Platts RigData: U.S. Rig Count Rose 9% Month-Over-Month in January

HOUSTON, Feb. 7, 2017 /PRNewswire/ -- Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for January 2017 was 773, up 64 (9%) from December 2016, and up 85 (12%) from January 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs.

• January U.S. land rig count: 733, up 61 from the previous month and up 111 from January 2016.
• January U.S. inland waters and Gulf of Mexico rig count: 40, up 3 from the previous month, and down 26 from January 2016.

Platts RigData US Rig Counts

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.

About S&P Global PlattsAt 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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SOURCE S&P Global Platts