Rigs included in the M-I SWACO Rig Count are engaged in drilling and related operations, which include drilling, logging, cementing, coring, well testing, fishing, waiting on weather, running casing and blowout preventer (BOP) testing.
M-I SWACO US & Canada Rig Count
The US & Canada Rig Count is published every Friday; it includes the US and Canada, but excludes Mexico. A rig is included in the count if it is engaged in drilling and related operations. Workover and completion activity are explicitly excluded.
M-I SWACO Worldwide Rig Count
The M-I SWACO Worldwide Rig Count is the sum of the Worldwide Rig Count and the average of the weekly US & Canada rig counts for the calendar month.
The Worldwide Rig Count is tabulated monthly on a per country basis. A rig is included in the count if:
- It is engaged in drilling and related operations on the day of the count, or
- It is in transit to a location where it will commence drilling and related operations immediately upon arrival, or
- It performed drilling and related operations for more than 15 days of the previous month.
Unlike the US & Canada Rig Count, the Worldwide Rig Count may include completion activities if the rig continues directly from drilling and related operations to completion operations after reaching total depth (TD). Workover activities are explicitly excluded from the Worldwide Rig Count.
The M-I SWACO Worldwide Rig Count is published the second week of each month reflecting the previous month's data.
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