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6 FAQs about [Cost for current nd drilling rig count]
What is North Dakota rig count?
View and export this data back to 2024. Upgrade now. North Dakota Rig Count is at a current level of 29.00, down from 30.00 last week. This is a change of -3.33% from last week. In depth view into North Dakota Rig Count including historical data from 2024 to 2025, charts and stats.
How much does a land drilling rig cost?
This range of platform varieties serves specific drilling environments and depths. Their designs directly impact construction and operation costs. According to FreightWaves Ratings, a standard land drilling rig can cost between $14 million and $25 million (≈801.3 years of continuous labor at $15/hour).
How many oil rigs are there in the US?
The June 20th Baker Hughes rig count report shows a drop in the active rig count. Baker Hughes reports 554 active drilling rigs in the US. In April, the total active rig count was 587. One year ago, the total active rig count was 588. The oil rig count is currently 438 rigs, compared to 483 in April and 485 one year ago.
What does active rig count mean?
When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for products used in drilling, completing, producing and processing hydrocarbons.
When will the International rig count be released?
Starting in February 2020, the international rig count will be released on the last working day of the first week of the month. The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. When drilling rigs are active they consume products and services produced by the oil service industry.
How many rigs are there in the Williston Basin?
The Williston Basin rig count is 31 rigs, 2 fewer than in April. The Appalachian has 36 active rigs, 2 fewer than April’s count. *Data from April 2025, Baker Hughes Report. For more detailed news and information on the oil industry, please visit our oilfield news and information page.