Counting drilling rigs

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
  • Quandl.com: it has no data on active drilling rigs.

to do: find more data.

 

 

 

Gazprom

Gazprom, the Russian  oil and gas company.

Major areas and projects

All projects are listed here. For each one, a nice map indicating the number of kilometres and The main ones are:

Maps

More maps: here.