Understanding the Drillinginfo Rig Count
DailyRigCount.com & DI Rig Analytics
Rig counts have long been used to assess the overall health of the oil and gas industry and predict future production. In fact, traditional rig counts, which have been released on Friday afternoons since 1944, are so widely read and analyzed by financial traders and investors that they can move markets. However, the timing and nature of these releases – only once per week and gathered via phone and email – means that the information they contain is nearly outdated by the time it’s reported and lacks full transparency about activity in the field. Until now.
Drillinginfo, the leading energy SaaS and data analytics platform, has launched DailyRigCount.com, a new microsite that incorporates data from GPS tracking units and publicly reported information to more accurately monitor drilling rig movements in the U.S.
Frequently Asked Questions
How is Drillinginfo rig data gathered?
Drillinginfo tracks 95 percent of the U.S. rig fleet, primarily through GPS units placed directly on the rigs. The data is augmented with publicly reported permit data from drilling contractors and state agencies.
When is DailyRigCount.com updated?
Daily at 10 p.m. CT. In addition, Drillinginfo captures rig movements on weekends and holidays, reflecting the actual activity in the oil field.
Who is allowed to access DailyRigCount.com?
The website is free and anyone is welcome to use the data displayed on this page. We’ve also included embed code so users can directly insert the daily rig count into their own websites or web-based publishing platforms such as blogs and news articles.
When does Drillinginfo consider a rig active?
Drillinginfo defines a rig as active from the time a GPS tracking unit identifies it at a permitted oil and gas drilling location until the time it leaves. Other rig counts define a rig as active only when it is “turning to the right.” As rigs are often considered a barometer for industry health, understanding the bigger picture of how many rigs are on a location, regardless of whether or not they are turning to the right on a particular day, means a more comprehensive view of current industry activity and the associated future production.
What other tools does Drillinginfo offer to help understand where rigs are moving?
In addition to DailyRigCount.com, Drillinginfo offers products such as DI Rig Analytics and services to provide in-depth analysis of U.S. rig movements.
In which geographies does Drillinginfo track rigs?
DailyRigCount.com includes only onshore rigs in the United States, excluding Alaska and the Gulf of Mexico. DI Rig Analytics includes 95 percent of United States rigs, including the Gulf of Mexico and Alaska.
Does DailyRigCount.com break its count down by state or basin?
DailyRigCount.com is meant to provide a high-level national view of rig counts across the U.S. Customers can obtain state- or basin-specific intelligence within the DI Rig Analytics product.
What types of rig activity does Drillinginfo track?
Drillinginfo tracks rigs drilling hydrocarbon wells, in addition to those drilling injection, disposal, and water wells or performing a workover job. DailyRigCount.com only includes rigs that are engaged in hydrocarbon-related activities. Customers can filter, graph, and map our full list of rigs performing different activities in the DI Rig Analytics product.
How far does Drillinginfo historical rig data extend?
Drillinginfo considers its historical rig count data to be complete from June 2014 onward. While DailyRigCount.com only shows the last six months of daily rig counts, customers can access historical data via DI Rig Analytics.
How do I place the embed code from DailyRigCount.com onto my website or into a news story?
In the center of the DailyRigCount.com page, just above the rig count graph, you’ll see a link that asks, “Want to show the Drillinginfo Daily Rig Count on your own website?”
Click that link and follow the two-step instructions on how to copy and embed the code on your own site. The image should appear correctly in published view and this rig count image will update automatically each night.
What about including a citation that the information came from Drillinginfo?
The image displayed cites Drillinginfo as the source of the data by including the company name and logo, along with a button to see a full report with more information.
Where can I access Drillinginfo’s rig data?
Drillinginfo reports rig counts at DailyRigCount.com. Extensive data on the U.S. rig fleet, including rig location and horsepower and drilled-but-uncompleted (DUC) wells can be accessed through DI Rig Analytics.
Members of the media can request to receive Drillinginfo’s rig count update by contacting Jon Haubert and requesting they be added to the distribution list.