during 2013. With six units moving in and six moving out, the net import/export count was
stable. In recent years, more rigs typically have moved out of
the U.S. than moved in, so it’s noteworthy that this was not the
case in 2014. Differences in rig movements are often minor, so
it can be difficult to tell when trends are reversing. However,
strict U.S. drilling regulations have been burdensome, and
rig owners have been drawn, justifiably, to other markets for
many years.
Lastly, just one rig “Assembled from Parts” was added to
the fleet in 2014. Although there are probably more units that
could be classified in this category, it is becoming increasingly
difficult to quantify, based on the data that are gathered. It
also can be hard to differentiate between refurbishments and
new assemblies, especially when rigs have changed ownership
and are renamed. For these reasons, beginning in 2015, the
“Assembled from Parts” category will be absorbed into the
“Brought Back into Service” category.
Total rig additions numbered 387, while deletions totaled
188 units. The net change in the fleet over the past year was
a 199-unit gain, up about 7%. This is compared with a fleet
increase of just 2% in 2013, Fig. 3.
CANADIAN FLEET REBOUNDS
The Canadian available fleet has made another significant
gain in rigs during 2014. This is the second year of increase
after several years of declining counts. Rigs retired from service matched fairly closely in number to those reactivated,
but newly manufactured rigs helped gains overcome losses to
achieve a further increase.
Rigs “Removed from Service” continues to be the primary cause of Canadian fleet attrition. This includes rigs
idle for greater than three years, or those requiring a large
4NOVEMBER 2014/WorldOil.com
capital outlay. Data gathered about these units indicated that
38 fell into this category and were, therefore, dropped from
the census available count. This is less than the 52 rigs removed in 2013. Eleven rigs also were taken out of the census in 2014, due to being “Moved out of the Country.” This
was a noteworthy decline, compared with the 21 rigs that
were relocated last year. Most of these rigs were headed to
the U.S. market, but several were bound for Latin America. No Canadian units were reported as “Destroyed” over
the past year. The sum of all deletions totaled 49 units
in 2014.
The number of “Newly Manufactured” rigs entering the
Canadian fleet has declined this year after a resurgence in
2013. For 2014, the number of brand-new rigs totaled 24. This
was a decrease from the 64 units that were built from scratch
in 2013. Rigs “Brought Back into Service” have been stable
for the past five years, with 32 being the number reactivated
for 2014. Rigs “Moved into the Country” for Canada doubled
over the past year, as 12 were counted as being imported. This
makes a net addition of one rig, when looking at the import/
export balance. No units were indicated as “Assembled from
Parts.” Total rig additions came to 68 units, overall, for Canada. Although this was 35 units less than the previous year,
additions still outnumbered deletions, causing the available
count to rise by 2% or 796 rigs, Table 2.
GLOBAL OFFSHORE MOBILE FLEET EXPANDS
Rig-building accelerated in the offshore sector this year and
was the dominant reason that units were added to the fleet.
Overall attrition was slightly higher than last year, but did little
to offset the gains, due to the newly manufactured units.
Reductions to the fleet this year included 22 rigs that were
“Removed from Service,” some of which are undergoing conversions to non-drilling. This compares to 17 rigs that were
retired in the previous census. Three offshore units were reported as “Destroyed,” due to accidents, Table 3. If an offshore rig has not worked for more than five years, and does
not have upcoming contracts, it is removed from the census
until this status changes. This is to prevent rigs, which cannot be reactivated quickly, from being counted as available.
Although the census is able to track the majority of platform
and inland barge rigs in the U.S., the global mobile offshore
NATIONAL OILWELL VARCO’S 61ST ANNUAL RIG CENSUS
Table 3. Changes to the global offshore mobile fleet.
2014
850
2013
824
2012
794
2011
745
2010
705
2009
675
2008
650
2007
654
2006
641
2005
673
2004
678
2003
677
2002
670
2001
n/a
–22
–3
–25
–17
–1
–18
–18
–2
–20
–7
0
–7
–2
–4
–6
–11
–3
–14
–7
0
–7
–26
0
–26
–10
–6
–16
–42
–3
–45
–15
–1
–16
–2
–3
–5
–2
0
–2
n/a
n/a
n/a
Additions to fleet
Newly manufactured
63
Brought back into service
2
Assembled from parts
0
Subtotal additions
65
Net Change
40
Total Available Rigs
890
Total Active Rigs
725
Utilization
81%
42
2
0
44
26
850
697
82%
44
4
2
50
30
824
626
76%
47
9
0
56
49
794
559
70%
40
6
0
46
40
745
572
77%
43
1
0
44
30
705
571
81%
28
4
0
32
25
675
592
88%
11
11
0
22
–4
650
574
88%
9
20
0
29
13
654
557
85%
4
8
1
13
–32
641
545
85%
9
1
1
11
–5
673
486
72%
5
1
0
6
1
678
479
71%
8
1
0
9
7
677
460
68%
n/a
n/a
n/a
n/a
n/a
670
488
73%
Previous year’s fleet
Reductions to fleet
Removed from service
Destroyed
Subtotal deletions
Fig. 4. 2014 Global offshore mobile fleet, by region.
Far East
5%
Other*
4%
Fig. 5. Makeup of the Global Offshore Mobile Fleet.
Med/Black Sea
3%
Middle East
17%
Tenders
Submersibles* Drill barges
38 rigs
2 rigs
Semisubmersibles
24 rigs
23 active
0 active
214
rigs
19 active
61% util.
0% util.
167 active
79% util.
78% util.
Indian Ocean
6%
Mexico
7%
Jackups
506 rigs
421 active
83% util.
Drillships
106 rigs
95 active
90% util.
SE Asia
14%
West Africa
10%
*Arctic rigs are included with submersibles.
This does not include platform and inland barge rigs.
NW Europe
11%
Total fleet = 890
Active rigs = 725
Utilization = 81%
U.S. - GOM, Pacific, Alaska
12%
South America
11%
*Total of regions with less than 2%, each, including: Australia/New Zealand, Baltic,
Canada, Caspian, Central America and Russian Arctic.
statistics do not reflect these units, since worldwide statistics
are particularly hard to obtain.
Another 63 brand-new rigs came online and entered the
census for the first time. The rate of increase in the fleet has
been especially noteworthy for the past six years, with 40 or
more rigs added each year. Another 81 units are scheduled
for worldwide delivery by the middle of 2015, according to
IHS. Even though all of these rigs will not meet that schedule,
another prolific year of fleet additions is likely, possibly surpassing the number of new units reported in the 2014 census.
In addition to these newbuilds, two offshore rigs also were
“Brought Back into Service.” No units were added after being
“Assembled from Parts.”
The available count for the global offshore mobile fleet
now stands at 890 units, a net increase of 40 rigs, and a 5%
increase from last year. The worldwide offshore mobile fleet is
widely distributed, with the Middle East in the lead, followed
by Southeast Asia, and the U.S., Fig. 4. Fleet composition by
specific rig type is shown in Fig. 5.
U.S. ACTIVITY SURGES
After showing a lagging year in 2013, U.S. drilling activity
picked up considerably this year, numbering 2,269 for 2014,
versus 2,055 last year. This resulted in a jump of about 10%,
and a rebound to the 2012 level. Active rigs rose to a greater
extent than available rigs this year, shrinking the gap between
the two and indicating stronger market conditions.
The methodology used to count active rigs for the NOV
census is different from other published rig counts. This census counts a rig as active, if it has “turned to the right” at any
time during a defined 45-day period in the late spring, this
year between May 9 and June 22. Other active counts typically report shorter windows of time, such as a week. When a
longer period is used to monitor activity, a larger pool of working rigs will be counted, and the count will be higher. This is a
better indication of activity, since fewer active rigs will be left
out of the count, due to relocations.
Rig utilization, the ratio of active to available rigs, is a statistic
that gives an indication of the demand/supply balance. Gains in
utilization can show increasing economic strength in the industry. This year, U.S. utilization has improved and is now 70%, rising
three percentage points since 2013. Although this year’s utilization is still below the historical average of 74%, it has reached the
70% mark, which typically indicates a healthier drilling market.
World Oil®/NOVEMBER 20145
NATIONAL OILWELL VARCO’S 61ST ANNUAL RIG CENSUS
CENSUS GROUND RULES
Company sales regions were used for the geographical breakdown shown in Table 4.
Contractor-owned rigs are those belonging to companies whose primary business is offering drilling contracting services.
To be considered active, a rig must be drilling at least one day during the 45-day qualification period.
Only workable rotary rigs are included; cable tool rigs are excluded.
To be considered available, a rig must be able to go to work without requiring a significant capital expenditure.
Rotary land rigs stacked for an extended period of time, typically three years or longer, are not counted as available.
A rig must be capable of, and normally employed for, drilling deeper than 3,000 ft. Therefore, some shallow drilling rigs are
excluded, but this is necessary to ensure well-servicing rigs are not counted.
• Electric rigs include all those that transmit power from prime movers to electrically driven equipment.
• Inland barges include barge-mounted rigs that may be moved from one location to another via canal, bayou or river, and
drill in sheltered inland waters. Offshore rigs include stationary platform units (both self-contained and tender-supported),
bottom-supported mobile units, and floating rigs (both drill ships and semi-submersibles).
•
•
•
•
•
•
•
Table 4. U.S. regional census results.
Region
Alaska
Year
Available Active Utilization
2014
29
2013
27
Northern
2014
384
Rockies
2013
350
Southern
2014
281
Rockies
2013
278
Northeast 2014
330
states
2013
313
Permian
2014
767
basin
2013
649
Gulf Coast 2014
498
2013
499
ArkLaTex 2014
173
2013
172
California 2014
110
2013
108
Southeast 2014
242
states
2013
225
Mid2014
440
Continent 2013
434
Total
2014 3,254
2013 3,055
18
16
253
231
193
205
202
154
588
456
360
350
128
124
56
66
167
137
304
316
2,269
2,055
62%
59%
66%
66%
69%
74%
61%
49%
77%
70%
72%
70%
74%
72%
51%
61%
69%
61%
69%
73%
70%
67%
Ownership
Driller Operator
26
24
347
309
246
241
256
253
682
581
418
435
153
156
97
96
228
209
329
321
2,782
2,625
3
3
37
41
35
37
74
60
85
68
80
64
20
16
13
12
14
16
111
113
472
430
Power source
Mechanical SCR/Electric
7
7
99
103
173
175
180
193
407
431
117
110
95
91
65
63
65
63
232
218
1,440
1,454
There were 985 available U.S. rigs that were inactive during
this year’s 45-day census period. These units may have been idle
as they waited for contracts or were being moved to their next
drilling location. These viable, but inactive rigs, were classified
according to the length of time that they have been idle. Rigs
stacked less than one year numbered 529; one to two years, 338;
and two to three years, 118. If land rigs are stacked longer than
three years, census rules state that they should be removed from
the available count. Assuming no changes occur in their status
over the coming year, most of the 78 rigs stacked for more than
two years will leave the census in 2015. Often, idle rigs are retired for other reasons before their stacked status targets them
for deletion. Rigs that require a large capital expenditure to be
up and running are removed from the fleet, and fall into the category “Removed from Service.”
Full-year utilization is another statistic used to measure
overall fleet dynamics. This percentage is the ratio of active to
available rigs that drilled at any time during the past year. Adding the 2,269 active rigs, to the 529 rigs stacked less than one
year, provides the total number of rigs that drilled between the
end of the 2013 census and the end of the 2014 census. This
full-year utilization figure indicates that rig owners used 2,798
6NOVEMBER 2014/WorldOil.com
22
20
285
247
108
103
150
120
360
218
381
389
78
81
45
45
177
162
208
216
1,814
1,601
Land
27
26
384
350
281
278
330
313
767
649
486
475
173
172
105
103
69
77
440
434
3,062
2,877
Rig type
Barge Floating
0
0
0
0
0
0
0
0
0
0
2
1
0
0
0
0
43
34
0
0
45
35
0
2
0
0
0
0
0
0
0
0
4
7
0
0
0
0
53
40
0
0
57
47
Platform
0
0
0
0
0
0
0
0
0
0
5
8
0
0
5
5
33
25
0
0
43
38
Bottom
Total
Supported Offshore
2
1
0
0
0
0
0
0
0
0
1
8
0
0
0
0
44
49
0
0
47
58
2
3
0
0
0
0
0
0
0
0
12
24
0
0
5
5
173
148
0
0
192
178
units, or 86% of all available rigs this year. This compares with
91% during the past census period. So, although utilization increased during the census active period, full-year utilization
shows a decline. This indicates that the rig activity upswing
was a relatively recent occurrence.
Regional results are also computed for the census and often show variations based on area market conditions. Every
U.S. region had increases in available rigs for 2014, with the
exception of the Gulf Coast, which only declined by one rig.
Seven out of 10 regions experienced increases in rig activity.
The regional breakdown, which compares this year’s numbers
to 2013, is shown in Table 4. The regions with the greatest
percentage increases in activity were the Northeast states, up
31%; the Permian basin, up 29%; and the Southeast states, up
22%. It is believed that the Permian basin region, in particular,
experienced a bump in activity, due to increased horizontal
drilling. California was the area showing the greatest decline
in activity, down 15%. Utilization, by region, also shows mixed
results, with six out of 10 regions having increases.
The regional figures just mentioned are a combination of
land and offshore statistics. Looking only at U.S. land rigs,
however, we also see a modest increase in utilization. For
NATIONAL OILWELL VARCO’S 61ST ANNUAL RIG CENSUS
2014, land rig utilization was up to 70%,
versus 68% in 2013. The U.S. marine
fleet made a significant utilization gain
in 2014, rising another seven percentage
points to 69%. Rigs in greatest demand
were inland barge rigs at 78% utilization,
and floating rigs at 77%.
Analyzing the U.S. land and offshore
rigs by depth capacity, differences are visible between units in various ranges. The
rigs with the highest utilization, 78%, continue to be those in the 16,000-to-19,999ft range. Those with the lowest were the
most shallow (3,000 to 5,999 ft), with a
utilization of 57%, Table 5.
CANADIAN ACTIVITY RISES
SHARPLY
Canada experienced a noteworthy
increase in rig activity over the past year.
Since the census is taken every year in
the late spring and early summer, the
timing of the spring thaw, and the ensuing road restrictions put in place to avoid
environmental damage, often cause big
differences in year-to-year active count
statistics. For 2014, the active count
surged, as total units drilling numbered
352 during the 45-day active window.
This was a 22% increase from the same
time in 2013.
Utilization was pushed up this year,
because active rigs rose at an even greater rate than available rigs. Canadian utilization measured 44%, versus 37% the
previous year, Fig. 6. Subdividing the
fleet, more than 60% of available rigs in
Canada have drilling capacities between
6,000 and 12,999 ft. However, utilization
by depth capacity shows that demand is
now greatest for units in the 13,000-to15,999-ft range, where the demand-andsupply ratio comes in at 63%. We have
been told that some of the major players
are transitioning to deeper rigs, as drilling focuses more on the long-reach horizontal market.
INTERNATIONAL RIG
UTILIZATION INCREASES
Table 5. U.S. rig utilization by depth capacity.
By region
Alaska
Status
Available
Active
Idle
Utilization, %
Northern
Available
Rockies
Active
Idle
Utilization, %
Southern
Available
Rockies
Active
Idle
Utilization, %
Northeast Available
States
Active
Idle
Utilization, %
Permian
Available
Basin
Active
Idle
Utilization, %
Gulf Coast Available
Active
Idle
Utilization, %
ArkLaTex
Available
Active
Idle
Utilization, %
California Available
Active
Idle
Utilization, %
Southeast Available
States
Active
Idle
Utilization, %
MidAvailable
Continent Active
Idle
Utilization, %
By rig type
Inland
Available
Barge
Active
Idle
Utilization, %
Floating
Available
Active
Idle
Utilization, %
Land
Available
Active
Idle
Utilization, %
Offshore
Available
Platform
Active
Idle
Utilization, %
Bottom
Available
Supported Active
Idle
Utilization, %
Total
Available
Active
Idle
Utilization, %
NOV personnel are asked each year to
examine rig counts on a country-by-country basis and then calculate international rig utilization for the
primary areas. Accuracy in counting rigs can vary greatly, depending by country, but best-guess estimates are still included
in the averages. For 2014, all areas, with the exception of Asia
(including China), show increases in utilization. Many of the
increases since 2013 can be attributed to improved data sources
and record-keeping, as NOV attempts to better understand the
international market.
Depth rating, ft
Over 16,000 to 13,000 to 10,000 to 6,000 to 3,000 to
20,000 19,999
15,999
12,999
9,999
5,999
9
4
8
7
0
1
6
2
3
7
0
0
3
2
5
0
0
1
67%
50%
38%
100%
–
0%
130
139
48
32
21
14
98
94
28
17
9
7
32
45
20
15
12
7
75%
68%
58%
53%
43%
50%
13
38
56
59
82
33
10
28
43
33
61
18
3
10
13
26
21
15
77%
74%
77%
56%
74%
55%
15
62
63
65
101
24
9
58
51
31
43
10
6
4
12
34
58
14
60%
94%
81%
48%
43%
42%
125
131
170
227
96
18
107
119
122
157
71
12
18
12
48
70
25
6
86%
91%
72%
69%
74%
67%
208
125
69
38
50
8
157
91
47
25
35
5
51
34
22
13
15
3
75%
73%
68%
66%
70%
63%
13
43
23
24
49
21
6
38
20
16
35
13
7
5
3
8
14
8
46%
88%
87%
67%
71%
62%
18
8
12
22
19
31
8
5
1
9
12
21
10
3
11
13
7
10
44%
63%
8%
41%
63%
68%
153
15
32
23
13
6
106
15
25
12
6
3
47
0
7
11
7
3
69%
100%
78%
52%
46%
50%
98
80
86
102
49
25
69
54
74
64
28
15
29
26
12
38
21
10
70%
68%
86%
63%
57%
60%
20
16
4
80%
56
43
13
77%
641
475
166
74%
25
16
9
64%
40
26
14
65%
782
576
206
74%
3
3
0
100%
1
1
0
100%
634
495
139
78%
6
4
2
67%
1
1
0
100%
645
504
141
78%
9
7
2
78%
0
0
0
–
550
402
148
73%
5
4
1
80%
3
1
2
33%
567
414
153
73%
4
3
1
75%
0
0
0
–
589
367
222
62%
3
1
2
33%
3
0
3
0%
599
371
228
62%
6
3
3
50%
0
0
0
–
471
296
175
63%
3
1
2
33%
0
0
0
–
480
300
180
63%
3
3
0
100%
0
0
0
–
177
101
76
57%
1
0
1
0%
0
0
0
–
181
104
77
57%
Total
29
18
11
62%
384
253
131
66%
281
193
88
69%
330
202
128
61%
767
588
179
77%
498
360
138
72%
173
128
45
74%
110
56
54
51%
242
167
75
69%
440
304
136
69%
45
35
10
78%
57
44
13
77%
3,062
2,136
926
70%
43
26
17
60%
47
28
19
60%
3,254
2,269
985
70%
The latest counts in the FSU countries of Kazakhstan, Uzbekistan, Azerbaijan and Turkmenistan brought utilization
figures up for Europe (including the FSU). Asia (including
China), is especially difficult to get a handle on, due to secrecy
in the Chinese oil field, but our focus on this area facilitated
greater accuracy in determining the active-versus-idle count.
Middle Eastern rig counts were up significantly, as Saudi Arabia required more rigs to maintain its oil production levels.
World Oil®/NOVEMBER 20147
NATIONAL OILWELL VARCO’S 61ST ANNUAL RIG CENSUS
Table 6. International land rig utilization.
Europe, incl. FSU
Africa
Middle East
Asia, incl. China
Latin America
Overall
2006
96%
99%
88%
97%
92%
95%
2007
97%
86%
94%
95%
90%
94%
2008
90%
85%
94%
96%
90%
92%
2009
78%
70%
82%
93%
81%
84%
2010
86%
77%
90%
96%
74%
88%
2011
80%
83%
97%
96%
93%
90%
Fig. 6. Canadian available vs. active rigs, 2002-2014.
1,000
900
741
Number of rigs
800
700 640
600
653
500
450
680
875
871
799
852
Available
795
774
747
777 796
U.S. INDUSTRY TRENDS
669
550
Active
449
406
400
334
371
369
352
329
300 346
289
200
191
100
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Fig. 7. Global offshore mobile available vs. active rigs, 2001-2014.
Number of rigs
1,000
900
800
670 677
700
600
500
400 488 460
300
200
100
0
2001 2002
678
673 641 654 650 675
Available
479
557
486 545
574
592
705
745
794 824
571 572
559
850 890
697
Active
727
626
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
In Latin America, overall utilization was up, although
it was due primarily to available rigs being down, instead
of overall activity being lower. Venezuela was the country
with the greatest increase in active rigs, due to the growth of
proven reserves in the Orinoco Belt. Mexico had somewhat
of a utilization increase, but overall rig counts were actually down, due primarily to PEMEX budget issues. In Brazil, Petrobras’ drilling activities were negatively influenced
by economic and political issues, which did cause activity to
decline, although rig utilization rose. Colombia saw rig activity decrease, as well, due to community issues and strikes in
oil states.
Worldwide, it is known that some areas have large numbers
of available rigs, but these units are often saddled with older
technology and may not be universally mobile or marketable.
Also, in some cases, available rigs are actually under contract
awaiting a project start, and are, therefore, unavailable for other work, Table 6.
MOBILE FLEET CONTINUES ITS ASCENT
The global offshore mobile fleet continued to show activity gains during the 45-day, census active window of May 9 to
June 22. The count rose to 725, an increase of 28 units or 4%.
8NOVEMBER 2014/WorldOil.com
This is the highest number of active rigs
recorded for the global offshore mobile
2012
2013
2014
fleet since statistics started being kept in
94%
75%
96%
2001. This compares to an active count
96%
83%
87%
of 697 in 2013, and it is the first time that
100%
94%
100%
the count has surpassed the 700 mark.
96%
96%
86%
88%
80%
84%
With the exception of platform and in95%
85%
91%
land barge rigs, all offshore mobile units
are included in these figures. Utilization
didn’t change much in 2014 for the fleet, since both available
rigs and active rigs increased at similar rates. It fell just one
percentage point to 81%, Fig. 7.
In addition to looking at rig statistics, the census determines the total number of rig owners each year. The number
of owners has, essentially, leveled off for the last several years,
with the number of new drilling companies being added balancing closely with the number of companies ceasing operations. For 2014, the net number of rig owners increased slightly, by six companies, to 319, Fig. 8.
Drilling contractors always have owned considerably more
drilling rigs than operators, although the percentage of operator-owned rigs has grown slightly over the years. For 2014, the
operators’ portion of the fleet went up to 15%, a one-percentage-point increase. This translates to operators owning 472
rigs out of the 3,254 total units. Contractors own 85% of the
fleet, or 2,782 rigs.
Rig ownership in the U.S. also can be examined by the fleet
sizes of individual companies. When industry consolidation
began accelerating in the late 1980s, many companies grew
quickly as they bought up their competitors. These larger
companies (those with more than 20 rigs) continue to hold
the largest percentage of the fleet, again, this year, about 59%
of all rigs. However, when the market is good, new companies
tend to enter the drilling arena. There are 87 companies that
own a single rig and are able to capitalize on unique market
conditions in their area of expertise.
CREW CONCERNS
An annual survey is mailed out to drilling contractors every summer, inviting them to provide data about their current business environment and their opinions about the
industry. The 2014 survey was completed by 39 contractors, which is about 12% of all U.S. rig owners. A variety of
company sizes and regional areas were represented by this
year’s respondents.
Every year, owners are asked to rank a list of eight key issues that are typically of concern in the industry. In recent
years, three issues have continued to surface as the top concerns. “Crew Availability” was the number-one problem mentioned in 2014, moving “Rig Rates,” the top problem in 2013,
down in importance. The skilled labor shortage is becoming
acute and may be slowing the industry’s rate of growth.
The second-highest problem this year is “Government
Regulation,” remaining in the same position as last year.
For the past several years, there has been anxiety about new
mandates that could impact the drilling industry in a negative manner. Hydraulic fracturing, especially, has been on the
regulation forefront recently. “Rig Rates” were ranked as the
NATIONAL OILWELL VARCO’S 61ST ANNUAL RIG CENSUS
Fig. 9. Top contractor concerns.
Fig. 8. U.S. rig owners, 1987-2014.
800
Number of rig owners
700
600
500
400
319
300
200
100
0
1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014
Note: 2002 data point is an estimate.
third-highest problem this year, after falling from the numberone ranking in 2013. Although rates affect profitability and are
always a concern, when active rig counts climb and business
is better, other issues tend to move up in importance. More
advanced mobile rigs may be able to demand higher rates in
some areas. However, better rig rates can only go so far in helping alleviate severe crew shortages, when crucial training time
is needed, Fig. 9.
Respondents are asked to share some of their company’s
current business figures. Labor rates on average have gone up
another 5% over the past year, and continue to rise as companies try to recruit and maintain crews. The cost of insurance
and benefits also has an impact on expenses, which continue
to escalate. Rig maintenance is another significant expense for
contractors, and it tends to increase annually. This year, contractors told us that maintenance costs were going to be about
2% higher than in 2013. There are still a number of older rigs
in the fleet that are very costly to maintain.
Contractors told us that, on average, their rig activity has
gone up almost 8%, compared to a year ago. This estimated
percentage is a little lower than the overall increase of 10%
measured in the census this year. Respondents also had an average increase of 2% in their land rig rates over the past year.
This increase is in line with higher rig activity, but does show
that rates have not kept up with activity levels. Contractors
seem optimistic that rig activity will continue to improve
over the next year, and they forecast an increase of almost
7% for 2015.
Along with horizontal drilling and hydraulic fracturing,
pad drilling has been one of the most important innovations in recent industry history. Therefore, a new question
was added to the survey this year, which asked contractors
to estimate what percentage of their wells used pad drilling.
This number was almost 31%, a significant percentage for a
technology that has been around for less than a decade. In
actuality, we know that in many of the big plays and among
some operators, an even higher percentage of wells are drilled
using pad drilling.
CONTRACTORS PLAN TO EXPAND FLEETS
The 2014 Contractor Survey also asked rig owners to
choose among several statements that best described their
company’s plans for the next five years. Recent economic prosperity, and an optimistic outlook, are apparent in this year’s
results. About 51% of contractors told us that they expect to
2013
No.1 Rig rates
No.2 Government regulations
No.3 Crew availability
2014
No.1 Crew availability
No.2 Government regulations
No.3 Rig rates
“Expand Current Fleet” in the next few years. With advanced
technology, rigs are able to optimize output at a faster rate, so
it isn’t surprising that a majority of contractors would expect
to increase profits by adding newer models to their fleets.
The next highest number of responses, 31%, included
contractors who predicted “No Plans for Change” in the next
five years. Fewer owners checked the boxes for “Unknown”
(10%), “Diversification into Other Businesses” (8%), “Pursuing International Opportunities” (5%), “Seeking Merger Opportunities” (5%), and “Downsizing Current Fleet” (3%). It
is important to note that contractors were allowed to choose
more than one category, so the total is greater than 100%.
FORECAST FOR 2015
The outlook for 2015 is more of a good news/bad news
scenario. Market conditions remain good in North America,
especially in the shale plays and other unconventional resources. Demand for the best rigs is expanding. Advances in
rig technology will continue to improve drilling efficiency,
safety, and the environmental impact of drilling.
Growth in land rigs is expected in Canada, Latin America
and the Middle East. The offshore global mobile fleet will
continue to add to its numbers with state-of-the art rigs. Furthermore, analysts expect the world’s energy consumption to
continue to grow.
However, combining higher rig efficiency with crude prices
that have slumped in recent days, does impact our optimism.
It’s possible that in 2015, if supplies are still high, U.S. utilization may fall slightly, since fewer rigs will be necessary for
new production. Hopefully, the recent commodity price dip is
just an aberration, and this dynamic industry will continue to
prosper in innovative ways.
ACKNOWLEDGEMENT
NOV partnered with several companies to collect industry statistics published in this article. IHS is
the primary source used for the U.S. land rig fleet and global offshore mobile fleet. Nickle’s Energy
Group is the principal source for the Canadian figures. Information for some areas, particularly
the international fleet, was collected and analyzed by NOV personnel. The following individuals
are recognized for their specific contributions to this year’s rig census: Tom Kellock (IHS); Jacoby
Garcia (RigData); Melissa Brouillard, Franklin Pinerua Cardozo, Kristin Gilbertson, Keith Joseph,
David Nassif, Tim Tynan, Adriana Vizcarrondo (NOV).
BRANDON MONTAGNE is the director of Market
Intelligence for NOV’s Wellbore Technologies
segment. He began his career with NOV Downhole in
Houston, seven years ago. At NOV, Mr. Montagne has
held various other positions, including
Commercialization Process manager and then Market
Intelligence manager. He received a BBA degree in
marketing from Sam Houston State University in 2007.
TORY A. STOKES is a consultant for NOV’s Downhole
division, after being employed at ReedHycalog as
senior marketing analyst for eight years. She
graduated with a BS degree in applied mathematics
from Texas A&M University in 1985, and earned an
MBA from the University of Houston in 1993.
World Oil®/NOVEMBER 20149
NATIONAL OILWELL VARCO’S 61ST ANNUAL RIG CENSUS
U.S. rig census historical data, 1955–2014
Depth rating, ft
Unit
change
71
-201
-105
86
20
-303
-219
226
-29
-138
-90
-116
-297
-51
-162
-39
-91
-1
127
134
176
278
369
331
490
1131
841
-371
-693
-171
-416
-662
-579
-210
-222
-69
-255
-143
-12
-112
-80
16
40
-61
-8
86
n/a
-3
269
38
272
519
259
93
-16
-72
-72
%
change
2%
-6%
-3%
3%
1%
-10%
-8%
9%
-1%
-5%
-3%
-5%
-12%
-2%
-8%
-2%
-5%
0%
7%
7%
9%
13%
15%
12%
15%
31%
18%
-7%
-13%
-4%
-9%
-17%
-17%
-8%
-9%
-3%
-11%
-7%
-1%
-6%
-5%
1%
2%
-4%
0%
5%
n/a
0%
16%
2%
13%
23%
9%
3%
-1%
-2%
-2%
Active
2,654
2,836
2,519
1,909
2,476
2,150
2,064
1,835
2,002
2,048
1,934
1,714
1,573
1,508
1,649
1,331
1,308
1,381
1,473
1,769
1,877
1,979
2,399
2,785
2,874
3,542
4,703
3,225
2,539
3,090
2,625
1,052
1,388
1,532
1,444
1,677
1,485
1,192
1,279
1,221
1,232
1,263
1,447
1,305
860
1,215
1,593
n/a
1,334
1,674
1,920
2,200
2,402
2,541
1,264
2,024
2,059
2,248
Util.
rate
83%
87%
82%
64%
81%
70%
74%
72%
72%
74%
74%
68%
65%
71%
80%
70%
70%
78%
83%
93%
93%
90%
97%
98%
90%
96%
98%
57%
48%
67%
60%
26%
42%
56%
57%
72%
66%
60%
69%
66%
71%
77%
87%
77%
52%
74%
93%
n/a
78%
84%
95%
96%
85%
83%
40%
64%
67%
75%
Idle
552
441
557
1,062
581
927
710
720
779
704
680
810
835
603
411
567
551
387
294
125
151
225
83
66
308
130
100
2,419
2,734
1,490
1,784
2,941
1,943
1,220
1,098
643
766
804
574
620
497
386
218
400
784
421
129
n/a
385
314
106
98
415
535
1,905
1129
1,022
758
Driller
owned
2,806
2,911
2,796
2,735
2,848
2,874
2,606
2,406
2,672
2,644
2,531
2,472
2,359
2,067
2,033
1,869
1,832
1,741
1,739
1,881
2,014
2,180
2,451
2,818
3,144
3,626
4,762
5,606
5,241
4,553
4,386
3,961
3,299
2,716
2,508
2,294
2,209
1,956
1,806
1,789
1,680
1,597
1,606
1,640
1,599
1,557
1,643
n/a
1,648
1,896
1,962
2,191
2,511
2,698
2,729
2,702
2,626
2,567
Operator
owned
400
366
280
236
209
203
168
149
109
108
83
52
49
44
27
29
27
27
28
13
14
24
31
33
38
46
41
38
32
27
23
32
32
36
34
26
42
40
47
52
49
52
59
65
45
79
79
n/a
71
92
64
107
306
378
440
451
455
439
Over
16,000 to
20,000
19,999
–––––– 104 ––––––
–––––– 110 ––––––
–––––– 111 ––––––
–––––– 141 ––––––
–––––– 184 ––––––
–––––– 210 ––––––
–––––– 193 ––––––
–––––– 218 ––––––
–––––– 272 ––––––
–––––– 305 ––––––
–––––– 322 ––––––
–––––– 350 ––––––
–––––– 375 ––––––
–––––– 372 ––––––
–––––– 366 ––––––
–––––– 343 ––––––
–––––– 361 ––––––
–––––– 397 ––––––
–––––– 413 ––––––
–––––– 425 ––––––
–––––– 448 ––––––
–––––– 498 ––––––
–––––– 577 ––––––
–––––– 693 ––––––
–––––– 872 ––––––
–––––– 1,059 ––––––
–––––– 1,405 ––––––
–––––– 1,717 ––––––
–––––– 1,639 ––––––
–––––– 1,408 ––––––
–––––– 1,332 ––––––
–––––– 1,220 ––––––
–––––– 991 ––––––
–––––– 771 ––––––
–––––– 704 ––––––
399
221
380
210
315
175
303
152
326
147
317
148
311
139
339
137
376
142
375
134
392
134
424
161
n/a
n/a
390
205
424
230
375
251
394
287
453
347
471
378
478
449
517
472
498
523
514
589
13,000 to
15,999
445
453
425
405
424
378
356
307
298
251
242
206
199
185
188
219
198
171
164
214
225
239
274
313
350
419
595
717
662
591
570
496
427
365
329
313
304
267
240
245
239
221
230
238
232
231
254
n/a
274
295
311
384
508
605
670
662
646
606
10,000 to
12,999
613
562
553
487
520
477
399
471
479
463
449
461
435
381
352
322
329
301
318
339
380
366
461
565
631
704
950
1104
993
933
894
789
637
529
515
488
491
441
420
411
393
384
387
391
368
355
373
n/a
368
473
472
562
658
741
754
721
667
616
Year
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Available
3,206
3,277
3,076
2,971
3,057
3,077
2,774
2,555
2,781
2,752
2,614
2,524
2,408
2,111
2,060
1,898
1,859
1,768
1,767
1,894
2,028
2,204
2,482
2,851
3,182
3,672
4,803
5,644
5,273
4,580
4,409
3,993
3,331
2,752
2,542
2,320
2,251
1,996
1,853
1,841
1,729
1,649
1,665
1,705
1,644
1,636
1,722
n/a
1,719
1,988
2,026
2,298
2,817
3,076
3,169
3,153
3,081
3,006
2013
3,055
49
2%
2,055
67%
1,000
2,625
430
706
561
551
2014
3,254
199
7%
2,269
70%
985
2,782
472
782
645
567
599
AVG.
2,692
1
0%
1,948
74%
744
2,566
126
528
285
363
530
Note: The data for 1953, 1954 and 2002 are not available.
10NOVEMBER 2014/WorldOil.com
600
NATIONAL OILWELL VARCO’S 61ST ANNUAL RIG CENSUS
Power source
6,000 to
9,999
1,237
1,256
1,075
1,067
996
1,033
937
823
964
1,029
936
863
776
680
626
580
535
490
517
529
579
633
628
723
783
885
1,080
1,285
1,233
1,077
1,084
971
841
751
700
623
603
553
513
499
453
435
421
412
395
381
371
n/a
359
435
474
521
609
621
577
555
552
496
3,000 to
5,999 SCR/Elec.
807
30
896
34
912
52
871
49
933
54
979
73
889
66
736
63
768
106
704
113
665
138
644
164
623
206
493
189
528
177
434
154
436
170
409
176
355
164
397
159
396
164
468
192
542
217
557
283
546
420
605
490
773
656
821
896
746
851
571
771
529
748
517
815
435
681
336
561
294
498
276
408
263
438
245
395
225
380
213
418
179
414
159
408
151
456
146
497
140
499
143
520
139
582
n/a
n/a
123
592
131
627
143
603
150
826
242
1,104
260
1,170
241
1,211
226
1,316
195
1,386
185
1,499
Mechanical
Diesel
Gas
Steam
n.a.
n.a.
285
n.a.
n.a.
247
n.a.
n.a.
195
n.a.
n.a.
158
n.a.
n.a.
113
1,039
1,864
101
1,092
1,549
67
913
1,525
54
1,027
1,600
48
1,040
1,577
22
1,051
1,404
21
964
1,376
20
955
1,239
8
882
1,037
3
952
928
3
895
847
2
937
750
2
955
637
0
1,007
596
0
1,200
535
0
1,339
525
0
1,535
476
1
1,943
321
1
2,309
259
0
2,521
241
0
3,023
159
0
4,000
146
1
4,647
100
1
4,344
77
1
3,747
61
1
3,621
40
0
3,139
39
0
2,626
24
0
2,167
24
0
2,025
19
0
1,891
21
0
1,798
15
0
1,589
12
0
1,460
13
0
1,402
21
0
1,305
10
0
1,234
7
0
–––––– 1,209 ––––––
–––––– 1,208 ––––––
–––––– 1,145 ––––––
–––––– 1,116 ––––––
–––––– 1,140 ––––––
–––––– n/a ––––––
–––––– 1,127 ––––––
–––––– 1,361 ––––––
–––––– 1,423 ––––––
–––––– 1,472 ––––––
–––––– 1,713 ––––––
–––––– 1,906 ––––––
–––––– 1,958 ––––––
–––––– 1,837 ––––––
–––––– 1,695 ––––––
–––––– 1,507 ––––––
Rig type
Land
2,996
3,025
2,793
2,715
2,811
2,837
2,535
2,300
2,514
2,479
2,343
2,259
2,114
1,825
1,827
1,662
1,592
1,551
1,570
1,715
1,839
1,964
2,186
2,524
2,802
3,255
4,316
5,139
4,832
4,102
3,940
3,573
2,956
2,429
2,249
2,061
2,006
1,809
1,660
1,613
1,500
1,425
1,428
1,449
1,384
1,370
1,452
n/a
1,488
1,736
1,813
2,100
2,598
2,871
2,971
2,938
2,885
2,828
Inland
barge
162
175
184
185
190
178
173
178
179
162
144
128
121
114
98
106
124
77
71
66
74
76
77
91
109
115
161
157
128
131
121
90
91
63
63
54
51
47
46
45
45
46
44
47
46
47
38
n/a
43
51
48
47
55
52
51
55
50
37
Floating
10
14
32
37
34
39
28
41
50
50
67
58
72
77
50
55
62
60
59
54
58
81
120
123
144
34
32
25
31
51
58
70
53
48
40
30
24
20
19
21
19
22
28
35
37
33
37
n/a
36
45
37
42
43
41
43
41
38
41
Offshore
Bottom
platform
supported
–––––– 38 ––––––
–––––– 63 ––––––
–––––– 67 ––––––
–––––– 34 ––––––
–––––– 22 ––––––
–––––– 23 ––––––
–––––– 38 ––––––
–––––– 36 ––––––
–––––– 38 ––––––
–––––– 61 ––––––
–––––– 60 ––––––
–––––– 79 ––––––
–––––– 101 ––––––
–––––– 95 ––––––
–––––– 85 ––––––
–––––– 75 ––––––
–––––– 81 ––––––
–––––– 80 ––––––
–––––– 67 ––––––
–––––– 59 ––––––
–––––– 57 ––––––
–––––– 83 ––––––
–––––– 99 ––––––
–––––– 113 ––––––
–––––– 127 ––––––
149
119
155
139
167
156
129
153
123
173
107
183
89
171
77
154
62
150
60
130
46
129
48
122
41
79
36
92
39
123
43
122
39
117
42
123
45
129
45
132
42
144
43
152
n/a
n/a
34
118
41
115
31
97
28
81
38
83
39
73
39
65
34
85
31
77
35
65
Offshore
stationary
38
63
67
34
22
23
38
36
38
61
60
79
101
95
85
75
81
80
67
59
57
83
99
113
127
268
294
323
282
296
290
260
231
212
190
175
170
120
128
162
165
156
165
174
177
186
195
n/a
152
156
128
109
121
112
104
119
108
100
Subtotal
offshore
210
252
283
256
246
240
239
255
267
273
271
265
294
286
233
236
267
217
197
179
189
240
296
327
380
417
487
505
441
478
469
420
375
323
293
259
245
187
193
228
229
224
237
256
260
266
270
n/a
231
252
213
198
219
205
198
215
196
178
469
168
1,601
––––––1454 ––––––
2,877
35
47
38
58
96
178
480
181
1,814
––––––1440––––––
3,062
45
57
43
47
90
192
712
443
504
n.a.
2,422
93
47
63
116
130
270
World Oil®/NOVEMBER 201411
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