Background

I have the purpose of counting US drilling rigs that are producing oil. I understand so many of them are closing and the cost to re-open them should be considerable. With the amount of oil in the market and the future prices sinking into even negative values, I want to challenge my self if I can improve the way to analyze and predict when the barrel price is going to bull again.

US drilling regions

These are the main drilling regions in US.

• Permian
• Anakardo,
• Appalachia,
• Niobrara
• Eagle Ford
• Haynesville
• Bakken

Sources of data

I only found a place that offers directly the number of opened drilling rigs in a chart. And it’s just for Oklahoma (Anakardo). It’s this one: https://ycharts.com/indicators/oklahoma_inland_rotary_rigs

Some other sources:

• List from TCI Business Capital: it only provides data from time to time.
• List from North Dakota: just for this region, which belongs to Bakken region.
• US Energy Information Administration (EIA): https://www.eia.gov/dnav/ng/ng_enr_drill_s1_m.htm
• Quandl.com: it has no data on active drilling rigs.

to do: find more data.